Written Information Security Plan (WISP) Template for Sole Practitioners and PTIN Holders

If you're a sole practitioner as a PTIN holder, managing taxpayer information security and ensuring IRS compliance can feel overwhelming. That's why we've created a comprehensive Written Information Security Plan (WISP) template tailored specifically for professionals like you. With our step-by-step guide, you’ll have all the tools you need to secure sensitive data, respond to incidents effectively, and stay compliant with IRS regulations.

This WISP template is designed to simplify the process, especially for sole proprietors who often wear multiple hats, such as Data Security Coordinator (DSC) and Public Information Officer (PIO). By using our ready-to-use framework, you can focus on providing exceptional services to your clients while confidently managing your data security responsibilities.

Why Is a WISP Critical for PTIN Holders?

As a PTIN holder, you're entrusted with confidential taxpayer information, and protecting it is not just good practice—it's a legal obligation. The IRS mandates that professionals handling taxpayer data implement a robust security plan to safeguard against breaches and unauthorized access. A WISP ensures that your practice:

• Meets IRS compliance requirements (Publication 5708 standards).
• Protects taxpayer information from unauthorized access and breaches.
• Establishes a clear incident response plan in case of emergencies.
• Maintains the trust and confidence of your clients.

Your Roles as PTIN Holder, DSC, and PIO

As a sole practitioner, you might fulfill multiple roles within your practice. Here's how the WISP addresses these responsibilities:

1. PTIN Holder

• Ensures compliance with IRS regulations and standards for protecting taxpayer data.
• Establishes protocols for securing client information, both physically and electronically.
• Regularly reviews and updates data security measures to align with evolving threats.

2. Data Security Coordinator (DSC)

• Oversees the implementation of the WISP and ensures its effectiveness.
• Manages physical and electronic access to taxpayer information.
• Conducts regular audits and assessments to identify vulnerabilities in data security.

3. Public Information Officer (PIO)

• Communicates with clients and regulatory bodies in the event of a data breach or incident.
• Ensures timely notification and transparency to mitigate risks and maintain trust.
• Provides ongoing education and updates regarding data security practices.

What’s Included in Our WISP Template?

Our Written Information Security Plan template is a complete guide covering all key aspects of IRS compliance. Here’s a snapshot of what you’ll find:

1. Introduction and Overview
   • A clear explanation of the WISP and its purpose for sole practitioners.
2. Roles and Responsibilities
   • Detailed descriptions of your roles as PTIN Holder, DSC, and PIO.
3. Physical and Electronic Security Measures
   • Policies for safeguarding client data, from locked storage to encrypted backups.
4. Incident Response Plan
   • Step-by-step procedures to address and mitigate security breaches.
5. Annual Review and Updates
   • Guidelines for keeping your WISP relevant and effective year after year.
6. Acknowledgment and Signatures
   • Clear documentation of your commitment to security practices.

Benefits of Using This WISP Template

• Tailored for Sole Practitioners: Specifically designed to address the unique needs of solo tax professionals.
• Streamlined Compliance: Simplifies IRS requirements, making them easy to implement and maintain.
• Time-Saving: Provides a ready-to-use framework so you can focus on your business.
• Comprehensive Coverage: Includes everything you need to protect taxpayer data and prepare for incidents.

Secure Your Practice Today

Protecting taxpayer information isn’t just about avoiding penalties—it’s about ensuring the trust and confidence of your clients. By using this WISP template, you’re taking a proactive step toward safeguarding your practice and meeting IRS standards.

Don’t wait until it’s too late. Start securing your practice today with our complete Written Information Security Plan (WISP) tailored for PTIN Holders, DSCs, and PIOs.

Optimize Your IRS Compliance Now

Ready to simplify your compliance efforts? Download our WISP template today, for only $29, and ensure your practice is protected. Whether you’re managing physical files or securing digital records, our guide will provide the clarity and structure you need to thrive as a sole practitioner.