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 Sample Tax Security Plan Unveiled

Key silver and lockThe Security Summit has released a sample security plan, designed to help tax professionals protect data and information. The Written Information Security Plan or WISP is described in 29-pge document.

The Security Summit, is comprised by tax professionals, software and industry companies, representatives from state tax groups and the Internal Revenue Service.

In its announcement, the consortium said it “has noticed that some tax professionals continue to struggle with developing a written security plan.” It said plans “should be appropriate to the company's size, scope of activities, complexity and the sensitivity of the customer data it handles. There is no one-size-fits-all WISP."

It recommended firms keep their plans in a format that others can easily read, such as PDF or Word, utilize it for employee training and store a copy offsite or in the cloud.

Tax professionals also can get help at  Publication 4557, Safeguarding Taxpayer Data, and Small Business Information Security: The Fundamentals by the National Institute of Standards and Technology. The IRS Identity Theft Central pages for tax pros, individuals and businesses have important details as well while Publication 5293, Data Security Resource Guide for Tax Professionals, provides a compilation of data theft information available on IRS.gov.

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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