The FTC Safeguards Rule moved into the “penalty phase on” June 9, 2023. Under the Rule tax preparers, and firms providing services of a financial nature to clients, must implement security plans to protect client data. Failure to do so may result in an FTC investigation including possible stiff penalties.
Combatting today’s cybercriminals takes knowledge, good technology, and training for staff, because data thefts at tax professionals’ offices are on the rise. The requirements are outlined in various publications, including IRS Publication 4557. Any professional who holds a PTIN falls under the Pub 4557 requirements.
The best way for firms to demonstrate compliance with both IRS Pub 4557 and the FTC Safeguards Rule is with a Written Information Security Plan (WISP).
In this 120-minute self-paced Master Class, participants receive expert-led instruction plus over 20 downloadable and editable templates, policies, and guidelines designed to help them quickly create and roll out their WISP.
Major Topics:
Learning Objectives:
Field of Study: Information Technology / Practice Management
Prerequisites: Basic knowledge of tax return preparation processes and cybersecurity issues
Level: Intermediate
Advanced Preparation: None
Print Version
Orders that include PRINT versions of the books should arrive within 10 days of shipment.
eBook Version
Orders that include EBOOK versions of the books, you will receive a separate email with instructions on how to log into the TG Publishing Digital Library to access your digital downloads.
Masterclass Orders
Orders for Masterclasses will receive an email with instructions on how to log into the TG Publishing Digital Library to access your digital course.
$99.00
$99.00
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$179.00
$379.00
The FTC Safeguards Rule moved into the “penalty phase on” June 9, 2023. Under the Rule tax preparers, and firms providing services of a financial nature to clients, must implement security plans to protect client data. Failure to do so may result in an FTC investigation including possible stiff penalties.
Combatting today’s cybercriminals takes knowledge, good technology, and training for staff, because data thefts at tax professionals’ offices are on the rise. The requirements are outlined in various publications, including IRS Publication 4557. Any professional who holds a PTIN falls under the Pub 4557 requirements.
The best way for firms to demonstrate compliance with both IRS Pub 4557 and the FTC Safeguards Rule is with a Written Information Security Plan (WISP).
In this 120-minute self-paced Master Class, participants receive expert-led instruction plus over 20 downloadable and editable templates, policies, and guidelines designed to help them quickly create and roll out their WISP.
Major Topics:
Learning Objectives:
Field of Study: Information Technology / Practice Management
Prerequisites: Basic knowledge of tax return preparation processes and cybersecurity issues
Level: Intermediate
Advanced Preparation: None
Print Version
Orders that include PRINT versions of the books should arrive within 10 days of shipment.
eBook Version
Orders that include EBOOK versions of the books, you will receive a separate email with instructions on how to log into the TG Publishing Digital Library to access your digital downloads.
Masterclass Orders
Orders for Masterclasses will receive an email with instructions on how to log into the TG Publishing Digital Library to access your digital course.
