Data Protection and IRS Compliance: Crafting an Effective WISP

Overview

While the nuclear family remains the center point of society, today it is under tremendous economic and social pressure. This course is designed to cover “hot” topics having a direct impact on the practitioner who represents any client with family issues. The emphasis is on using tax solutions to ease family economic concerns permitting the practitioner to be a real tax hero.

Highlights

• tax planning strategies
• SEC reporting updates
• automation for accountants
• IRS compliance guidelines
• financial disclosure requirements

Objectives

• Distinguish the specific IRS requirements that must be addressed within a WISP to ensure compliance
• Recognize the risks mitigated by having a WISP in place and how it impacts overall risk management strategy
• Recognize how to train employees for effective WISP compliance and encourage ongoing compliance
• Identify how implementing and maintaining a WISP affects internal controls and procedures and prevents costs of non — compliance

Notice

This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by CalCPA. The course expires one year from the purchase date. Format = Online Self-Study.