What Is IRS 4812?
Understanding IRS Publication 4812 is not just about compliance; it’s about upholding a standard of trust and integrity crucial to the IRS’s operations and the taxpayers’ confidence. This relatively new standard addresses how contractors in the federal supply chain handle data specific to the Internal Revenue Service (IRS) and its mission of maintaining the privacy of citizens’ information.
This article will cover the basics of IRS 4812, including what it is and the bird’s-eye view of what it expects from contractors.