The potential of an undesirable or unfavorable outcome resulting from a weakness or gap that has been exploited by threats due to a given action, activity and/or inaction.
Agencies or contractors (such as law firms) who receive Federal Tax Information (FTI) must ensure it is kept confidential. The IRS created Publication 1075 to outline the control requirements to ensure policies, procedures, controls, and safeguards adequately protect FTI.
The Mako Group has assisted organizations implement, and provided ongoing support of, IRS 1075 programs to align with this publication. Our experienced and dedicated staff apply a risk-based, top-down approach to create a listing of existing key controls and provide a roadmap for mitigating missing or inadequate controls. We will be your partner in complying with IRS 1075 requirements.