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Wednesday, March 22, 2006

 

IRS plans to allow preparers to sell data

Critics said the proposed regulation could lead to a loss of privacy for clients.

The IRS is quietly moving to loosen the once-inviolable privacy of federal income-tax returns. If it succeeds, accountants and other tax-return preparers will be able to sell information from individual returns - or even entire returns - to marketers and data brokers.
Full Article by Jeff Gelles

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