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.Full Article by Jeff Gelles
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.