AK wrote:

- quote -

Thanks for posting the link. Just goes to show you how
newspapers get it wrong.

Note that preparers have since 1988 had the facility for
"selling" such information ONLY with client's consent of
course.

With the coming of electronic filing however certain privacy
issues have been raised, and this clarifies our relationship
with other electronic providers, e.g. software companies who
act as third party transmitters to IRS.

No where does this new proposed rule making suddenly allow
me to "sell" information I couldn't do before.

ChEAr$,
Harlan Lunsford, EA, ERO and ET in LA

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

IRS proposes to allow selling of personal tax returns

Internal Revenue Service has proposed new regulations that
would allow commercial tax preparers to share, and even
sell, confidential taxpayer information to third party
marketers and database brokers. Under the proposal,
commercial tax preparers would be able to sell and use tax
return information by obtaining the consumer's signature on
a consent form, which would be included in the enormous
stack of documents given to consumers for signature at the
end of the tax preparation process. There is a need for
stronger measures to ensure that consumers actually have a
chance to understand what they are giving up when they agree
to have their tax reports shared or sold to database
brokers.

http://www.irs.gov/pub/irs-regs/13724302.pdf

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >