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"A comprehensive, collaborative elections resource."
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IRS plans to allow preparers to sell data
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| Parent(s) |
Issue
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| Contributor | RP |
| Last Edited | RP Mar 21, 2006 01:10pm |
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| Category | Rule Change |
| Media | Newspaper - Philadelphia Inquirer |
| News Date | Tuesday, March 21, 2006 07:00:00 PM UTC0:0 |
| Description | 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.
The change is raising alarm among consumer and privacy-rights advocates. It was included in a set of proposed rules that the Treasury Department and the IRS published in the Dec. 8 Federal Register, where the official notice labeled them "not a significant regulatory action."
The IRS first announced the proposal in a news release the day before the official notice was published, headlined: "IRS Issues Proposed Regulations to Safeguard Taxpayer Information."
"That's a disturbing trend among Washington officials lately," McConnell said. "They'll offer a modest consumer protection in one area in exchange for dramatic weakening of consumer protections in another area, and then try to convince the public that it's all in our interests." |
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