03-22-2006, 09:25 AM
Quote: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.
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."...
full article: http://www.philly.com/mld/philly/14147002.htm
