This was back in late March, but for some reason, I missed it. I’m completely appalled by this.
The IRS is quietly moving to loosen the once-inviolable privacy of federal income-tax returns. If it succeeds, accountants and other tax-return preparer will be able to sell information from individual returns - or even entire returns - to marketers and data brokers.
Now, the preparer will supposedly have to get permission from the individual before sharing their data.
But imagine some person walking into H&R Block and getting a tax return done, and along with a huge pile of things to sign, there’s a notice that their information may be sold to third party marketers. While my trusty blog readers would balk, not all people read the fine print.
I guess my earlier voiced thoughts on perhaps moving to an anonymous tax system may need to be revisited. In an electronic world, your personal information is increasingly at risk.