Critics said the proposed regulation could lead to a loss of privacy for clients.
By Jeff Gelles
Inquirer Staff Writer
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.
Read the full Philadelphia Enquirer article
We've been sold out by our government, folks. Time for comments has passed. You are still required to give written consent so READ ALL DOCUMENTS VERY CAREFULLY before signing. You should be doing this anyway.
Given the track record of banks in keeping your private data safe, I doubt that not signing the agreement will be very effective.
This is a good example of how some lobbyists and some liberal and greedy senators and congressmen will sell you out.