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Wednesday, March 22, 2006

IRS wants to sell your tax return info.

This is scary, they have no right to sell anyones tax return infomation for any reason, or purpose. What would be the point of this. If they did sell your information who is to say that only these two groups would get it?

Everyone needs to watch this, what are your thoughts on this?

In a move that threatens the privacy of federal income-tax returns, the Internal Revenue Service is proposing that accountants and other tax-return preparers can sell information from returns to marketers and data brokers.


The change in IRS policy was included in a set of proposed rules that the Treasury Department and the IRS published in the December 8 Federal Register.
IRS officials portray the changes as "housecleaning measures needed to update outmoded regulations adopted before it began accepting returns electronically," the Philadelphia Inquirer reports.


IRS rules currently prohibit tax preparers from selling returns to third parties for marketing purposes.

For more on this story go to, http://newsmax.com

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