After concerns of handing Facebook taxpayer info, four companies found to have improperly shared data

Four tax preparation software companies failed to comply with government rules that require the sharing of tax-related info to be done only with specific disclosures and full tax-payer consent, according to an audit released by the Treasure Inspector General for Tax Administration (TIGTA) in the United States. “According to Treasury Regulation § 301.7216-3, tax return information may not be used or disclosed except as specifically permitted or when the taxpayer provides consent.” The Internal Revenue Service (IRS) partners with tax professionals and other entities that assist taxpayers in meeting their tax obligations.

Source: Malwarebytes Unpacked

 


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