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IRS Plans to Allow Preparers to Sell Data

From the Philadelphia Inquirer: IRS Plans to Allow Preparers to Sell Data

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."

The proposed rule is available via GPO Access.

Thanks to my colleague, Margaret Booth for the tip,