Disclosure Penalty Guidance
Post Date: 1/15/10 |
Last Updated: 1/15/10 |
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Under IRC §6713 and 7216, Income Tax Return Preparer Penalties may apply if the tax return
preparer discloses or uses information on a client’s tax return without the taxpayer’s consent.
The IRS recently provided guidance and examples of certain circumstances where
the tax return preparer does not need written consent from a client prior to using confidential
client information.