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Wednesday, March 22, 2006

IRS plans to allow preparers to sell data

Critics said the proposed regulation could lead to a loss of privacy for clients. 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 more...


Critics say that this proposed regulation could lead to a loss of privacy. Really? Boy, this critics are awful smart. You mean to tell me that if a business sells your completed tax return to a marketing company your privacy may be at stake. I say lets lose the middle man and sell our personal info directly to marketing companies. That way we, instead of someone else, would at least get something for it.

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