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| Return to Tax and Company News |
| Disclosure Penalty Guidance |
Post Date: 1/15/2010 |
| Last Updated: 1/15/2010 |
Summary |
| 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. |
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