Monday, August 20, 2007

Regulation

A tax return preparer is subject to a penalty for knowingly or recklessly disclosing corporate tax return information, if the disclosure is made

A. To enable a third party to solicit business from the taxpayer.
B. To enable the tax processor to electronically compute the taxpayer's liability.
C. For peer review.
D. Under an administrative order by a state agency that registers tax return preparers.

1 comment:

Ragin' Cajun said...

1. A.

A tax return preparer may not disclose or use tax return information without the taxpayer's consent except pursuant to a court or administrative order, in connection with the preparation of the tax return, or to be evaluated for quality or peer review. The preparer may not disclose tax return information to enable a third party to solicit business from the taxpayer.