The regulations and related revenue rulings under section 7216 enable tax return preparers to more effectively provide a range of services that taxpayers would ordinarily expect from tax return preparers.

Section 7216 prohibits tax return preparers, including those who also offer services and education related to the Affordable Care Act, from knowingly or recklessly disclosing or using tax return information for unauthorized purposes.

2024年1月1日 · What is Sec. 7216? Sec. 7216 was enacted to protect the privacy of taxpayers’ tax return information. A criminal provision, it prohibits tax return preparers from “knowingly or recklessly” disclosing or using tax return information and …

2023年8月24日 · What is a 7216 consent form? A 7216 consent form is a document that allows a tax preparer to use or disclose a client’s tax return information for purposes other than preparing their tax return. For example, a tax preparer may use a client’s information to offer them additional services, such as financial planning, bookkeeping, or audit protection.

2025年2月26日 · Understand IRS Form 7216, its compliance requirements, and how it impacts tax professionals handling taxpayer information and disclosure practices.

Protecting taxpayer information is critical to maintaining the strong integrity and success of the VITA/TCE programs. Final Treasury Regulations under IRC 7216, Disclosure or Use of Tax Information by Preparers of Returns, became effective December 28, 2012.

(1) discloses any information furnished to him for, or in connection with, the preparation of any such return, or. (2) uses any such information for any purpose other than to prepare, or assist in preparing, any such return,

2024年1月1日 · (1) discloses any information furnished to him for, or in connection with, the preparation of any such return, or. (2) uses any such information for any purpose other than to prepare, or assist in preparing, any such return,

2023 U.S. Code Title 26 - Internal Revenue Code Subtitle F - Procedure and Administration Chapter 75 - Crimes, Other Offenses, and Forfeitures Subchapter A - Crimes Part I - General Provisions Sec. 7216 - Disclosure or use of information by preparers of returns

2025年1月17日 · USC 7216 is a component of the tax code that governs how tax preparers handle taxpayer information. It emphasizes confidentiality and integrity in managing sensitive financial data, a critical issue amid growing cyber threats and privacy breaches.