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Taxation & Estate Planning

: TaxProf Blog

IRS Puts Confidential Taxpayer Information at Risk 10 Million Times Per Year in Verifying Income to Lenders for Loans

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The Treasury Inspector General for Tax Administration today released The Income Verification Express Services Program Needs Improvements to Better Protect Tax Return Information (2011-40-014): The IRS must ensure that sensitive taxpayer information is protected against improper disclosure when responding to requests from lenders. Taxpayers commonly request tax return transcripts to...

Full post as published by TaxProf Blog on March 30, 2011 (boomark / email).

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