Wednesday, March 22, 2006

IRS plans to make your tax return public

Imagine having the option to fill out your tax return and post it on a 'tax site' similar to Monster.com, with all your information available for everyone to see. Your name, address, income, deductions. Basically, your entire net worth. Would you do that? Especially since it won't give you any sort of advantage. You won't get your refund any quicker. The IRS won't be any less likely to audit you.

Yes, I can see tens of thousands of people logging on to upload all their most private information.

But that's essentially what the IRS plans to do, whether you like it or not. They plan to allow tax preparers to sell your information to anyone who pays.

If you think you should have some say in who H&R Block sells your information to, send a letter (no emails) to:

CC:PA:LPD:PR (REG-137243-02)
Room 5203
Internal Revenue Service, Box 7604
Ben Franklin Station, Washington, D.C. 20044.

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