An accountant who shared personal tax information would find themselves facing criminal charges. Will the largest tax preparation firms be held accountable? Since the Dems are reporting this and are not known for their special concern for individual rights, one must figure it suits their agenda to take these companies out. That is how the swamp works. So hang on, here we go:
Three large tax preparation firms sent “extraordinarily sensitive” information on tens of millions of taxpayers to Facebook parent company Meta over the course of at least two years, a group of congressional Democrats reported Wednesday.
Their report urges federal agencies to investigate and potentially go to court over the wealth of information that H&R Block, TaxAct and TaxSlayer shared with the social media giant.
In a letter to the heads of the IRS, the Department of Justice, the Federal Trade Commission and the IRS watchdog, seven lawmakers say their findings “reveal a shocking breach of taxpayer privacy by tax prep companies and by Big Tech firms.”
That data came to Meta through its Pixel code, which the tax firms installed on their websites to gather information on how to improve their own marketing campaigns.
The program collected information on taxpayers’ filing status, income, refund amounts, names of dependents, approximate federal tax owed, which buttons were clicked on the tax preparers’ websites and the names of text entry forms that the taxpayer navigated, the report states.
The letter to federal agencies was signed by Sens. Elizabeth Warren (D-Mass.), Ron Wyden (D-Ore.), Richard Blumenthal (D-Conn.), Tammy Duckworth (D-Ill.), Bernie Sanders (I-Vt.) and Sheldon Whitehouse (D-RI) and Rep. Katie Porter (D-Calif.).
If you puzzled over why the Dems had a knot in their knickers I have the silver lining to why the Dems have an interest in this matter. Not known for their detailed attention to individual freedoms, here is the clincher.
P.S. Thanks McCarthy, the funding for this “try-out” was in the infamous Inflation Reduction Act. This would have the government prepare you taxes and who knows what else.
The Democrats say their report serves as an argument for the creation of an electronic free-file system for submitting tax returns that would be run by the government, which the IRS is piloting.
The IRS plans to launch a pilot program for the 2024 filing season to test a “direct file” system and help the federal government decide whether to move forward with potentially implementing it in the future.
The very best in the swamp.