The Internal Revenue Service has modified the mandatory language that tax preparers need to use when asking consent from their clients to use or disclose their tax information.
Revenue Procedure 2013-14 follows on the heels of finalized regulations for how tax preparers can use and disclose such information (see IRS Finalizes Rules on Use and Disclosure of Taxpayer Information). It applies to tax preparers whose clients file 1040 series returns, according to the Journal of Accountancy, and includes requirements for when clients use electronic signatures to consent to the use or disclosure of their tax information. The new revenue procedure modifies and supersedes earlier rules from 2008. Rev. Proc. 2013-14 modifies the mandatory language required on each taxpayer consent to disclose or consent to use tax return information and also explains the difference between tax return preparation services (or auxiliary services) and other financial or accounting services.
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