The Internal Revenue Service has expanded the time window to 120 days during which it may share a taxpayer’s tax return information with third parties, based upon a taxpayer’s written disclosure authorization.

The newly expanded time window is retroactive to Oct. 19, 2009. The old time window had been 60 days, but the IRS said it made the change because some institutions charged with assisting taxpayers in their financial dealings have encountered difficulty in obtaining written disclosure authorizations and submitting them to the IRS within the 60 days allowed by the existing regulation.

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