Question
John Jones, CPA, has been in business preparing tax returns for 20 years. on January 2, 2013, without consent of his clients, Mr. Jones compiled
John Jones, CPA, has been in business preparing tax returns for 20 years. on January 2, 2013, without consent of his clients, Mr. Jones “compiled a list of specific taxpayer information which could be used to contact taxpayers on the list to provide tax information and general business or economic information or analysis for educational purposes.” according to IRS ruling, as issued under sec. 7216. Gob is the actions of Jones considered a violation in the disclosure of client confidentiality? If so, could his actions result in Mr. Jones being charged with a criminal misdemeanor involving a maximum penalty of $1000 or one year in prison, or both, plus cost of prosecution?
Did john Jones violate client confidentiality?
What is your opinion?
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Jones definitely violated client confidentiality based on the information provided in the preamble case According to SEC 7216gob preparer of tax returns are prohibited from knowingly or recklessly dis...Get Instant Access to Expert-Tailored Solutions
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Managerial Accounting Tools for business decision making
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978-0470477144, 1118096894, 9781118214657, 470477148, 111821465X, 978-1118096895
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