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However the IRS has strict limitations on what it can use those forms for, largely they cannot share that with generic prosecutions and can only use it for tax
by rtkwe 3y ago
However the IRS has strict limitations on what it can use those forms for, largely they cannot share that with generic prosecutions and can only use it for tax and tax prosecutions. Plus they're under a pretty strict obligation to not share that info like the article claims the SEC will do with the CAT.
- SoftTalker 3y agoTangental thought: But what is Intuit obligated to do with the information and how are they required to protect it, once you give them your 1099s?
- rtkwe 3y agoGiven the state of PII protection laws in the US I'd wager not much legally and they may be open to access by the police under the same old "abandoned" files precedents that give police so much access to your email and other files stored with third parties. That's all speculation though.