FTC warns tax preparers not to sell taxpayer data to Big Tech

Five tax preparation companies were warned of potential civil penalties if they use or share confidential consumer tax preparation data for unrelated matters, the Federal Trade Commission (FTC) said Monday. In a press release, the FTC warned H&R Block, Intuit, TaxAct, TaxSlayer, and The Lampo Group that they will be penalized if they use tax

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