WBWilson Tax Service treats your tax returns, as well as your personal and financial information received for the purpose of filing your tax returns with the utmost respect and confidentiality.
Tax returns and tax return information are confidential and may not be disclosed to federal or state agencies, or to federal or state employees, or to any third party, except as provided by law. Disclosure of tax return information to federal or state agencies or employees is governed by Internal Revenue Code Section 6103.
If WBWilson Tax Service, as your tax preparer, were to use information from a tax return for any purpose other than to prepare a tax return, or make an unauthorized disclosure of return information, we would be subject to a $250 penalty for each disclosure, up to a maximum penalty of $10,000. If the action is undertaken knowingly or recklessly, we would be subject to criminal penalties or a fine up to $1,000, or up to a year in jail, or both, together with the cost of prosecution as provided for by the Internal Revenue Code Sections 6713 and 7216.
Confidential tax return information includes: the taxpayer’s identity, the nature, source or amount of income, payments, receipts, deductions, net worth, tax liability, deficiencies, closing agreements, and information regarding actual or possible investigation of a return.
We collect nonpublic personal information about you that is provided to us by you or obtained by us with your authorization.
We retain your tax records so that we are better able to assist you and to comply with federal and state laws regarding retaining tax returns. In order to guard your nonpublic personal information we maintain physical, electronic and procedural safeguards.
We do not share any of your confidential tax return information with any third party A third party is any person or company other than you, the client. In essence, we cannot disclose your identity, income, net worth, tax liabilities, or other protected information to the Internal Revenue Service, state tax authorities, unmarried partners, friends, relatives, real estate agents, mortgage brokers, banks, or any other person or company without your explicit authorization. You may authorize us to disclose certain tax return information to third parties of your choice. Your permission must be obtained on IRS Form 8821 Tax Information Authorization.
Your support and trust are important to us. If you have any concerns or questions regarding the privacy of your nonpublic personal tax and/or financial information, please contact us.
William B. Wilson, CPA
WBWilson Tax Service
WBWilson Tax Service