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Assignment Choice: Client Confidentiality

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." (Maples, 2009, p.68) according to IRS ruling, as issued under SEC. 7216.gob (also see T.D. 9608), are 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?

Required: Did John Jones violate client confidentiality? What is your opinion? Your well-written paper must be 2-3 pages, in addition to title and reference pages. The paper should be formatted according to the CSU-Global Guide to Writing and APA Requirements. Cite at least two peer-reviewed sources, in addition to the required reading for the module.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92554757

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