3 tax prep firms shared 'extraordinarily sensitive' data about taxpayers with Meta, lawmakers say
Some congressional Democrats say three large tax preparation firms sent “extraordinarily sensitive” information on tens of millions of taxpayers to Facebook parent company Meta over at least two years.
If you’re wondering who
Their report urges federal agencies to investigate and potentially go to court over the wealth of information that H&R Block, TaxAct and Tax Slayer shared with the social media giant.
Yikes. Side question- anyone know if GDPR protects against stuff like this?
We really need a way to protect our data in the US.
GDPR generally forbids sharing personalized data without your consent. I don’t know if the penalties are as severe as they are when failing to report a data breach though.
We really need a way to protect our data in the US.
Not sure if that was implied but the GDPR only applies to EU citizens. You’re right though, you ought to.
“If your organization collects, uses, or stores the personal data of people in the EU, then you must comply“
Holy shit why are these companies doing anything with Meta. This is super scary.
I don’t want anything to do with Meta, but now I can’t use pretty much any service without Meta getting my data anyway? I want off this ride.
That shit makes me so angry it’s crazy… Socialism for the corporations, “rugged individualism” for the citizens…
Republicans will scream and cry about socialism when we discuss healthcare, but gladly give corporations all the public money/wealth they could possibly want while also allowing them to charge us for the “product” they create…
Republicans will scream and cry about socialism when we discuss healthcare, but gladly give corporations all the public money/wealth they could possibly want while also allowing them to charge us for the “product” they create…
TBH, Democrats do that too. Those who don't get canned by the DNC at election time.
The IRS already has all the relevant tax info for 99% of people. With only a few tiny changes in practice (like opening portals for applying for certain tax credits e.g., IRA incentives), we could get rid of tax prep software almost entirely and replace it with a simple bill. And for most people, the stuff they don't automatically know about increases your tax burden instead of decreasing it. If you aren't wealthy, they have zero incentive to chase you down on this kind of minor stuff like grey-market income, so diligently using tax prep software can really only increase the amount you owe. But we're forced to do so.
Having prefilled tax returns / billed taxes would likely lead to less cost and overhead within the IRS. It would nearly entirely fix the vast amount of unclaimed annual refunds that exist, which represents real money taken out of the pockets almost exclusively of the working class. Very wealthy people and folks who have extremely complex tax liabilities would still likely need professional preparation... but odds are they needed it anyway. And anyone could still have the option to contest/manually file if the new system were set up well.
The tax prep lobby (H&R Block, Intuit, et al) are powerful, but their power has flagged significantly in the last few years. It may finally be a time where we can push for a better way. The IRS getting ready to offer its own tax prep software is a fabulous first step.
Tax data is tightly regulated, with penalties for improper sharing including fines and jail time. The report found the companies involved likely didn’t receive proper consent to share the data and could face criminal penalties.
Jail time for the heads of Meta/Facebook, Google, H&R Block, TaxAct, and TaxSlayer?! No chance. All corporates involved will, at most, get a 'tsk,tsk' and a fine they'll earn back in an hour.
Pretty sure you don’t need the extension anymore. All cookies are now isolated on a per website basis…
Facebook Container isolates your Facebook activity from the rest of your web activity in order to prevent Facebook from tracking you outside of the Facebook website via third party cookies. - GitHu...
Me too tbh. I used to use the extension but removed it assuming it was no longer required.
I found this issue on the repo which seems to suggest there’s still a benefit to using both…
This is a part of a larger issue, obviously, but this specific part of the problem could easily be resolved with tax reform. The IRS knows exactly how much you owe them so why do you have to pay a 3rd party to prepare it for you? Apparently in other countries the government tells you how much you owe and you just let them know if you disagree with that amount for some reason.
But that type of tax reform won't happen because these companies dump massive amounts of $$$ into lobbying.
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