As you go through the electronic filing process for your clients, you will see information regarding the regulations under Internal Revenue Code Section 7216 Disclosure of Use of Tax Information by Preparers of Returns, which you are required to follow.

Per IRS Section 7216 Frequently Asked Questions:

A8 A taxpayer must provide written consent before a tax return preparer discloses the taxpayer’s tax return information. Additionally, a tax return preparer may not request a taxpayer’s consent to disclosure tax return information for purposes of solicitation of business unrelated to tax return preparation after the tax return preparer provides a completed tax return to the taxpayer for signature. The rules for obtaining consents to disclose tax return information are found in Treas. Reg. 301.7216-3 and Revenue Procedures 2013-14 and 2013-19.

To print the consent forms:

1. From within your TaxAct Professional Edition program, click Preparer in the upper menu bar, then click Print Consent Forms.
2. Click the Checkbox next to the client(s) you are ready to print the consent forms for (or click Select All), then click the Checkbox next to the bank/service you are using (or click Select All).
3. Click Print, and in the print dialog box, you can choose what printer to use and more options. Click Ok when you are ready to print.

Note that any link in the information above is updated each year automatically and will take you to the most recent version of the webpage or document at the time it is accessed.