MISMO Issues Draft Consent Language to Comply with New Tax Law
MISMO is releasing the drafted consent language now to provide an opportunity for the industry to comment on the model language. This is in response to the July 1, 2019 passage of the Taxpayer First Act, which contains a provision that the taxpayer must provide permission for their tax information to be shared. The comment period will remain open until Oct 23, 2019. MISMO expects that the finalized version will be ready ahead of the law's December 28, 2019 implementation .... read more here!