The IRS has released an advance version of Rev. Rul. 2022-07 that updates whether Federal, State, and local government officers or employees (government employees) are subject to the disclosure restrictions of section 6103(a) of the Internal
Revenue Code (Code) with regard to returns or return information received as a result of disclosure.
To see Rev. Rul. 2022-07: Confidentiality and disclosure of returns and return information, click here.
Posted by Jessica Ji, Associate Editor, Wealth Strategies Journal.