ACCOUNTING-John Jones, CPA, has been in business preparing tax returns for 20 years

Due 4/11/15

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?

Paper must be 2-3 pages

Include 2 sources beside the one included - Cite at least two peer-reviewed sources with in-text cites of where the information was used…If you tell me where it was used I will add the in-text citation

Reference

Schroeder, R. G., Clark, M. W., & Cathey, J. M. (2014). Financial accounting theory and

analysis: Text and cases. (11 ed.). Hoboken, NJ : John Wiley & Sons. Retrieved from http://www.coursesmart.com/9781118582794/firstsection

(Schroeder, Clark & Cathey, 2014)

The paper should be formatted according to the APA Requirements