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What You Should Know About Tax And Truth In Advertising: What You Should Know
FTC Tips For Successful Online Advertising | Federal Trade Commission March 24, 2023 — The IRS has long required Americans to provide detailed proof if they are claiming a tax credit for contributions or free items to charity. However, the requirement has recently been relaxed to permit an increase IRS Expands Form 8802 Disclosure Requirements For Non-Federal Employees (NFS) | IRS Dec 23, 2023 — The Department of Labor is requiring all federal contractors to disclose to their employees the following: Advertising Disclosure Law for NFS — NAPE October 5, 2023 — All online retailers are required to register with the U.S. Digital Trade Association to ensure that they comply with the FTC's Choices program. Adopting the Government's Consumer Privacy Principles October 5, 2023 — The FTC and the IRS are adopting a privacy framework for providing consumer protection in the online marketplace. The new framework ensures that consumers are clearly able to access and make informed decisions about their digital dealings — and protects consumers' right to receive free from inaccurate information about privacy, security, and data collection. FTC Privacy Framework Adopted by the Federal Trade Commission and the Internal Revenue Service Oct 28, 2023 — The FTC today adopted a privacy framework for providing consumer protection in the online marketplace.
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