What an absolute nonsense reply.
You skipped - entirely - the most important point. Where is the actual law or regulation dictating companies disclose this information?
All you did was repost the original text which includes these dubious lines:
"This is in compliance with the Office of Foreign Asset Control (OFAC) that falls within the Executive Branch of the U.S."
This sounds so silly. One does not comply with an Office. One complies with laws or regulations. That the OFAC (which is part of the Treasury) is part of the Executive Branch is irrelevant - the only reason to include this is to scare people who don't understand how government is organized.
"This is a check required by the U.S. Government to fight the funding of terrorism and money-laundering activities."
Again, you claim this is required by the government, but you don't cite the actual law or regulation, and specifically the regulation you claim requires disclosure of a persons social security number, birthday and physical address.
You ignore that no where on the OFAC website is there any article, citation or note about this. Googling it only returns Quickbooks claims. That makes it seem even more suspicious.
People should be wary of Quickbooks. Both Quickbooks and Intuit have suffered data breaches. Hacking Quickbooks is relatively easy and multiple websites show how it's done. Quickbook's cloud hosting company was hacked and held by ransomware. Quickbooks openly acknowledges selling payroll data to third parties.
So where is the regulation? Show us the exact regulation or law that mandates Quickbooks collect the SSN, birthdate and physical address of principal of every company it processes payroll for. Come on - let's see it.
