tax return preparer, lender, or other affiliated lender by— (1) requesting the Federal Government to deposit such tax refund, in whole or in part, directly into a depository account designated by either the consumer or the tax return preparer, lender, or other affiliated lender, or (2) directly paying the fee or interest to the tax return preparer, lender, or other affiliated lender. . (b) Failure To disclose Part I of subchapter B of chapter 68 of such Code is amended by adding at the end the following: 6720D. Failure to meet disclosure requirements for tax return preparers (a) General rule If a tax return preparer fails to meet the requirements of section 7813, the Secretary may impose a penalty of up to $1,000 per each such failure. (b) Penalty in addition to other penalties The penalty imposed by this section shall be in addition to any other penalty imposed by law. . (c) Clerical amendments (1) The table of sections for subchapter B of chapter 68 of such Code is amended by inserting after the item related to section 6720C the following new item: Sec. 6720D. Failure to meet disclosure requirements for tax return preparers. . (2) The table of sections for subchapter A of chapter 80 of such Code is amended by inserting after the item related to section 7812 the following new item: Sec. 7813. Disclosure requirements for tax return preparers. . (d) Effective date The amendments made by this section shall apply with respect to returns filed after December 31, 2023.