The nature of tax practice presents a number of unique ethical issues. Tax practice requires compliance with multiple ethical frameworks. This creates ambiguities and raises complex questions. Courts ...

In 2005, the Internal Revenue Service finalized substantial revisions to Circular 230 governing the rules for practice before the IRS. The revisions were in response to what was believed by the IRS to ...

Treasury intends to update the Circular 230 rules governing practice before the IRS, and external stakeholder groups are invited to submit suggested changes and revisions to the IRS’s Office of ...

LAS VEGAS - Lawyers in the municipal bond market are wrestling with the issue of what, if anything, issuers should be disclosing in preliminary official statements for new bond issues about the ...

The National Association of State Treasurers adopted a resolution last week that urges the Treasury to exempt unqualified tax-exempt bond opinions from the scope of proposed changes to Circular 230 ...

Last month, the Department of the Treasury and the Internal Revenue Service (“IRS”) issued proposed regulations updating the rules for tax professionals who practice before the IRS. These rules, which ...

If you have clients who need (or plan to need) a business valuation for estate-planning purposes, don’t wait until the last minute. The already lengthy backlog could be getting even longer. In ...

(Bloomberg) To everyone but tax attorneys, the disclaimers referring to “Circular 230” that appear in the legends of most law firm e-mails are inscrutable as well as ubiquitous. The Internal Revenue ...