Tax practice for CPAs is changing. Recent modifications to Circular 230, the U.S. Treasury Department regulations that govern practice before the Internal Revenue Service, have established several ...

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 ...

David A. Handler, partner in the Chicago office of Kirkland & Ellis LLP, reports that on Sept. 23, 2007, the Treasury Department issued proposed amendments to Circular 230 that essentially say, “Yes, ...

MIAMI, Jan. 21, 2025 /PRNewswire/ -- The IRS has proposed updates to Circular 230 regulations to enhance ethical standards, accountability, and professionalism among tax practitioners and appraisers.

The revised Circular 230 Rules of Practice Before the Internal Revenue Service are in full force starting June 20, 2005. The revised rules are a reaction to practitioner complicity in - or at least ...

While discussions about Circular 230 usually focus on the standards it imposes relating to tax returns and opinions, the breadth and scope of Circular 230 also affects day-to-day business operations ...

Bond lawyers are asking the Treasury Department for clarification about whether they can opt out of Circular 230 requirements that are scheduled to take effect June 20 for bond-related post-issuance ...

WASHINGTON - Uncertainty over the Treasury's Circular 230 proposal, which would subjecttax-exempt bond opinions to the same rules as tax shelter opinions, has sparked hugedebates among lawyers over ...

Circular 230, 1 the Internal Revenue Service's pronouncement regulating written tax advice, applies to all tax practitioners, including estate planners like me — much as I might wish it affected only ...

It's officially the busy season for tax professionals which means that the volume of correspondence, including emails and letters, is about to increase. This go-round, however, those emails and ...