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IRS and Circular 230

Anne Fairpo, Rawlinson & Hunter, describes the latest attempts by the IRS to eliminate tax evasion and tax avoidance in the US

 
Anne Fairpo Rawlinson & Hunter describes the latest attempts by the IRS to eliminate tax evasion and tax avoidance in the US
 
With HMRC increasingly looking to the USA and the Internal Revenue Service (IRS) there for inspiration in its ongoing attempts to eliminate tax evasion and reduce tax avoidance the latest rules to affect US tax practitioners bear some examination.
 
The new Circular 230 Regulations which were issued by the US Treasury Department became effective on 21 June 2005. They set out rules that all tax practitioners including lawyers and certified public accountants must follow in providing written statements about certain...

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