Practitioners Filing Power of Attorney Must Undergo Tax Check

Tax Notes reports that, according to Michael Chesman, director of IRS office of Professional Responsibility ("OPR"), effective in either January or Feburary 2009, tax practitioners who file a Form 2848, Power of Attorney, will automatically undergo a tax check to ensure that they have timely filed and paid their own personal taxes. See 2008 TNT 204-2 (Oct. 21, 2008).

Posted by Lewis J. Saret, General Editor, Wealth Strategies Journal.