On May 31, 2011 (Doc. 2011-11713), the IRS released its final rules regarding the minimum tax preparation standards. The IRS adopted a reasonable basis standard. The final rules also further specify who is subject to the Circular 230 ethical rules.
Hat Tip: Tax Analysts
Posted by Jessica Rebarber, Associate Editor, Wealth Strategies Journal
Hat Tip: Tax Analysts
Posted by Jessica Rebarber, Associate Editor, Wealth Strategies Journal

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