TreatiseTreatise

The Circular 230 Deskbook: Related Penalties, Reportable Transactions, Working Forms

 by Jonathan G. Blattmachr, Mitchell M Gans
 
 Copyright: 2006-2017
 Last Updated: September 2017

 Product Details >> 

Product Details

  • ISBN Number: 9781402424915
  • Page Count: 871
  • Number of Volumes: 1
  •  

”Now there is a new book that all tax practitioners should consider adding to their collections: The Circular 230 Deskbook. The book overviews and highlights the do’s and don’ts of tax practice and the consequences to tax practitioners who fall short of the prescribed professional benchmarks.”

 —The Journal of the American Taxation Association

”[The Circular 230 Deskbook is] a masterful analysis and an important guide to the Internal Revenue Service’s labyrinthine rules and regulations governing tax penalties, reportable transactions, and the conduct of attorneys, accountants, and others who ’practice’ before the IRS … The Circular 230 Deskbook provides a comprehensive, complete, and analytical examination of the topic.”

 —Bridget J. Crawford, Associate Professor of Law, Pace University

The Circular 230 Deskbook helps tax practitioners comply with complex Circular 230 amendments more easily — and avoid costly penalties and sanctions.

The Circular 230 Deskbook shows you how to:

  • meet mandated duties applicable to six types of covered opinions
  • comply with critical requirements for written tax advice
  • carry out prescribed duties when advising in preparation of tax returns
  • satisfy reporting/list maintenance rules for six types of reportable transactions, and
  • qualify for ”safe harbors” that free you from burdensome Circular standards, exploit proven defenses against the Code’s § 6662 penalties, and avoid common errors that can trigger these § 6662 penalties.

The Deskbook brings you laminated, quick-reference compliance tools, including a:

  • Circular 230 written tax advice decision tree
  • Circular 230 compliance chart for covered opinions highlighting exceptions and special rules
  • Circular 230 compliance flow chart detailing affirmative duties and prohibited activities
  • Covered opinions compliance checklist, and
  • A reportable transactions compliance flow chart.

The Circular 230 Deskbook is an essential compliance tool for every tax professional who practices before the IRS.


  Table of Contents
  Foreword
Chapter 1: Deference: When the Court Must Yield to the Government’s Interpretation
  • § 1:1 : Introduction1-1
    • § 1:1.1 : Legislative Regulations1-2
  • § 1:2 : Chevron Deference1-3
  • § 1:3 : Skidmore Deference1-17
    • § 1:3.1 : Revenue Rulings1-20
    • § 1:3.2 : Interpretive Regulations and Mayo1-25
  • § 1:4 : Auer Deference1-30
Chapter 2: Selected Penalties; and Appendix 2A
  • § 2:1 : Introduction2-1
    • § 2:1.1 : Section 6662 Penalties2-2
  • § 2:2 : Negligence and Disregard of Rules or Regulations2-3
    • § 2:2.1 : Negligence2-3
    • § 2:2.2 : Disregard2-7
  • § 2:3 : Defenses to Penalties2-8
    • § 2:3.1 : Defenses Under Section 66622-8
      • [A] : Reasonable Basis2-8
      • [B] : Substantial Authority2-9
      • [C] : Adequate Disclosure2-11
    • § 2:3.2 : Reasonable Cause and Good-Faith Exception2-13
      • [A] : Reliance on an Opinion of Counsel or Other Tax or Investment Professional2-15
      • [B] : Tax Shelters and More-Likely-Than-Not2-19
    • § 2:3.3 : Realistic-Possibility Standard2-22
  • § 2:4 : Substantial Valuation Misstatement2-23
  • § 2:5 : New Section 6662A Penalties2-24
  • § 2:6 : New Section 6707A Penalties2-26
    • : Example 12-27
    • : Example 22-27
  • § 2:7 : New Section 6695A Penalties2-28
  • § 2:8 : Application of Section 6664 to Significant Purpose Arrangement2-30
  • § 2:9 : Failure to File Return on Time2-32
  • § 2:10 : Failure to Pay on Time2-32
  • Appendix 2A : Criteria for Imposition of and Defenses Against PenaltiesApp. 2A-1
Chapter 3: Reporting and List Maintenance Requirements
  • § 3:1 : General Reporting Requirements3-4
  • § 3:2 : Final Treasury Regulations Concerning Reportable Transactions3-4
    • § 3:2.1 : Federal Income Tax Reporting Requirements3-5
      • [A] : Types of Reportable Transactions3-6
        • [A][1] : Listed Transactions: Treas. Reg. § 1.6011-4(b)(2)3-6
        • [A][2] : Confidential Transactions: Treas. Reg. § 1.6011-4(b)(3)3-13
          • [A][2][a] : General Definition3-13
          • [A][2][b] : Minimum Fee3-13
          • [A][2][c] : Application Limited to Transactions with Federal Income Tax Benefits3-15
          • [A][2][d] : Comparison of Definitions Under Treas. Reg. § 1.6011-4(b)(3) and Circular 2303-16
        • [A][3] : Transactions with Contractual Protection: Treas. Reg. § 1.6011-4(b)(4)3-17
          • [A][3][a] : General Definition3-17
          • [A][3][b] : Exceptions3-18
          • [A][3][c] : Application Limited to Transactions with Federal Income Tax Benefits3-20
          • [A][3][d] : Comparison of Definitions Under Treas. Reg. § 1.6011-4(b)(4) and Circular 2303-21
        • [A][4] : Loss Transactions: Treas. Reg. § 1.6011-4(b)(5)3-22
        • [A][5] : Transactions with a Significant Book-Tax Difference3-28
        • [A][6] : Transactions of Interest: Treas. Reg. § 1.6011-4(b)(6)3-34
          • [A][6][a] : Definition of Transactions of Interest3-34
          • [A][6][b] : Impetus for Creation of New Category of Reportable Transactions3-34
          • [A][6][c] : Special Filing Rules for Participants in a Transaction of Interest3-34
          • [A][6][d] : Effective Date3-35
          • [A][6][e] : Transactions of Interest3-35
          • [A][6][f] : Exceptions3-38
      • [B] : Shareholders of Foreign Corporations: Treas. Reg. § 1.6011-4(c)(3)(i)(G)3-39
      • [C] : Form and Content of Disclosure Statement3-40
        • [C][1] : Form 88863-40
        • [C][2] : Schedule M-33-42
        • [C][3] : Listed Transactions3-45
        • [C][4] : Loss Transactions3-45
      • [D] : Rulings and Protective Disclosures3-46
        • [D][1] : Rulings3-46
        • [D][2] : Protective Disclosures3-47
      • [E] : Retention of Documents3-48
      • [F] : Effective Dates3-48
    • § 3:2.2 : Federal Estate Tax Reporting Requirements3-49
      • [A] : Generation-Skipping Transfers3-49
    • § 3:2.3 : Federal Gift Tax Reporting Requirements3-49
    • § 3:2.4 : Federal Employment Tax Reporting Requirements3-49
    • § 3:2.5 : Federal Foundation and Similar Excise Taxes3-49
    • § 3:2.6 : Federal Pension Excise Taxes3-50
    • § 3:2.7 : Public Charity Excise Tax3-50
  • § 3:3 : No Suspension of Interest or Penalty Under I.R.C. § 6404(g) with Respect to Certain Reportable Transactions and Listed Transactions3-50
  • § 3:4 : Extended Period of Limitations on Assessment Under I.R.C. § 6501 with Respect to Undisclosed Listed Transactions3-51
  • § 3:5 : Penalty for Failure to Include Reportable Transaction Information with Return: I.R.C. § 6707A3-54
  • § 3:6 : Imposition of Accuracy-Related Penalty on Understatements with Respect to Reportable Transactions: I.R.C. § 6662A3-58
    • § 3:6.1 : Imposition of Penalty3-58
      • [A] : Reasonable Cause Exception3-59
      • [B] : Disqualified Tax Advisor3-60
        • [B][1] : General Definition3-60
        • [B][2] : Disqualifying Financial Interest3-61
      • [C] : Disqualified Opinion3-61
    • § 3:6.2 : Reportable Transaction Understatement3-62
    • § 3:6.3 : Higher Penalty for Nondisclosed Listed and Other Avoidance Transactions3-62
    • § 3:6.4 : Special Rules3-63
      • [A] : Coordination with Penalties on Other Understatements3-63
      • [B] : Coordination with Other Penalties3-63
        • [B][1] : Application of Fraud Penalty3-63
        • [B][2] : No Double Penalty3-63
      • [C] : Special Rule for Amended Returns3-63
  • § 3:7 : Disclosure of Reportable Transactions by Material Advisors: General Requirements Under I.R.C. § 61113-64
    • § 3:7.1 : Definition of Material Advisor3-64
      • [A] : General Definition3-64
      • [B] : Threshold Amounts3-64
      • [C] : Tax Statement3-66
        • [C][1] : General Definition of Tax Statement3-66
        • [C][2] : Exception for Statement Made by Employees3-67
        • [C][3] : Exception for Post-Filing Advice3-67
        • [C][4] : Exception for Publicly Filed Statements3-67
        • [C][5] : Date a Person Becomes a Material Advisor3-68
    • § 3:7.2 : Form and Content of Material Advisor’s Disclosure Statement3-68
    • § 3:7.3 : Reportable Transaction Number3-69
    • § 3:7.4 : Designation Agreements3-70
    • § 3:7.5 : Protective Disclosures3-70
    • § 3:7.6 : Rulings3-70
    • § 3:7.7 : Effective Dates3-71
  • § 3:8 : Penalty for Failure to Furnish Information Regarding Reportable Transactions: I.R.C. § 67073-71
  • § 3:9 : I.R.C. § 6112—Material Advisors of Reportable Transactions Must Keep Lists of Advisees3-73
    • § 3:9.1 : Preparation and Maintenance of Lists3-74
      • [A] : General Rule3-74
      • [B] : Persons Required to Be Included on Lists3-74
      • [C] : Information Required to Be Included in Lists3-75
      • [D] : List Retention3-77
      • [E] : Furnishing the List3-78
        • [E][1] : General Rule3-78
        • [E][2] : Claims of Privilege3-78
        • [E][3] : Penalty for Failure to Furnish List to Secretary Within Twenty Days of Written Request3-79
      • [F] : Designation Agreements3-79
      • [G] : Effective Dates3-80
  • § 3:10 : Provisions Targeting Transactions Involving Tax-Exempt Entities3-80
    • § 3:10.1 : Tax Involvement of Accommodation Parties in Prohibited Tax Shelter Transactions3-80
      • [A] : Excise Taxes Target Prohibited Tax Shelter Transactions with Tax-Exempt Entities—I.R.C. § 49653-81
      • [B] : Disclosure Requirements of Tax-Exempt Entities Participating in Prohibited Tax Shelter Transactions—I.R.C. § 60333-83
      • [C] : Disclosure of Reportable Transaction by Other Parties to Tax-Exempt Entity—I.R.C. § 6011(g)3-83
    • § 3:10.2 : Returns Relating to Applicable Insurance Contracts in Which Certain Exempt Organizations Hold Interests—I.R.C. § 6050V3-84
    • § 3:10.3 : Penalty for Failure to File Correct Information Returns—I.R.C. § 67213-86
Chapter 4: Circular 230
  • § 4:1 : Introduction4-7
  • § 4:2 : Authority to Issue the Circular4-8
  • § 4:3 : Overview of the Circular4-8
  • § 4:4 : Construction of the Circular4-9
  • § 4:5 : Meaning of “Practice Before the IRS”4-9
  • § 4:6 : Meaning of “Practitioner”4-11
    • § 4:6.1 : Introduction4-11
    • § 4:6.2 : Definition of “Practitioner”4-11
      • [A] : Certain Attorneys4-12
      • [B] : Certain Certified Public Accountants4-13
      • [C] : Meaning of “Filing . . . a Written Declaration”4-13
      • [D] : Enrolled Agent4-16
        • [D][1] : Application for Enrollment As an Enrolled Agent4-17
        • [D][2] : Renewal of Enrollment As an Enrolled Agent4-19
        • [D][3] : Continuing Professional Education4-20
        • [D][4] : Qualifying Continuing Professional Education4-20
          • [D][4][a] : Types of Qualifying Continuing Professional Education4-22
          • [D][4][b] : Renewal by Reexamination4-23
          • [D][4][c] : Waiver of Continuing Professional Education4-23
          • [D][4][d] : Failure to Renew4-23
        • [D][5] : Enrolled Actuary4-24
        • [D][6] : Registered Tax Return Preparers and PTINs: 2011 Amendment4-24
        • [D][7] : Regulation of Registered Preparers Under Circular Invalid4-30
        • [D][8] : IRS’s Voluntary Approach in Response to Its Defeat in Loving4-31
      • [E] : Representation of Oneself; Participation in Rulemaking; Special Appearances; Return Preparation4-33
        • [E][1] : Representation of Oneself4-34
        • [E][2] : Representation of an Immediate Family Member4-34
        • [E][3] : Representation of an Individual Employer4-34
        • [E][4] : Representation of a Partnership4-35
        • [E][5] : Representation of a Corporation and Similar Organized Groups4-35
        • [E][6] : Representation of a Trust, Etc.4-36
        • [E][7] : Representation of Governmental Entities4-38
        • [E][8] : Representation of Entities by Practitioners4-39
        • [E][9] : Representation of a Person Outside the United States4-39
  • § 4:7 : Duties and Restrictions on Practice Before the IRS4-39
    • § 4:7.1 : Information to Be Supplied to the IRS4-39
      • [A] : Practitioner Responsibility4-39
    • § 4:7.2 : Duty to Advise Taxpayer of Non-Compliance, Error or Omission4-48
    • § 4:7.3 : Duty of Due Diligence in Return Preparation and Other Representations4-50
      • [A] : Conditioning Statements4-53
      • [B] : Reliance on Others4-54
    • § 4:7.4 : Duty to Dispose Promptly of Pending Matters4-56
    • § 4:7.5 : Duty to Avoid Working with a Suspended or Disbarred Practitioner4-58
    • § 4:7.6 : Practice Before the IRS by Certain Former Government Employees, Their Partners, Associates and Others4-60
      • [A] : Proof of Isolation4-66
  • § 4:8 : Restrictions on Practitioner Certification of Certain Documents and Information4-66
  • § 4:9 : Fees4-67
    • § 4:9.1 : General Rule4-67
    • § 4:9.2 : Contingent Fees4-68
    • § 4:9.3 : Contingent Fees Under Section 10.27 As Amended by Notice 2008-434-70
    • § 4:9.4 : Contingent Fees Under Proposed Regulations4-71
  • § 4:10 : Practitioner Conflict of Interests4-72
    • § 4:10.1 : Introduction4-72
    • § 4:10.2 : Overview4-73
    • § 4:10.3 : CPA Conflict of Interest Rules4-74
  • § 4:11 : Solicitation of Work by Practitioners4-74
    • § 4:11.1 : Advertising and Solicitation Restrictions Imposed by the Circular4-74
    • § 4:11.2 : Limitations of Uninvited Solicitations by Practitioners4-75
    • § 4:11.3 : Fee Information in Solicitations and Advertisements4-75
    • § 4:11.4 : Limit on Changing Fees4-76
    • § 4:11.5 : Permitted Fee Dissemination Information by Practitioners4-77
    • § 4:11.6 : Unwanted Solicitation4-77
    • § 4:11.7 : Records of Advertisements4-77
    • § 4:11.8 : Ban of Accepting Assistance That Would Be Improper If Done by Practitioner4-78
    • § 4:11.9 : Registered Tax Return Preparers4-79
  • § 4:12 : Negotiation of Taxpayer Checks4-79
  • § 4:13 : Section 10.344-80
    • § 4:13.1 : Realistic-Possibility Standard4-85
    • § 4:13.2 : Reasonably Likely Penalties4-90
    • § 4:13.3 : Information Supplied by the Client4-91
    • § 4:13.4 : 2007 Amendment to Section 10.344-94
    • § 4:13.5 : 2011 Amendment to Section 10.344-95
    • § 4:13.6 : I.R.C. Section 66944-99
      • [A] : Introduction4-99
      • [B] : Act Changes4-101
      • [C] : Expansion of Those Treated As Return Preparers4-103
      • [D] : New Penalty for Erroneous Claims for Refund4-103
      • [E] : Notice 2007-54 “Suspended” the Act Changes for 20074-105
      • [F] : Notice 2008-134-106
        • [F][1] : Reasonable Basis Exceptions4-106
        • [F][2] : Inconsistency Between the Code and the Notice4-109
        • [F][3] : Reasonable Basis Exception for Advisers4-112
      • [G] : Some Lessons from the Examples4-112
      • [H] : Treatment of Tax Shelters4-114
      • [I] : Guidance on Identifying Preparers4-116
      • [J] : Returns Covered and Not Covered4-116
      • [K] : Written Advice to Taxpayers About the Penalty Standards4-117
      • [L] : Summary and Conclusions4-119
    • § 4:13.7 : Proposed Regulations Under I.R.C. Section 66944-120
      • [A] : Introduction4-120
      • [B] : Different Preparers Can Be Responsible for Different Positions on the Return4-121
      • [C] : Different Treatment for Preparers of Non-–Income Tax Returns4-124
      • [D] : Tax Shelters4-126
      • [E] : Penalty Advice: No Boilerplate4-127
      • [F] : Critical Example Revisited4-127
      • [G] : The Weight of Authority and the More-Likely-Than-Not Standard4-129
      • [H] : Conclusion: Avoiding Preparer Penalties4-130
    • § 4:13.8 : 2008 Legislation and Final Regulations Under I.R.C. Section 66944-131
      • [A] : 2008 Amendment to I.R.C. Section 66944-131
      • [B] : 2008 Act and Its Substantial-Authority Provision4-132
      • [C] : Interim Guidance Under the 2008 Act4-133
      • [D] : Final Regulations4-135
        • [D][1] : One Position per Preparer4-135
        • [D][2] : Pre-Transaction Advice4-137
        • [D][3] : Disclosure4-137
        • [D][4] : Reliance on Others4-140
        • [D][5] : Appraisers Are Subject to I.R.C. Section 66944-141
        • [D][6] : Preparer’s Sophistication As a Relevant Factor4-141
        • [D][7] : Disregard of Regulations, Revenue Rulings or Notices4-142
        • [D][8] : Burden of Proof4-143
        • [D][9] : Amended Returns4-144
    • § 4:13.9 : Proposed Amendment to Sections 10.34(a) and 10.34(e)4-144
    • § 4:13.10 : Service’s Procedures in Estate and Gift Tax Context with Respect to Section 66944-145
  • § 4:14 : Section 10.374-147
    • § 4:14.1 : 2014 Amendment4-152
    • § 4:14.2 : Validity of Section 10.374-157
    • § 4:14.3 : Section 10.37’s Heightened Duties4-159
    • § 4:14.4 : Unreasonable Legal Assumptions4-160
    • § 4:14.5 : Unreasonable Factual Assumptions4-165
    • § 4:14.6 : Type of Engagement4-165
  • § 4:15 : Section 10.354-166
    • § 4:15.1 : 2014 Amendment4-166
    • § 4:15.2 : What Is a Covered Opinion?4-168
    • § 4:15.3 : Listed-Transaction Category4-169
    • § 4:15.4 : Principal-Purpose Category4-169
    • § 4:15.5 : Safe Harbor4-171
    • § 4:15.6 : Significant-Purpose Category4-178
      • [A] : Reliance Opinions4-178
        • [A][1] : Confidence Lower Than More-Likely-Than-Not4-181
        • [A][2] : Statement That Advice Cannot Be Used for Penalty Protection4-182
      • [B] : Marketed Opinions4-183
      • [C] : Conditions of Confidentiality4-187
      • [D] : Contractual Protection4-187
    • § 4:15.7 : Excluded Advice4-188
      • [A] : Exclusion for Preliminary Advice4-188
      • [B] : Exclusion for Pension, Bond and SEC Document Advice4-189
      • [C] : Written Advice After the Return Is Filed4-189
      • [D] : Written Advice Provided by Taxpayer’s In-House Counsel4-190
      • [E] : Negative Written Advice4-190
    • § 4:15.8 : Summary4-191
    • § 4:15.9 : Section 10.35’s Requirements4-191
      • [A] : Factual Matters4-192
      • [B] : Relating the Law to the Facts4-193
      • [C] : Evaluation of the Significant Federal Tax Issues4-195
      • [D] : Overall Conclusion4-196
      • [E] : Competency to Render the Opinion4-197
        • [E][1] : Practitioner’s Competence and Reliance on Other Practitioners4-197
        • [E][2] : Limited Scope Opinions4-197
      • [F] : Required Disclosure on Promoter Relationship4-198
      • [G] : A Few Points About Form of Covered Opinions4-198
  • § 4:16 : Section 10.334-199
  • § 4:17 : Section 10.36: Supervisory Responsibility Regarding Section 10.354-200
    • § 4:17.1 : 2014 Amendment4-201
    • § 4:17.2 : Statutory and Constitutional Questions As to the Validity of Section 10.354-202
  • § 4:18 : Sanctions and Penalties for Failure to Comply with the Circular4-208
    • § 4:18.1 : Meaning of “Incompetence and Disreputable Conduct”4-209
      • [A] : Conviction of Criminal Violation of Revenue or Certain Other Laws4-216
      • [B] : Conviction of Crime Involving Dishonesty or Breach of Trust4-217
      • [C] : Conviction of a Felony Rendering the Practitioner Unfit to Practice Before the IRS4-217
      • [D] : Providing False or Misleading Information to the Treasury or Tribunal4-218
      • [E] : Soliciting Employment in Violation of the Circular4-219
      • [F] : Willful Failure to File Return, Pay Tax and Related Offenses4-220
      • [G] : Misappropriation of Client’s Tax Funds4-222
      • [H] : Bribes to and Threats Against an IRS Employee4-223
      • [I] : Disbarment or Suspension from Practice As an Attorney or CPA4-226
      • [J] : Knowingly Aiding and Abetting a Suspended or Disbarred Person4-226
      • [K] : Engaging in Contemptuous Conduct While Practicing Before the IRS4-227
      • [L] : Knowingly, Recklessly, or Through Gross Incompetence Giving a False Opinion4-229
      • [M] : 2011 Amendment to Section 10.514-230
    • § 4:18.2 : Violations of the Regulations for Which a Practitioner May Be Censured, Suspended or Disbarred from Practice Before the IRS4-231
      • [A] : In General4-231
      • [B] : American Jobs Creation Act of 2004 Provisions4-232
      • [C] : Provisions with Respect to Appraisers4-233
      • [D] : Meaning of “Censure”4-234
      • [E] : Meaning of “Suspension”4-234
      • [F] : Meaning of “Disbarment”4-234
      • [G] : Meaning and Importance of “Willful”4-234
      • [H] : Meaning of “Reckless”4-235
      • [I] : Meaning of “Gross Incompetence”4-236
    • § 4:18.3 : Violations Requiring Only a Reckless or Gross Incompetence Element4-236
    • § 4:18.4 : Providing Information About Practitioner Violations4-236
      • [A] : Information to Be Provided by IRS Personnel4-237
      • [B] : Information by Others4-237
  • § 4:19 : Subpart D of Circular 230 Provides Rules Applicable to Disciplinary Proceedings Against Practitioners and Appraisers4-237
    • § 4:19.1 : Overview4-237
    • § 4:19.2 : Institution of a Proceeding Against a Practitioner4-238
    • § 4:19.3 : Institution of a Proceeding Against an Appraiser4-239
    • § 4:19.4 : Internal Revenue Code Provisions with Respect to Appraisers4-239
    • § 4:19.5 : Required Opportunity to Dispute an Alleged Violation4-240
    • § 4:19.6 : Conferences Relating to Alleged Misconduct4-241
    • § 4:19.7 : Resignation or Voluntary Censure, Suspension or Disbarment4-242
    • § 4:19.8 : Voluntary Disqualification by an Appraiser4-242
    • § 4:19.9 : Requirements of the Complaint Against the Practitioner4-243
      • [A] : Clear and Concise Description That Fairly Informs the Practitioner of the Charges4-243
      • [B] : Specification of Sanction Sought by the IRS4-243
      • [C] : Demand for Answer4-243
      • [D] : Service of the Complaint and Filing of Papers4-244
      • [E] : Answer and Potential of Default4-247
      • [F] : Supplemental Charges4-249
      • [G] : Reply to Answer4-249
      • [H] : Proof and Related Matters4-249
      • [I] : Motions4-250
      • [J] : Response4-250
      • [K] : Oral Motions and Argument4-250
    • § 4:19.10 : Representation of the Director and the Respondent4-250
      • [A] : Ex Parte Communications4-251
    • § 4:19.11 : Administrative Law Judge4-251
    • § 4:19.12 : Hearings4-252
      • [A] : Hearings Must Be Conducted in Accordance with the Federal Administrative Procedure Act4-252
      • [B] : Other Hearing Requirements4-254
      • [C] : Making Proceedings Public4-254
      • [D] : Location of Hearing4-255
      • [E] : Default Judgment for Failure to Appear at Hearing4-255
      • [F] : Special Procedure Hearing Called Under Section 10.82(g)4-255
    • § 4:19.13 : Evidence4-255
    • § 4:19.14 : Depositions4-256
    • § 4:19.15 : Transcript of the Proceeding4-257
    • § 4:19.16 : Proposed Findings and Conclusions4-258
    • § 4:19.17 : Decision of the Administrative Law Judge4-258
      • [A] : Different Burden to Establish Facts for Different Sanctions4-258
      • [B] : Finality of Decision4-259
    • § 4:19.18 : Appeal of the Decision4-259
    • § 4:19.19 : Decision on Appeal by the Secretary of the Treasury4-260
    • § 4:19.20 : Effect of Disbarment, Suspension or Censure and Possible Reinstatement to Practice4-261
    • § 4:19.21 : Notice of Disbarment, Suspension, Censure or Disqualification4-264
    • § 4:19.22 : Expedited Suspension in Some Cases4-264
      • [A] : Practitioners Against Whom the Expedited Suspension Procedures May Be Applied4-265
      • [B] : Commencement of the Proceeding4-265
      • [C] : Answer Required to Be Filed4-266
      • [D] : Director’s Authority to Effect Expedited Suspension If No Answer Is Made4-266
      • [E] : Time and Place of Conference4-266
      • [F] : Suspension Immediately After Conference4-266
      • [G] : Period of Expedited Suspension4-266
      • [H] : Proceeding After Expedited Suspension4-267
  • § 4:20 : Record of Enrollments, Sanctioned Practitioners, Etc.4-267
  Appendices
Appendix A: Circular No. 230
Appendix B: Circular 230 Addendum (July 2002)
Appendix C: Circular 230 (1921 Version)
Appendix D: Circular 230 Decision Tree
Appendix E: Chart for Compliance with Circular 230 § 10.35 for “Covered Opinions”
Appendix F: Circular 230 Flowchart
Appendix G: Chart: Reportable Transactions
Appendix H: Checklist for Covered Opinions
Appendix I: Analysis of Certain Court-Made or Judicial Tax Doctrines
Appendix J: AICPA Bylaws: Section 730
Appendix K: KPMG Indictment
Appendix L: IRS Form 706
Appendix M: IRS Schedule M-3 (Form 1120)
Appendix N: IRS Form 2848
Appendix O: IRS Form 8886
Appendix P: [Reserved]
Appendix Q: General Disclaimer About Circular 230 for Use in General Memorandum About Tax Law Matters
Appendix R: Sample Disclaimers
Appendix S: Sample Framework of a Circular 230 Covered Opinion
Appendix T: Sample Memorandum of Written Advice Not Constituting a Covered Opinion
Appendix U: 18 U.S.C. § 207
Appendix V: Proposed Regulations for Practitioners Rendering Municipal Bond Opinions
Appendix W: Summary Order: Long-Term Capital Holdings, LP v. United States
Appendix X: Selected Internal Revenue Code Sections and Treasury Regulations Regarding Penalties
Appendix Y: Application for Enrollment to Practice Before the Internal Revenue Service
Appendix Z: IRS Form 8921
Appendix AA: IRS Forms 8275 and 8275R
Appendix BB: IRS Notices 2007-54, 2008-11, 2008-12, 2008-13, 2008-14, 2010-33
Appendix CC: Practitioner Penalties Under Circular 230 § 10.34
Appendix DD: Preparer Penalties Under IRC § 6694
Appendix EE: Director, Office Of Professional Responsibility v. Sykes, Complaint 2006-1 (January 2009, Administrative Law Judge Richard A. Scully)
Appendix FF: Notice 2009-55
Appendix GG: Notice 2009-59
  Bibliography
  Table of Authorities
  Index

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