The Circular 230 Deskbook: Related Penalties, Reportable Transactions, Working Forms serves as an essential compliance resource, designed to help tax professionals navigate the complex Circular 230 amendments with ease. The digital edition also includes a CPE self-study module, providing accounting officials with a convenient way to earn CPE credit. 

Highlights of this recent update include:  

• Coverage of the key takeaways from Lesko v. US and its effects on (Chapter 1, Deference: When the Court Must Yield to the Government’s Interpretation) 

• An explanation of the government’s entitlement to a presumption of correctness under section 6700, but that the government also bears the burden of proof in establishing a violation of section 6700 (Chapter 3, Reporting and Listing Requirements) 

• Discussion of the Introductory Guidelines for Responsible AI Use in Federal Tax Practice, which explores generative AI and its effects on various Circular sections (Chapter 4, Circular 230) 

• Updates to the Index and Table of Authorities 

Order a print copy today or start browsing on PLUS!