The Circular 230 Deskbook serves as an essential resource for any tax professional practicing before the IRS. This practice guide is designed to help practitioners comply with complicated 230 amendments with ease, avoiding costly penalties and sanctions.
Highlights of the recent update include:
- Chapter 1, Deference: When the Court Must Yield to the Government’s Interpretation, which examines the 3M decision, which resulted in the Eighth Circuit rejecting the IRS’s argument that reallocation of income under section 482 was within the scope of delegated discretion
- Chapter 3, Reporting and List Maintenance Requirements, covers the district court holding that section 6011 delegates discretion to the treasury under the phrase “as determined under regulations”
- Chapter 4, Circular 230, explains how the decision in Loving has resulted in the IRS withdrawing proposed regulations which would have required specific minimum qualification requirements for preparers
- Updated Appendices L and M and an updated Table of Authorities
Order a print copy today.
