Vince Nardone: Tax and Controversy

Internal Revenue Service Announces Disciplinary Sanctions Against Tax Professionals

In 2009-83, 2009-46 IRB 647, the Internal Revenue Service Office of Professional Responsibility announces recent disciplinary sanctions involving attorneys, certified public accountants, enrolled agents, enrolled actuaries, enrolled retirement plan agents, and appraisers. These individuals are subject to the regulations governing practice before the Internal Revenue Service, which are set out in Title 31, Code of Federal Regulations, Part 10, and which are published in pamphlet form as Treasury Department Circular No. 230.  The regulations prescribe the duties and restrictions relating to such practice and prescribe the disciplinary sanctions for violating the regulations.

These announcements should be a reminder to tax professionals of the importance of following the rule of law and ensuring that you do not cross the line.  I always advocate for my clients and want to aggressively pursue tax savings opportunities.  But, as tax professionals, you have to be aware of where tax planning or avoidance ends and where tax evasion begins.

Please see the attached Announcement 2009-83 for the details of the various disciplinary proceedings against professionals that crossed the line. 

Download Announcement 2009-83, Vince Nardone, Tax Attorney

Internal Revenue Service Announces Disciplinary Sanctions Against Tax Professionals

In 2009-83, 2009-46 IRB 647, the Internal Revenue Service Office of Professional Responsibility announces recent disciplinary sanctions involving attorneys, certified public accountants, enrolled agents, enrolled actuaries, enrolled retirement plan agents, and appraisers. These individuals are subject to the regulations governing practice before the Internal Revenue Service, which are set out in Title 31, Code of Federal Regulations, Part 10, and which are published in pamphlet form as Treasury Department Circular No. 230.  The regulations prescribe the duties and restrictions relating to such practice and prescribe the disciplinary sanctions for violating the regulations.

These announcements should be a reminder to tax professionals of the importance of following the rule of law and ensuring that you do not cross the line.  I always advocate for my clients and want to aggressively pursue tax savings opportunities.  But, as tax professionals, you have to be aware of where tax planning or avoidance ends and where tax evasion begins.

Please see the attached Announcement 2009-83 for the details of the various disciplinary proceedings against professionals that crossed the line. 

Download Announcement 2009-83, Vince Nardone, Tax Attorney