Christopher Rizek and Rachel Partain to Speak on Circular 230 Webinar
Program: The Fallout from Loving: How Broad an Impact on Circular 230?
Event Sponsor: American Bar Association, Ethics and Professionalism CLE
On February 11, 2014, the D.C. Circuit affirmed the District Court's prior decision holding that regulations promulgated in 2011 to subject all paid return preparers to regulatory oversight under Circular 230 were invalid as beyond the scope of the authorizing statute, 31 U.S.C. § 330. While the impact of the decision on otherwise unregulated paid return preparers is clear, this panel will consider the potentially broader consequences for provisions in Circular 230 that purport to regulate conduct that does not involve direct interaction with the IRS.