Sec. 7216 Regulations

Article:  ...the impact of final regulations released by Treasury and the IRS in January 2008, involving the disclosure and use of tax return information by tax return preparers under Sec. 7216
Published on June 01, 2010

IRS Updates Sec. 7216 Guidance on Disclosing Tax Return Information

Article:  The IRS took additional steps to protect taxpayer information with the December release of final regulations under Sec. 7216. The IRS also released guidance to tax return preparers about the format and content of taxpayer consents
Published on April 01, 2013

IRS Issues Regs. and Guidance on Disclosure of Tax Return Information

Article:  The IRS has issued regulations under Sec. 7216 that increase the circumstances in which tax return preparers can disclose or use certain limited tax return information and two revenue rulings that provide guidance to tax return preparers...
Published on January 28, 2011

New Tax Preparer Rules for Disclosure and Use of Return Information

Article:  The IRS released final regulations under Sec. 7216, providing guidance for tax return preparers about the disclosure or use of tax return information
Published on January 28, 2011

Rules on Use, Disclosure of Taxpayer Information Finalized

Article:  The IRS issued final regulations under Sec. 7216 that govern the circumstances in which tax return preparers can disclose or use certain limited tax return information
Published on February 28, 2013

New Rules for Disclosure and Use of Tax Return Information by Tax Return Preparers

Article:  Newly finalized regulations should prompt all return preparers to evaluate their processes to ensure that they conform to the disclosure requirements of Sec. 7216
Published on May 02, 2010

New Regs. Govern Overseas Disclosure and Use of Taxpayer Information

Article:  The IRS issued final regulations under Sec. 7216 to update the existing rules to address current tax industry practices, such as electronic preparation and filing, expanded tax and nontax service offerings, and resource sharing across national borders...
Published on January 28, 2011

AICPA News Update - February 5, 2010

Newsletter:  In this update: Tax Center Resources: 2009 Practice Guides and Checklists, Topical Guides and More; Practice Guide and Video Explain New IRC Section 7216 Regulations; AICPA Forms Task Force to Respond to IRS Proposal to Require Companies to Disclose Uncertain Tax Returns; Get Informed on IRS’s Proposed Preparer Regulations, Estate
Published on March 08, 2010

Tax Practitioners Face Increasing Regulation

Article:  Congress and the IRS have been focusing on regulating tax and financial services. Although the problems that are being addressed were not caused by CPAs, practitioners may be swept up in the solution.
Published on January 28, 2011

Social Media Opportunities and Risks for Tax Practices

Article:  This column touches on the benefits and opportunities social media provides to today’s CPAs and the importance of controlling or limiting the use of the new technology.
Published on April 30, 2013

Tax Practice Quality Control

Article:  Practitioners should consider implementing a tax practice quality-control system.
Published on October 31, 2012

Circular 230 Best Practices

Article:  Circular 230, Section 10.33, on best practices deals with providing advice and preparing a submission to the IRS.
Published on January 28, 2011

Why and How to Conduct a Tax Practice Inspection

Article:  A firm can use a tax practice inspection as a tool to test the quality of tax services provided to clients, to develop specific recommendations for improvement, and to prepare or update a tax services policies and procedures manual.
Published on January 28, 2011

The Competent Tax-return Preparer

Article:  Annette Nellen
Published on November 08, 2012

Client Data Security for the Tax Practitioner

Article:  This column takes a brief look at some practices CPAs should consider when handling data security.
Published on January 28, 2011