ABA Tax Section Debate

May 6, 2011
Washington, District of Columbia

On May 6, Ms. Wollman won a debate regarding whether the standards for tax return positions of Section 10.34 should conform in all respects to the standards prescribed by IRC Section 6694. The debate was sponsored by the American Bar Association Tax Section and held in Washington, D.C. Ms. Wollman won for the affirmative on the question of whether the ethical rules in Section 10.34 of Circular 230 should differ from those set forth in the preparer penalty provisions of Section 6694 of the code.