The Internal Revenue Service issued stricter ethical standards for lawyers, accountants, and other professionals giving tax advice last Friday.
In an article in this morning's Court Index, IRS Commissioner Mark Everson is quoted as saying, "These new standards send a strong message to tax professionals considering selling a questionable product to clients. The new provisions give us more tools to battle abusive tax avoidance transactions and rein in practioners who disregard their ethical obligations.
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