circular 230 reference on emails

[michaelmars]

it now seems that the removal of references to circ 230 and irs are mandatory

 

 

Circular 230 Disclaimers: Deal or No Deal?

After years of frustration among tax practitioners, relief came in the form of final Circular 230 regulations which meant the days of required disclosures attached to emails, faxes, and other correspondence had come to an end. Effective June 12, 2014, the previous covered opinion rules in section 10.35 were removed and replaced with new guidance in section 10.37. While this is welcome news to many, there are still those who have become so accustomed to having the disclosures that simply removing them elicits anxiety. 

 

 

As a result, many practitioners have been slow to remove the disclaimers that are now a standard part of most outgoing email. The problem with this slow response is that Karen Hawkins, Director of the Office of Professional Responsibility, has been clear on stating that the removal of any reference to Circular 230 or the IRS is not optional. It is important that the public not be misinformed and her office will take action against preparers who continue to use the original language.

 

The new regulations do allow for “an appropriate statement describing any reasonable and accurate limitations of the advice rendered to the client.” Each individual or firm must determine what form of disclaimer should be included in their respective emails based on the type of work being performed, so long as the specific language in section 10.35 is removed. Read more on this topic in a Journal of Accountancy article.

[kcjenkins]

Interesting to know.  

[MAMalody]

I just made sure no referent to IRS and Circ 230.  What type of statements are others using now?

[michaelmars]

I too just took out the reference for now.   I am sure our carriers have something out to use but I haven't checked with mine yet.  I plan on waiting a few weeks till they get theirs finalized.