7525 provides a limited privilege to communications between a
federally authorized tax practitioner and a taxpayer to the extent the communication would be considered privileged if it were between an attorney and a taxpayer.
You have three years to file an amended return, but if you've missed out on a money-saving deduction in the past, the best way to stay on top of changing tax law is to choose a certified public accountant, enrolled agent (a
federally authorized tax practitioner), or tax preparer who takes continuing professional education courses, says Cindy Hockenberry, research coordinator at the National Association of Tax Professionals, in Appleton, Wisconsin.
* AB 129 (Ma): Provides taxpayers with the same protections of confidentiality with respect to the tax advice given by "any
federally authorized tax practitioner" as they would have if the advising individual were an attorney for any noncriminal matter before the BOE or the FTB.
The legislation amended CRTC [section] 21028 to provide that no privilege applies to communications between a
federally authorized tax practitioner and any person in connection with the promotion or participation of the person in any tax shelter.
* Due Diligence in Tax Services; Guidelines for Conflicts of Interest in the Performance of Federal Tax Services; and Overview of the
Federally Authorized Tax Practitioner: Client Privilege Under IRC Sec.
That privilege, known as the
federally authorized tax practitioner or Sec.
If the communication (and physical information directly pertaining to it) qualifies as privileged, then that information is not discoverable by the IRS or government attorneys in the event of a tax controversy The claim of privilege actually belongs to the taxpayer with respect to communication between them and their attorney or any other
federally authorized tax practitioner CPA, an enrolled agent or an enrolled actuary.
A corporation's response to Announcement 2002-63, which is part of the IRS's effort to identify and crack down on abusive tax shelters, requires--(1) a thorough understanding of the contours of the attorney-client privilege, the
federally authorized tax practitioner privilege, and the work product doctrine;
If the IRS director of practice institutes a grievance proceeding against a
federally authorized tax practitioner, the complaint will seek the disbarment or suspension of the regulated professional from further practice before the IRS pursuant to a 31 C.F.R.
7525(a)(1), communications between a taxpayer and a
federally authorized tax practitioner for the purpose of obtaining tax advice generally are accorded the same protection in noncriminal proceedings as communications between a taxpayer and an attorney, to the extent that they would be privileged communications between the taxpayer and the attorney.
7525 provides a privilege for communications between a taxpayer and a
federally authorized tax practitioner. Such communications are considered to be privileged as if made between a taxpayer and an attorney, under the same standards that apply to the attorney-client privilege.
With respect to tax advice, the same common law protections of confidentiality which apply to a communication between a taxpayer and an attorney shall also apply to a communication between a taxpayer and any
federally authorized tax practitioner to the extent that the communication would be considered a privileged communication if it were between a taxpayer and an attorney.