Interim Guidance On Return Preparer Penalty Procedures For Estate & Gift Preparer Penalty Cases

The IRS has issued Interim Guidance On Return Preparer Penalty Procedures For Estate & Gift Preparer Penalty Cases. The guidance advises that during every examination, estate tax attorneys should determine if further consideration of return preparer penalties is necessary. This determination will be made based on oral testimony and/or written evidence during the examination process. For more detailed information see SBSE-04-0509-009.