Meadows Collier Partners Submit Comments on Proposed Revisions to Circular 230

Firm partners Jeffrey M. Glassman and Matthew L. Roberts, through their respective leadership positions with the State Bar of Texas Tax Section (Tax Section), recently submitted comments to the Treasury and IRS on proposed revisions to Circular 230. Mr. Glassman serves as the Chair of the Tax Controversy Committee for the Tax Section, and Mr. Roberts serves as the committee’s Vice Chair.

On December 26, 2024, the Treasury and IRS issued proposed regulations seeking to modify the existing Circular 230 rules. Among other proposed changes, the Treasury and the IRS sought to revise the rules applicable to tax professionals who discover noncompliance, errors, and omissions and those associated with contingency-fee arrangements. The Tax Section provided recommendations on both proposed rules.

The Tax Section’s full comments can be found here.

If you have any questions about the comments submitted to the Treasury and IRS on proposed revisions to Circular 230 on behalf of the State Bar of Texas Tax Section, or any civil or criminal tax issue, you can contact Mr. Glassman at jglassman@meadowscollier.com or 214-749-2417 or Mr. Roberts at mroberts@meadowscollier.com or 214-749-2434.