Go to www.irs.gov/pub/irs-pdf/pcir230.pdf or to the general IRS site

(www.irs.gov) and under Publications locate “Publ TD CIR 230.” Download a copy of Treasury Circular 230: Regulations Governing the Practice of Attorneys, Certified Public Accountants, Enrolled Agents.

a. Read §10.33 and then list four best practices for tax advisors.

b. Read §10.34 regarding the realistic possibility standard. Define realistic possibility.

AppendixLO1