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Administrative/Regulatory

Jan. 11, 2001

Tangled Web

Tax advisers are concerned about a new set of proposed regulations, just issued in October, that affect attorneys. The Internal Revenue Service has just revisited its long-standing regulations under Internal Revenue Code Section 6041, which were published in 1984 under more general Form 1099 topics (not limited to lawyers) and issued a new set of proposed regulations. See REG-246249-96, 65 Fed.Reg. 61292-61299 (Oct. 17, 2000).

Robert W. Wood

Managing Partner, Wood LLP

333 Sacramento St
San Francisco , California 94111-3601

Phone: (415) 834-0113

Fax: (415) 789-4540

Email: wood@WoodLLP.com

Univ of Chicago Law School

Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.

By Robert W. Wood
        
        Tax advisers are concerned about a new set of proposed regulations, just issued in October, that affect attorneys. The Internal Revenue Service has just revisited its long-standing regulations under Internal Revenue Code Section 6041, which were published in 1984 under more general Form 1099 topics (not limited to l...

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