Washington — Tax professionals must be leaders to ensure that the tax system remains above board, Senate Finance Committee chair Chuck Grassley, R-Iowa, told the Tax Council Policy Institute.

“While the Internal Revenue Service seems to have gotten the message regarding professional responsibility and Circular 230,” Grassley told the group in mid-February, “I would suggest that the law and accounting professions need to look at their own discipline efforts and ethics guidelines to make certain that they are doing all they can to ensure the highest standards in the field.”

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access