Washington (March 1, 2004) -- Efforts by BDO Seidman clients to intervene in an Internal Revenue Service action against the firm have hit a dead end, as the Supreme Court declined to review a Seventh Circuit decision in favor of the IRS.
The IRS action, to compel BDO to disclose the clients' identity as investors in potentially abusive tax shelters, was cited by the clients as a violation of the statutory tax advisor-client privilege.
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