Latest updates for Formal Opinion 523

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Recent items include:

  • ABA releases ethics opinion on engagement agreement provisions
  • Professional Responsibility in the Age of Generative AI: Analyzing OPR Guidelines and Circular 230 Standards
  • Tenth Circuit Clarifies Appellate Review in 25-2052

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valawyersweekly.com /2 weeks ago

ABA releases ethics opinion on engagement agreement provisions

The American Bar Association issues Formal Opinion 523 clarifying lawyer withdrawal rights under engagement agreements, with context on Virginia rules. The post ABA releases ethics...

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currentfederaltaxdevelopments.com /3 weeks ago

Professional Responsibility in the Age of Generative AI: Analyzing OPR Guidelines and Circular 230 Standards

Office of Professional Responsibility, Internal Revenue Service, U.S. Dep't of the Treasury, Alert Issue No. 2026-19, Introductory Guidelines for Responsible AI Use in Federal...

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legaltechmonitor.com /3 days ago

Tenth Circuit Clarifies Appellate Review in 25-2052

The Tenth Circuit’s July 6, 2026 opinion in 25-2052 is a useful reminder that appellate outcomes often turn as much on standards of review and issue preservation as on the underlyi...

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natlawreview.com /3 weeks ago

CFPB Rescinds 2020 Special Purpose Credit Program Advisory Opinion

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currentfederaltaxdevelopments.com /1 month ago

Assessing the Risks of Hindsight in Late § 475(f)(1) Election Requests

PLR 202623008, June 5, 2026 The matter involves a State C corporation engaged in the manufacturing and distribution of Products globally. In addition to its core business op...

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currentfederaltaxdevelopments.com /6 days ago

Economic Risk of Loss and Conditional Deficit Restoration Obligations

Chief Counsel Advice Memorandum Number: 202628009, Office of Chief Counsel, Internal Revenue Service (Written: May 29, 2026, Redacted Version Released: July 10, 2026) The ma...

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currentfederaltaxdevelopments.com /3 weeks ago

Constructive Dividends, Corporate Formalities, and the Civil Fraud Penalty: Comprehensive Analysis of Hee v. Commissione...

Albert S.N. Hee and Wendy R. Hee v. Commissioner; Waimana Enterprises, Inc. v. Commissioner, T.C. Memo. 2026-53 (June 23, 2026) In the realm of closely held corporations, the...

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legaltechmonitor.com /1 week ago

Third Circuit Issues Precedential Opinion in Appeal No. 25-1545

The U.S. Court of Appeals for the Third Circuit issued a precedential opinion on June 30, 2026, in appeal No. 25-1545, signaling that the panel intended its ruling to guide future...

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legaltechdaily.com /3 days ago

Tenth Circuit Clarifies Appellate Review in 25-2052

The Tenth Circuit’s July 6, 2026 opinion in 25-2052 is a useful reminder that appellate outcomes often turn as much on standards of review and issue preservation as on the underlyi...

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nccriminallaw.sog.unc.edu /3 weeks ago

Amendment to Ethics Rule 1.10 and New Bulletin on Conflicts Involving Former Clients in Criminal Cases

A common issue that comes up in public defender offices is whether an attorney can ethically represent a particular client when a victim or witness in the current case is […] Read...

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legaltechdaily.com /1 week ago

Third Circuit Issues Precedential Opinion in Appeal No. 25-1545

The U.S. Court of Appeals for the Third Circuit issued a precedential opinion on June 30, 2026, in appeal No. 25-1545, signaling that the panel intended its ruling to guide future...

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currentfederaltaxdevelopments.com /1 week ago

Technical Analysis of TD 10051: The Reclassification of Abusive CRAT Structures as Listed Transactions

TD 10051, July 9, 2026 The issuance of TD 10051, which finalizes the proposed rules set forth in REG-108761-22, represents a definitive strategic shift in the Internal Reven...

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currentfederaltaxdevelopments.com /1 month ago

Strict Compliance with Contemporaneous Written Acknowledgment Rules and Penalty Defenses: An Analysis of Wells v. Commis...

William P. Wells and Ruth E. Wells v. Commissioner of Internal Revenue, T.C. Memo. 2026-49, June 10, 2026 The Internal Revenue Service (IRS) issued a Notice of Deficiency to W...

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legaltechmonitor.com /3 days ago

Tenth Circuit Clarifies Appellate Jurisdiction and Finality in Opinion No. 25-8071

The Tenth Circuit’s July 7, 2026 decision in Opinion, No. 25-8071, is a useful reminder that appellate outcomes often turn as much on procedure as on the merits. Although the preci...

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legaltechmonitor.com /1 month ago

Third Circuit Opinion in No. 26-1772: What Practitioners Should Watch

The Third Circuit’s June 4, 2026 opinion in No. 26-1772 is now available, but practitioners should note an immediate limitation: the publicly provided case details here identify th...

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legaltechdaily.com /3 days ago

Tenth Circuit Clarifies Appellate Jurisdiction and Finality in Opinion No. 25-8071

The Tenth Circuit’s July 7, 2026 decision in Opinion, No. 25-8071, is a useful reminder that appellate outcomes often turn as much on procedure as on the merits. Although the preci...

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illinoislawyernow.com /1 month ago

PAC Finds City Council in Violation of OMA for Closed Session Discussions

The Illinois Attorney General’s Public Access Counselor (PAC) issued its 4th binding opinion of 2026 finding a public body in violation of the Open Meetings Act (OMA) by discussing...

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currentfederaltaxdevelopments.com /3 weeks ago

Analysis of Collection Due Process and Reasonable Collection Potential in Tooke v. Commissioner

Tooke v. Commissioner, T.C. Memo. 2026-54, June 23, 2026 The United States Tax Court recently issued a memorandum opinion in Tooke v. Commissioner, T.C. Memo. 2026-54, providi...

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legaltechdaily.com /1 month ago

Third Circuit Opinion in No. 26-1772: What Practitioners Should Watch

The Third Circuit’s June 4, 2026 opinion in No. 26-1772 is now available, but practitioners should note an immediate limitation: the publicly provided case details here identify th...

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currentfederaltaxdevelopments.com /1 month ago

The Eradication of the Five Percent Safe Harbor: Analyzing the Court’s Vacatur of IRS Notice 2025-42

Oregon Environmental Council v. Internal Revenue Service, No. 25-4400 (D.D.C. June 6, 2026) The landscape of clean energy tax planning underwent a seismic shift following th...

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blog.bluestonelawfirm.com /3 weeks ago

Get It In Writing!

Rubin v EFP Rotenberg, LLP 2026 NY Slip Op 02803 May 5, 2026 Appellate Division, First Department is a case about reliance on an accountant and making a loan based upon that advice...

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currentfederaltaxdevelopments.com /1 week ago

Treasury Regulation Section 1.951A-2(c)(5) Held Invalid: Court of Federal Claims Rules Against Amortization Denials in P...

Keysight Technologies, Inc. & Subsidiaries v. United States, No. 25-137 (Fed. Cl. July 2, 2026) The United States Court of Federal Claims has held that the Department of...

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thetaxtalk.com /1 month ago

Has the Supreme Court Quietly Diluted the “Change of Opinion” Doctrine? A Critical Look at Sanand Properties Pvt. Ltd. v...

Has the Supreme Court Quietly Diluted the “Change of Opinion” Doctrine? A Critical Look at Sanand Properties Pvt. Ltd. vs. JCIT   The Supreme Court’s recent ruling in Sanand Proper...

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blog.bluestonelawfirm.com /1 week ago

Pro-Se Attorneys and Judiciary Law 487

There are limits on when a Judiciary Law 487 claim applies, and Nimkoff v Waldbaum2026 NY Slip Op 04203 July 1, 2026 Appellate Division, Second Department holds that one of them i...

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Sources covering Formal Opinion 523

blog.bluestonelawfirm.com

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natlawreview.com

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nccriminallaw.sog.unc.edu

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thetaxtalk.com

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valawyersweekly.com

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currentfederaltaxdevelopments.com

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