The Trouble With Disclaimers-Circular 230 Revisited - Ed Zollars

Published: March 4, 2006, 1:33 a.m.

This week's podcast pertains to the potential overuse of Circular 230 disclaimers.  It arose from a discussion that began on the California Society of CPAs TaxTalk group on Yahoo about the widespread use of Circular 230 disclaimers. There seems to be an unfortunately false belief among many in the professions involved that a standard disclaimer eliminates any and all issues related to the revisions last summer to Circular 230.

The podcast discusses both the issues outside of Circular 230 that can arise from the indiscriminate use of this disclaimer, as well as those cases under the covered opinion rules when the disclaimer does not absolve the professional from having to issue a covered opinion.

The materials can be found at this link:

http://edzollars.com/2006-03-03_Disclaimers.pdf

We also discuss briefly some technology matters, including a quick discussion of why it may be useful to listen to Steve Gibson's Security Now podcast. To check out what's available go to:

http://grc.com/securitynow.htm

If you ever use a wireless hotspot or plug into a hotel network when on the road, this week's broadcast, while a bit dense, also contains some very important information about risks you may not be aware of (the "man in the middle" attack to steal your passwords, or the simple sniffing allowed if you aren't wired directly to a switch--that is, the network uses either wireless or a simple hub).



This Podcast is sponsored by Leimberg Information Services, Inc. at http://www.leimbergservices.com

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