Interesting article in today’s law.com:  Lawyers Wary of New Tax Regulations’ Impact on Client Relations:

At best, tax attorneys see the latest overhaul of the IRS regulations on tax shelters as inconvenience and overkill — blasting a shotgun at a mosquito. At worst, they view the changes, slated to go in effect June 20, as a client relations nightmare that could turn attorneys into snitches for the federal government. The revisions are the result of both the Jobs Creation Act of 2004 and changes to Circular 230, the rules that govern attorneys and accountants advising taxpayers on IRS issues. The new rules — which are designed to crack down on abusive tax shelters — require law firms and any other tax advisers to create internal advisory committees to ensure compliance.