Professor Lang Quoted on Bailout
October 7, 2008
Professor Michael Lang was interviewed and quoted by Tax Notes Today in an article entitled, “Changes to Preparer Penalty Standard Won’t Require Scrapping Regs, Practitioners Say.” The article discusses the Bailout Act’s change to the return preparer penalty standard. “The changes to Section 6694 in the bailout law are the correct approach for Congress,” Professor Lang said. “We can expect some stability here once we get final regs,” he added.