WASHINGTON — Bond lawyers praised an Internal Revenue Service proposal late last week that would eliminate requirements for state and local bond opinions under its Circular 230 rules, which governs written tax advice.

It would definitely be good if the proposed Circular 230 practice standards regulations went into effect, John Swendseid, a bond attorney with Swendseid & Stern, the Nevada arm of Sherman & Howard, and chair of the American Bar Association’s taxation section, said after their fall meeting in Boston.

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