WASHINGTON - Lawyers who are considering engaging in questionable tax practices for municipal bond transactions because the market turmoil has thrown deals into situations where there are no specific tax laws or rules should first check with the Internal Revenue Service, officials warned yesterday.

"It's really important for the bond community to recognize that [the IRS wants] to have a voice" to comment on market practices about which the agency may have has concerns, Clifford Gannett, director of the IRS' tax-exempt bond office, said during a teleconference sponsored by the National Association of Bond Lawyers.

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