Internal Revenue Service
Revenue Ruling

TaxLinks.com   sm

 Rev. Rul. 54-36

1954-1 C.B. 199

Full Text

Rev. Rul. 54-36

An attorney or agent who has prepared a Federal estate tax return, Form 706, and signed the `Declaration of Attorney or Agent Preparing Return' is not prevented from later assisting the taxpayer in establishing as a matter of fact a different value for an item of property shown on the return, either through a claim for refund or as an offset against a deficiency resulting from other adjustments proposed by an investigating officer. The attorney or agent who signed such declaration stated only that `this return, including the additional sheets inserted, if any, is a true, correct, and complete statement of all the information respecting the estate tax liability of this estate of which I have any knowledge .' Italics supplied.