50 years ago in The Tax Adviser.

• Position: TTA 50 YEARS

For an interactive timeline of tax and other developments since The Tax Adviser started publication, go to tinyurl.com/50-years.

Here are some highlights from the June 1970 issue.

Responsibilities in tax practice

Thirteen years ago, then AICPA President Marcus J. Eaton appointed the committee on cooperation with the IRS... whose basic objectives were: 1.To explore the possibility of devising standards of conduct for CPAs in tax practice which would serve as guides to members of the profession and as a protection to those who followed such standards against unjust charges of misconduct. 2. To explore the possibility of establishing standards of conduct and procedures for revenue agents... 3. To explore the possibility of encouraging maximum co-operation between revenue agents and CPAs representing taxpayers, with the object of minimizing the expense to the taxpayer, of determining and settling his tax liabilities. During the next several years there was some public discussion concerning the responsibility of the CPA when he prepared or assisted in the preparation of a federal income tax return. Then IRS Commissioner Mortimer Caplin proposed the idea of a "certified" tax return--a proposal which did not get very far.

--Gordon S. Moore, CPA, "IRS Practice Should Not Be a Contest Between Adversaries," p. 357. Moore was a partner with Arthur Young & Co. in Houston.

Citrus grove tax savings

Among the tax savings ventures which are no longer as sweet as they were are investments in citrus...