In the complex and ever-evolving field of tax practice, enrolled agents are faced with the challenge of adhering to stringent ethical standards while effectively serving their clients. This enrolled agent ethics CPE tackles this challenge head-on, focusing on the critical aspects of IRS Circular 230 and the Code of Ethics and Rules of Professional Conduct of the National Association of Enrolled Agents. This CPE ethics course emphasizes the potential pitfalls and legal implications of non-compliance within these ethical guidelines. Learn to avoid ethical dilemmas with an in-depth exploration of ethical standards that provide detailed knowledge on practicing before the IRS, understanding the restrictions on former government employees, navigating the nuances of contingent fees, and adhering to best practices for tax advisors. This ethics CPE course equips enrolled agents with the necessary tools to conduct their practice with integrity and professionalism, ensuring compliance with all ethical and legal requirements.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Specify the parties who are allowed to practice before the IRS.
Describe the rules pertaining to the submission of requested documents to the IRS.
Explain the restrictions on the activities of former government employees.
Specify the rules pertaining to the use of contingent fees.
Identify the rules pertaining to practitioner advertising.
Describe the IRS-recommended best practices for a tax advisor.
Specify the IRS rules pertaining to the advice that may be given to a client.
Recall the contents of the NAEA rules of professional conduct and code of ethics.
Identify the different types of tax schemes and how they are operated.
Major Topics
Circular 230
Return Preparation and Application of Rules to Other Individuals
Knowledge of Client's Omission
Diligence as to Accuracy
Practice by Former Government Employees, Their Partners and Their Associates
Notaries
Conflicting Interests
Solicitation
Requirements for Written Advice
Complaints to the Office of Professional Responsibility
NAEA Code of Ethics
NAES Rules of Professional Conduct
IRS Criminal Investigation Areas
Additional Tax Scams
