In 2011 and 2012, the IRS announced major revisions and proposed changes to Circular 230. The recently revised Circular 230 imposes new duties and responsibilities upon practitioners who represent taxpayers before the IRS. Practitioners must comply with these requirements, necessitating a complete understanding of their duties within the tax system and to their clients. This CPA ethics CPE course will help you balance your duties and avoid ethical violations by thoroughly detailing revisions and proposed changes, giving you the necessary information to remain complaint with Circular 230.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Identify regulations under Circular 230, including the impact of the Loving case on tax preparer regulations, PTIN rules, eligibility to become an enrolled agent, and standards with respect to tax returns and documents.
Cite regulations under Circular 230, including sanctions, disreputable conduct, continuing education requirements, monetary penalties, and conflicting interests.
Recognize the regulations under Circular 230, including best practices, knowledge of client's omissions, return of client records, solicitation, sanctions, and privacy restrictions on disclosure of client information.
Major Topics
Ethical Dilemmas in Representation
Circular 230
