Ethics Checklist for Tax Practitioners
Author: Annette Nellen
| CPE Credit: |
2 hours for CPAs
2 hours Ethics for EAs and OTRPs
2 hours Ethics for CTEC |
Circular 230, professional rules of conduct, Internal Revenue Code compliance rules, and taxpayer and preparer penalties all combine into a lot of information for practitioners to be familiar with. This presentation explains key rules of conduct relevant to tax practitioners, as well as the most commonly encountered federal tax penalty provisions, in the form of a checklist to help ensure ethical compliance in all aspects of one's tax practice. The checklist approach will help you see which rules are relevant in the various day-to-day activities in which practitioners engage and how to be compliant.
Examples of commonly encountered ethical dilemmas and how to address them, how to identify and deal with client expectations, and tips for avoiding problems will be covered in the explanation of the ethics checklist. In addition, selected current developments from the courts, Congress, and IRS including the IRS Office of Professional Responsibility (OPR) will be presented.
Publication Date: June 2021
Designed For
Enrolled Agents, CPAs, and other practitioners looking to either meet their professional ethics continuing education requirements or for an opportunity to review rules of conduct relevant to tax practice.
Topics Covered
- Ethics Review
- 7”Part Tax Practice Ethics Checklist
- What Interview Question Do You Suggest to Gauge Ethical Foundation?
- Circular 230
- Uses of the checklists
- References
Learning Objectives
- Recognize key rules of conduct relevant to tax practice and how to be compliant
- Identify challenges facing Tax Practitioners
- Identify how Circular 230 applies
- Recognize specific consideration for the checklist as it relates to duties to your profession
- Describe AICPA Rules of Professional Conduct
- Recognize and apply parts of the Ethics Checklist
- Identify the highest level in the standards ordering
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Regulatory Ethics (2 hours)
Program Prerequisites
None
Advance Preparation
None
