Ethics for Tax Professionals (not state-specific)
Date/Time: Tuesday, December 4, 2012, 1-3 p.m. Eastern
(see all dates)
Presenter(s): Michael J. Tucker, CPA, Lance Weiss, CPA, CVA
The purpose of this program is to discuss the ethical mandates that govern the conduct of tax practitioners. Tax practitioners who need an introduction to, or review of the rules governing their conduct as tax return preparers, will definitely benefit from this program. Since each state enacts ethical rules of conduct regulating CPAs and attorneys, these rules vary from state to state and are beyond the bounds of this program. Our focus in this program will be on the ethical pronouncements of the IRS in Circular 230 as well as the preparer penalty provisions set forth in the Internal Revenue Code.
- What does practicing before the IRS mean--and who may practice before the IRS?
- What should a tax preparer do if he or she has knowledge of a client's omission of income from a tax return?
- May a tax preparer rely on the work of other tax return preparers?
- May a tax preparer rely on and use client provided information?
- Who needs to get a PTIN in 2012 and after?
- Registered tax return preparers--who they are and what they are empowered to do as tax practitioners
- Determine how Circular 230 addresses the more commonly encountered ethical questions tax return preparers face in practice on a regular basis
- Apply the provisions of Circular 230 to more commonly encountered ethical questions tax practitioners confront
- Any tax practitioner who wishes understand federal rules of ethical conduct that apply to tax return preparers
- Any tax practitioner who wishes to learn more about his or her ability to rely on client provided information and what to do if the client refuses to report income that should be reported on his or her tax return
Course Level: Basic
CPE Credits: 2, Taxes
Advance Preparation: None