IRS Practice Series: Conflicts of Interest (Completed)

Date: Tuesday, July 23, 2019
Instructor: Eva Rosenberg
Begin Time:  12:00pm Pacific Time
1:00pm Mountain Time
2:00pm Central Time
3:00pm Eastern Time
CPE Credit:  2 hours for CPAs
2 hours Ethics for EAs and OTRPs
2 hours Ethics for CTEC

This course will teach you how to navigate these choppy waters and how to (or how not to) represent clients that may have opposing agendas.

  • Can you recognize when your married clients have a tax conflict of interest — and when it would be more sensible for them to file separate tax returns?

  • Do you represent client(s) who are thinking about getting married? Have you discussed potential tax conflicts they might have if they were to get married?

  • Do you represent clients that were married, have joint tax liabilities and are separated, divorced OR THINKING about splitting up? Then this course is invaluable.

  • Do you represent shareholders or "members" of corporations or LLCs that the IRS has assessed or is trying to assess the Trust Fund Recover Penalty (payroll 941 taxes)?

With the divorce rate at an all-time high (over 50% of all marriages result in divorce or separation), and tax defaults happening left and right, it's important to protect your clients from each other — even when they have solid relationships. Learn how to represent couples and multiple "owners" and avoid being sued.

Who Should Attend
Tax practitioners at all levels regardless of tax practice, who work with couples and business with more than one owner. Additionally, CPAs and EAs wishing to protect themselves and their clients from misunderstandings.

Topics Covered

  • Conflict of Interest rules in Circular 230
  • Potential conflicts before marriage
  • Conflicts found in solid marriages
  • Conflicts found in troubled marriages
  • Conflicts between business partners
  • Conflicts between tax professionals and clients
  • How to stay on the engagement and protect yourself.
  • When to remove yourself from the engagement
  • Client forms to protect you — and/or your clients
  • Other Resources

Learning Objectives

  • Identify current or potential conflicts of interest
  • Recognize the nature and extent of the conflict and to either extricate yourself from the situation
  • Differentiate when to protect yourself and all parties involved


Instructional Method
Group: Internet-based

NASBA Field of Study
Regulatory Ethics (2 hours)

Program Prerequisites
IRS Practice Series: Circular 230 Considerations and Requirements or equilvalent knowledge.

Advance Preparation

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