Tax Practice Standards

Date: Wednesday, August 12, 2020
Instructor: Allison McLeod
Begin Time:  9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time
CPE Credit:  2 hours for CPAs
2 hours Ethics for EAs and OTRPs
2 hours Federal Tax Law for CTEC

Join Allison McLeod, CPA, LL.M for a comprehensive discussion on standards that professionals must adhere to as tax practitioners. We will be covering the major governing rules, such as Treasury Circular 230, the AICPA Statements on Standards for Tax Services (SSTS), the Internal Revenue Code (IRC) and common law. Also included will be case studies illustrating dilemmas faced by tax practitioners.

Who Should Attend
CPAs, EAs, or other tax professionals.

Topics Covered

  • Major governing rules, such as Treasury Circular 230, the AICPA Statements on Standards for Tax Services (SSTS), the Internal Revenue Code (IRC) and common law
  • Case studies illustrating dilemmas faced by tax practitioners

Learning Objectives

  • Identify the expectations for tax practitioners in serving clients, including the duty of confidentiality, competency and proper administration of the tax law
  • Recognize the practitioner's obligations to disclose certain client information when representing them against the IRS
  • Describe the sources that govern tax practice, such as Treasury Circular 230, the SSTS, the IRC and common law
  • Identify the common law standards of reasonable behavior and when a tax practitioner may be subject to negligence or other types of common law causes of action

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None

Registration Options
Individual
Group
*Note: 3 or more qualifies for discounted Group Participant Fee
Fees
Regular Fee $100
Group Participant Fee $77

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