Tax Ethics and Circular 230
Author: Jennifer Kowal
| CPE Credit: |
2 hours for CPAs
2 hours Ethics for EAs and OTRPs
2 hours Ethics for CTEC |
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2026 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
A variety of rules place ethical constraints on the advice that tax practitioners can give clients. This course covers statutory, regulatory and ethical standards governing those who practice in the tax field, emphasizing current issues in the application of the rules of professional conduct, Circular 230 (governing those admitted to practice before the Internal Revenue Service), and provisions of the Internal Revenue Code and the Treasury Regulations governing return preparers.
Publication Date: July 2023
Designed For
Tax practitioners at all levels who advise clients on tax positions.
Topics Covered
- Circular 230
- Rules of professional conduct applying to tax professionals
- Preparer penalty rules
Learning Objectives
- Recognize who is a preparer for the preparer penalty rules and what penalties may apply to tax return preparers
- Describe the requirements of Circular 230 and what is a covered opinion
- Identify intersection of state professional conduct rules and IRS Office of Professional Responsibility rules
- Identify common ethical pitfalls arising in tax practice
- Identify an ethical obligation of a practitioner to the government
- Identify the subpart of Circular 230 that regulates the duties and restrictions relating to practice before the IRS
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Regulatory Ethics (2 hours)
Program Prerequisites
None
Advance Preparation
None
