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Self-Study Courses

Tax Practice Standards (Currently Unavailable)

2 CPE Credits $31.00/credit hour
4.8 (19 ratings)
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.

Publication Date: August 2021

Designed For
CPAs, EAs, or other tax professionals.

Topics Covered

  • Practice Standards Under the AICPA Code of Professional Conduct and Treasury Circular 230
  • Integrity, Objectivity & Judgment
  • Acts Discreditable
  • Due Care
  • Responsibility to the Public
  • AICPA Statement on Standards for Tax Services ("SSTS")
  • Internal Revenue Code
  • Common Law

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
  • Recognize another identifier for the AICPA Code of Professional Conduct
  • Describe which key Circular 230 provision relates to fees

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Regulatory Ethics (2 hours)

Program Prerequisites
None

Advance Preparation
None

Instructor

Allison McLeod

Professor McLeod, LL.M., JD, CPA, is currently a full-time Senior Lecturer at the University of North Texas, where she has taught classes in Corporate Income Taxes, Multi-jurisdictional Taxes, Individual Taxes, Tax Research, Ethics and Financial Accounting. She has taught as an adjunct professor at the University of North Texas College of Law.

Prior to Professor McLeod going into academia, she worked for 18 years in industry and in a Big Four accounting firm. Professor McLeod earned a law degree from Baylor School of Law, and an LL.M. degree in Taxation from Southern Methodist School of Law. She has been a licensed CPA since 1993 and has been licensed to practice law since 1992. Professor McLeod has enjoyed teaching live ethics course to CPAs since 2011 and is the owner of  www.cpaethicsonline.com, which offers on-line self-study courses to CPAs. She currently serves on the Professional Ethics Committee of the Texas Society of CPAs.which offers on-line self-study courses to CPAs. She served on the Professional Ethics Committee of the Texas Society of CPAs and the AICPA CPA Exam Committee (REG).
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