Tax Practice Standards
Author: Allison McLeod
| 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
This comprehensive course will cover the tax practice standards expected to be adhered to by tax practitioners. Treasury Circular 230, the AICPA Statements on Standards for Tax Services (SSTS), the Internal Revenue Code (IRC) and common law will be discussed. Also included will be case studies illustrating dilemmas faced by tax practitioners.
Publication Date: August 2023
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
- Due Care
- AICPA Statement on Standards for Tax Services ("SSTS")
Learning Objectives
- Describe the sources that govern tax practice, such as Treasury Circular 230, the SSTS, the IRC and common law
- Recognize the practitioner's duty to keep client matters confidential, and where disclosure is required even without client permission
- Describe the importance of the duty of confidentiality, competency and proper administration of the tax law
- Identify the common law standards describing what constitutes reasonable behavior by a tax practitioner
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Regulatory Ethics (2 hours)
Program Prerequisites
None
Advance Preparation
None
