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Circular 230

  • Accountant
  • AFSP
  • CRTP
  • EA
  • ORTP
  • Maryland Tax Prep.

Published: November, 2021

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Before starting this self study program, please go through the instructional document.

  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Overview

  • IntroductionTaxpayer Bill of Rights
    6 mins
  • Oversight of the Tax Profession
    30 mins
  • Circular 230
    32 mins
  • Practice Before the Internal Revenue Service
    33 mins
  • Miscellaneous Circular 230 Provisions
    51 mins
  • Unenrolled Return Preparers
    57 mins
  • Best practices include the following:
    70 mins
  • Competence (§10.35)
    90 mins
  • Written Advice (§10.37)
    92 mins

Course Description

Internal Revenue Service Circular 230 is the guide for specifics on the responsibilities and duties required of those who prepare tax returns and, give tax advice, as well as detailing who may represent taxpayers before the IRS.

Circular 230 details the regulations governing tax practices. This course speaks to the ethical side of those practices. While most areas of your practice are cut and dry, there are many gray areas that if not handled properly, may cost a practitioner penalties or even the loss of a license.IRS Circular 230 Compliance Update will cover real life examples of tax ethics and how they can affect practitioners. Most violations of Circular 230 are incidental but still can affect the practitioner's right to practice before the IRS. In this topic, we will discuss the most common ethical provisions that practitioners go astray on. We will also look at the new developments in the tax ethics realm.A variety of rules place ethical constraints on the advice that tax practitioners can give clients. This webinar 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.

Since the current version of Circular 230 has not been rewritten to incorporate the results of IRS litigation losses since 2014, this is the only seminar where you will hear what the current law says (and does not say) about tax professionals’ ethical obligations in federal tax practice.This webinar provides practical steps for a practitioner to translate and implement those every-day life practices into your business, enabling you and your clients to avoid costly consequences.

This webinar will help tax practitioners, advisors, representatives and anyone who interacts on a regular basis with the Internal Revenue Service and advise clients on tax positions.

Internal Revenue Service Circular 230 is the guide for specifics on the responsibilities and duties required of those who prepare tax returns and, give tax advice, as well as detailing who may represent taxpayers before the IRS.

Circular 230 details the regulations governing tax practices. This course speaks to the ethical side of those practices. While most areas of your practice are cut and dry, there are many gray areas that if not handled properly, may cost a practitioner penalties or even the loss of a license.IRS Circular 230 Compliance Update will cover real life examples of tax ethics and how they can affect practitioners. Most violations of Circular 230 are incidental but still can affect the practitioner's right to practice before the IRS. In this topic, we will discuss the most common ethical provisions that practitioners go astray on. We will also look at the new developments in the tax ethics realm.A variety of rules place ethical constraints on the advice that tax practitioners can give clients. This webinar 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.

Since the current version of Circular 230 has not been rewritten to incorporate the results of IRS litigation losses since 2014, this is the only seminar where you will hear what the current law says (and does not say) about tax professionals’ ethical obligations in federal tax practice.This webinar provides practical steps for a practitioner to translate and implement those every-day life practices into your business, enabling you and your clients to avoid costly consequences.

This webinar will help tax practitioners, advisors, representatives and anyone who interacts on a regular basis with the Internal Revenue Service and advise clients on tax positions.

Learning Objectives

  • To identify the Taxpayer Bill of Rights
  • To recognize the Demonstrate ethical practices as they pertain to tax filings
  • To identify the ethical and beneficial planning strategies for clientele

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Accounting Practice Owners
  • Accounts Director
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Enrolled Agent
  • Entrepreneurial Accountant
  • Entrepreneurial CPA
  • Tax Attorney
  • Tax Director (Industry)
  • Tax Firm
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer
  • Tax Pros
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 2 CE Credit for Enrolled Agents (EA) (Approval No. GEHNZ-E-00202-20-S)
  • 2 CE Credit for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-0211)
  • 2 CE Credit for Annual Filing Season Program (AFSP)
  • 2 CE Credit for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-E-00202-20-S)
  • 2 CE Credit for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-E-00202-20-S)
  • 2 General Credit for Accountant/Bookeeper

Additional details

  • Course Level :
    Basic
  • Credits :
    2
  • Instructional Method :
    QAS Self Study
  • Pre-requisites :
    None
  • Advance Preparation :
    None

IRS APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CTEC APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor ID# : 6273) has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.

Presenter

About Presenter

Shelli Huston, CPA, MS

Owner, Werner-Rocca Seminars. Ltd

Shelli Huston is an Oregon native. She attended Warner Pacific College where she received a Bachelors in Business with an Emphasis in Accounting. After obtaining her CPA's license, she continued on to Golden Gate University where she received her Master's Degree in Taxation.

Shelli worked in a small tax firm for many years. In 2006, she opened up her own tax and accounting firm. She has watched her business grow and expand to include teaching and writing. Shelli has over 20 years of experience in personal, business, estate, trust, and gift taxation, as well as QuickBooks and payroll. She enjoys working with clients of all types and small businesses, especially new businesses.

Shelli is passionate about the importance of being the best professionals we can be. This profession comes with an inherent integrity that takes work to uphold. Through her participation in education, she is excited to assist in upholding the professionalism of the accounting and tax profession.

About Company

Werner-Rocca Seminars. Ltd

www.werner-rocca.com/

Werner-Rocca Seminars, Ltd., is the premier company in the United States providing Continuing Professional Education to CPAs and other financial professionals.  Specializing in the areas of Estate Planning, Financial Planning, Asset Protection Planning, Retirement and Fringe Benefit Planning, and Tax Planning, Werner-Rocca Seminars provides "Cutting-Edge CPE"​ training in many different educational formats.  These formats include live seminars, video streaming through the internet, and self-study.


Faq

FAQs content

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Ratings and Review

4.3

12 Ratings

Excellent

5

Very Good

6

Average

1

Poor

0

Terrible

0

JJ

Jonathan Johnson, CRTP

Jun 26th, 2022

The course felt a little out of date regardless of relevance to current tax law, was conducted with ease of comprehension and simplicity in a way that even an amateur would be able to follow well, and was conducted with humor and relatability to how people are. The people conducting the webinar felt human and not still, like they were here to help and guide instead of just instructing like a bored robot.

LS

Layton Smith, EA

Dec 28th, 2020

Great Class

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