Circular 230 And Beyond - IRS Ethical Standards

Eva Rosenberg, EA, MBA

TaxMama.com

  • AFSP
  • CPA
  • EA
  • Tax Preparer

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

Overview

  • Main outline of Circular 230
    3 mins
  • Who Can Practice Before the IRS?
    23 mins
  • Practitioner Definition
    24 mins
  • Who Has Any Rights At All? - Form 2848
    27 mins
  • Representation Outside the United States
    34 mins
  • Failure to Meet Requirements -CPAs, EAs
    41 mins
  • Diligence as to Accuracy-Sec. 10.22
    69 mins
  • Conflicts –Married Couples, Preparer
    86 mins
  • Secure Your Client Records
    89 mins

Course Description

Although the IRS has not updated Circular 230 in over half a decade, it is still the foundation for the ethical standards of tax professionals. Circular is meant to insure that practitioners are fit to practice before the IRS. Learn the Rules that practitioners must be aware of as they work with clients and represent clients before the IRS in any tax issues. It is critical to know how these changes will set new standards for quality tax practice and how those standards will be enforced by the IRS.

This course covers the current rules for powers of attorney, information access, IRS interactions, client privacy issues, and guidelines for professional advertising.

Topics Covered

    • Overview of Circular 230
    • Filling in the missing updates
    • Annual Filing Season Program requirements (AFSP)
    • Interacting with OPR
    • Brief Glossary
    • Practitioners re: POA: Limitations, Special Rules, and No Longer Eligible
    • Advertising and Fees

This is designed for tax practitioners who want to learn to interact with clients professionally, avoid potential conflicts of interest issues between clients or between themselves and clients, to learn more about their rights and responsibilities with respect to powers of attorney and IRS representation.

Learning Objectives

  • To identify IRS representation and privacy issues
  • To identify who may represent an individual or entity before personnel of the IRS
  • To understand how to use the AFSP when you are not an EA, CPA or Attorney
  • To identify what an unenrolled preparer may do
  • To understand continuing education and record retention requirements

Who Should Attend?

  • CPA (Industry)
  • CPA - Large Firm
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Enrolled Agent
  • Entrepreneurial CPA