Circular 230 Ethics (Latest updates 2021)

4.4 (846)

Nicholas Preusch, CPA

YHB | CPAs & Consultants

  • AFSP
  • EA
  • Tax Preparer
  • CTEC

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

Overview

  • How OPR is structured? What to expect if facing an OPR investigation?
    5 mins
  • Ethical responsibilities of a practitioner
    20 mins
  • Real-life examples of places that practitioners violated Circular 230
    35 mins
  • Other sources of ethical information
    42 mins
  • New changes to Circular 230
    54 mins

Course Description

This webinar is designed to meet the general ethics requirements for CPAs licensed in various states.

The webinar will provide the CPA with an ethical framework that can be used to sort ethical dilemmas. In addition to conceptual theories, it provides detailed guidance on the applicable specific laws, rules, and regulations. The webinar also provides the tools to spot questionable ethical practices and acts as a detailed reference guide to research the appropriate ethical response to virtually any situation. Currently, the IRS only requires practitioners who represent taxpayers before the IRS to follow Circular 230 due to the Loving case. Even though tax representation creates a jurisdiction hook, tax representatives can still run afoul for tax preparation issues under Circular 230.

In this webinar we will discuss key Circular 230 provisions and how some have been changed through litigation. The session covers the basics of 

  • IRS Office Professional Responsibility
  • How it functions
  • Handles cases and interacts with tax practitioners
  • Jurisdictional issues of Circular 230 and the sanction power of OPR. 
  • What to do in a situation where OPR reaches out to you as a practitioner for possible violations of Circular 230.

Learning Objectives

  • To identify basics of the IRS Office Professional Responsibility
  • To recognized jurisdictional issues of who is subject to Circular 230
  • To identify how OPR could levy a penalty
  • To recall the sections of Circular 230 that create a duty for tax practitioners to follow as not to violate Circular

Who Should Attend?

  • Accountant
  • CPA (Industry)
  • CPA - Large Firm
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Enrolled Agent
  • QB Pro Advisor
  • Tax Attorney
  • Tax Firm
  • Tax Practitioners
  • Tax Pros

Testimonial

4.4

(846)
56%
32%
10%
2%
1%

SA

Fantastic Teacher! Great coverage of the material. Presenter gave good suggestions for best practices within the firms to stay in compliance. Made what can be a dry topic interesting with the actual examples of real life cases.

PW

This was a great training on ethics. Included some different perspectives that I didn't expect.I learned far more in this webinar than any other Ethics course I've ever taken. I very much enjoyed the presentation and how interesting the whole topic of Ethics is in formulating rules, etc.

HF

The speaker was engaging and sounded highly knowledgeable. He provided clear examples to demonstrate the points on his slides and did not clutter his presentation.

SS

This was a good opportunity. Excellent and thought provoking. Knowledgeable presenter and detailed slides provided as a resource to be able to refer back to after the presentation completed. Thank You Nicholas.

KK

Really enjoyed this webinar - good information and format. "This was a very good class. The instructor was extremely knowledgeable and forward looking. I found his sharing of the new standards and guidelines that are proposed and in process to be particularly beneficial and interesting.

SS

Excellent presenter with pertinent information