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Circular 230 and Rogue Return Preparers 2 Credits

Circular 230 and Rogue Return Preparers 2 Credits

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Nov 15, 2024 | 11:00 AM ET

Learning Objective

  • To estimate the importance of Circular 230.
  • To recall the penalties for violating Circular 230.
  • To recognize the duties in practicing before the IRS.
  • To recognize the common problems with clients.
  • To identify common schemes in false tax returns.
  • To review real examples of violations of Circular 230.

Course Overview

Preparing tax returns doesn't necessitate professional status, but it does demand strict adherence to regulations when handling tax-related matters and representing clients before the IRS. 

Circular 230 serves as the definitive guidebook the United States Treasury employs to govern and regulate these activities. The consequences for violating statutes and regulations related to tax preparation can be severe, with return preparers facing sanctions, penalties, and, in some cases, imprisonment. For CPA firms that are heavily involved in tax preparation, understanding and abiding by Circular 230 is essential. This comprehensive course is indispensable, providing insights that empower CPAs to navigate the intricate rules confidently. Yearly, numerous return preparers violate these regulations, only to be identified and penalized by the IRS. 

Join this CPE Course to equip CPAs with a thorough understanding of the rules, ensuring compliance and instilling confidence when delivering tax preparation and IRS representation services to clients.

Key Topics:

  • The authority of Circular 230 on return preparers
  • The possible penalties for violating Circular 230
  • How to answer ethical situations with clients
  • Characteristics of return preparers who prepare false tax returns
  • How to identify the violations in real-life examples

View more EA CE Courses for your continuing education.

Dive into the world of CPA CPE Courses with MY-CPE. Our online courses are here to help you complete your CPA CPE credits seamlessly. We cover a wide range of topics delivered by professional subject matter experts. Forget the traditional way of learning with flexible scheduling and learn at your own pace. Join us and start your journey toward professional growth today!

  • 2 CPE Credit of Regulatory Ethics for Certified Public Accountants (CPA-US)
  • 2 General Credit of Regulatory Ethics for Accountant/Bookkeeper/Tax Professionals
  • 2 CE Credit of Federal ethics for Enrolled Agents (EA) (Approval No. GEHNZ-E-01796-23-S)
  • 2 CE Credit of Federal ethics for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-E-01796-23-S)
  • 2 CE Credit of Federal ethics for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-1437)
  • 2 CE Credit of Federal ethics for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-E-01796-23-S)
  • 2 CE Credit of Federal ethics for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-E-01796-23-S)
  • 2 CE Credit of Federal ethics for Enrolled Retirement Plan Agent (ERPA) (Approval No. GEHNZ-E-01796-23-S)
  • 2 CE Credit of Federal ethics for LTC (Approval No. GEHNZ-E-01796-23-S)
  • 2 CPE Credit of Regulatory Ethics for Iowa Licensed Public Accountant (IA-LPA)
  • 2 CPE Credit of Regulatory Ethics for Maine Licensed Public Accountant (ME-LPA)
  • 2 CPE Credit of Regulatory Ethics for Delaware Licensed Public Accountant (DE-LPA)

  • 2 CPE Credit of Regulatory Ethics for Certified Public Accountants (CPA-US)
  • 2 General Credit of Regulatory Ethics for Accountant/Bookkeeper/Tax Professionals
  • 2 CE Credit of Federal ethics for Enrolled Agents (EA) (Approval No. GEHNZ-E-01796-23-O)
  • 2 CE Credit of Federal ethics for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-E-01796-23-O)
  • 2 CE Credit of Federal ethics for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-1437)
  • 2 CE Credit of Federal ethics for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-E-01796-23-O)
  • 2 CE Credit of Federal ethics for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-E-01796-23-O)
  • 2 CE Credit of Federal ethics for LTC (Approval No. GEHNZ-E-01796-23-O)
  • 2 CPE Credit of Regulatory Ethics for Iowa Licensed Public Accountant (IA-LPA)
  • 2 CPE Credit of Regulatory Ethics for Maine Licensed Public Accountant (ME-LPA)
  • 2 CPE Credit of Regulatory Ethics for Delaware Licensed Public Accountant (DE-LPA)

Additional Information

Credits

2

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

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 aintenance 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.

NASBA APPROVED

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

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

About Instructor

  • I am the principal member of Nordlander CPA, PLLC, a boutique forensic accounting, and tax resolution firm. www.nordlandercpa.com
  • As a former special agent with 20 years of experience, I have expertise in fraud investigations, forensic accounting, cryptocurrency, and criminal financial violations of the Internal Revenue Code and money laundering. I have testified in federal court proceedings about financial evidence and its conclusions.
  • I have also seized millions of dollars in assets in real estate, bank accounts, mutual funds, and vehicles by tracing their origins to criminal proceeds. I teach forensic accounting and investigative techniques in the United States and foreign countries as a certified field instructor.
  • Leadership positions include Cyber Crime Coordinator which is a subject matter expert for special agents in three states for detecting, investigating, and developing related cyber crimes, developing curriculum for further training, certified in tracing cryptocurrency using Chainalysis, being a liaison between the Cyber Crime Unit in DC and the Field, temporarily detailed to CCU in DC; On the Job Instructor for new special agents; Use of Force Coordinator for approximately 100 special agents in three states, which required supervision of firearms training, medical training, building entry, active shooter, and maintaining equipment for enforcement actions; Certified Field Instructor to develop curriculum, give presentations, and assess other instructors.
  • Also host of the "Fraud Fighter Podcast", where tips, techniques, training, and opportunities are discussed regarding fraud and forensic accounting www.fraudfighterpodcast.com

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Ratings and Review

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EM

Eric Mcgaugh, CPA (US)

Really good and thorough tax preparer ethics presentation. Plenty of important information without going into to too many unnecessary details. The presenter was clear and thorough and proceeded at an appropriate pace.

AS

Amber Storms, EA

It's always great to hear stories straight from the battlefield and how they can apply to your own practice. This was a very palatable and fun presentation, and I appreciated the Circular 230 references too.

Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

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