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Be Tax Ready - Understanding Rules for Due Diligence

  • Accountant
  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • MRTP
  • CWS
  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Course Description

U.S. tax preparers are subject to tax laws that require them to exercise due diligence when they prepare tax returns for taxpayers who claim certain financially advantageous credits:

  • Earned Income Tax Credit or EITC: A substantial credit mainly for low- and middle-income families with children
  • Child Tax Credit or CTC: A credit for taxpayers with certain qualifying children, usually reduces tax, but rarely increases refunds
  • Additional Child Tax Credit or ACTC: May allow refund not allowed under CTC
  • American Opportunity Tax Credit: Educational credit for eligible students during the first four years of postsecondary education

In November 2018, the IRS finalized regulations that expand tax-preparer due-diligence requirements to also include instances when they prepare returns for taxpayers filing as head of household. Head of the household status gives an unmarried filer with qualifying dependent tax advantages over those filing as single, so the agency wants to be sure that head-of-household filers qualify since these filers will likely owe less tax.

Due diligence requires paid preparers to satisfy these four tests when a return claims any of the four tax benefits listed above:

  1. Complete Form 8867, Paid Preparer’s Due Diligence Checklist, and submit it with the return.
  2. Make sure any claimed benefit is based on facts.
  3. Ask the taxpayer the right questions.
  4. Keep records for three years.

These due diligence tests may be especially challenging for the 2022 filing season, given the substantial changes in the CTC and the EITC for 2021. And due diligence is always important because the IRS can impose substantial penalties on return preparers who fail to satisfy the requirements.

This CE/CPE webinar will discuss paid preparer diligence requirements for the EITC, CTC/ACTC/ODC, AOTC and head of household filing status, and much more.

Learning Objectives

  • To discuss the due diligence requirements of paid tax return preparer.
  • To analyze four tests required to be satisfied for due diligence requirements.
  • To explain Form 8867.
  • To discuss the questions that tax return preparer needs to ask the taxpayer for due diligence.
  • To inspect the changes in the IRS guidelines.

Recommended For

  • This IRS Approved CE webinar will be insightful for CPAs, EAs, AFSPs, CRTPs, MRTPs, ORTPS, and other Tax Professionals wanting to understand due diligence requirements for the EITC, CTC/ACTC/ODC, AOTC, and head of household filing status.

Who Should Attend?

  • Bookkeepers & Accountants & Tax Preparers
  • California Registered Tax Professional
  • Certified Public Accountant (CPA)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Enrolled Agent
  • Maryland Tax Preparers
  • Oregon Tax Preparers
  • Tax Preparer

Course Qualification

Webinar Qualifies For

  • 1 CE Credit for Annual Filing Season Program (AFSP)
  • 1 CE Credit for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-0869)
  • 1 CPE Credit of Taxes for Certified Public Accountants (CPA-US)
  • 1 CE Credit for Enrolled Agents (EA) (Approval No. GEHNZ-T-00932-22-O)
  • 1 CE Credit for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-00932-22-O)
  • 1 CE Credit for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-00932-22-O)
  • 1 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
  • 1 CE Credit for Certified Wealth Strategist (CWS)
  • 1 General Credit for Accountant/Bookkeeper/Tax Professionals

Additional details

  • Course Level :
  • Credits :
  • Instructional Method :
    Group Internet Based
  • Pre-requisites :
  • Advance Preparation :


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.


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 through its website:


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


About Presenter

Tammy Gay

Senior Stakeholder Liaison, Internal Revenue Service

Tammy Gay is currently a Senior Stakeholder Liaison in the Communications & Liaisons Division of the Internal Revenue Service. As a Senior Stakeholder Liaison, she collaborates, informs, and communicates priority outreach messages to all taxpayer communities, including major employers, community associations and tax practitioner organizations to provide significant messages that impact taxpayers.

Tammy is assigned to cover the State of Illinois. She has been employed by the IRS since October 2008. During her IRS career Tammy has held several professional positions including:

  • Various call-site positions including Lead Customer Service Representative;
  • Various positions with Taxpayer Advocate Service including Group Manager; and
  • Senior Stakeholder Liaison

The skills and expertise Tammy have gained throughout her 13-year career has given her knowledge of policies, procedures and work processes within the IRS. 

About Company

Internal Revenue Service

The Internal Revenue Service's official LinkedIn account features IRS updates to help America's taxpayers understand and meet their tax responsibilities and enforce the law with integrity and fairness to all. See also our job opportunities and follow

The U.S. government does not promote or endorse any non-government or commercial content appearing on this page. This service is operated by a third party and not an official government website. The IRS strongly discourages you from providing personally identifiable information. Read our privacy policy at


FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
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  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
  • If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link :
  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.

Ratings and Review


175 Ratings



Very Good









Jacalyn Hughes, EA

Mar 17th, 2022

Tammy Gay, presenter, gave the best presentation that I have ever heard on this topic. She made the key points so clear and understandable and emphasized the supporting materials on the IRS web site. Thank you Tammy -- this program was well worth my time and attention.


Adulia Wright, EA

Mar 17th, 2022

Needs to method to get handout of slides BEFORE presentation and, not have to keep contacting either in Q&A or support to be able to download them. This has become an ongoing frustration this year.


Donna Walker, AFSP

Mar 17th, 2022

I really enjoyed the expertise and professionalism of the moderator. She was extremely easy to follow and made sure that ALL questions were answered satisfactorily.

Tracy Mathews
Tracy Mathews, Accountant, AFSP

Mar 17th, 2022

The presenter did a great job! It helped to have a little insight on the process and how to effectively ask questions to clients and keep ourselves covered!


Nicole Serra, CPA (US)

Mar 17th, 2022

I have seen tax returns without Form 8867- resulting in incorrectly filed tax returns. I have notified the IRS on the amended returns.

Be Tax Ready - Understanding Rules for Due Diligence


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