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Circular 230 Ethics (Latest)

  • AFSP
  • CPA (US)
  • EA
  • Tax Preparer
  • CRTP

This Course is Also Available in Self Study (On-Demand)

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  • Course Description
  • Course Qualification
  • Presenter
  • Faq

Course Description

Course Description

Many changes have taken place for business professionals due to COVID-19. Most workplaces have transitioned to fully remote operations, and there is an abundance of new rules and regulations to navigate through. In these difficult times, accounting and tax professionals must especially stay up to date on ethical practices and new quality control procedures.

Ethical issues for tax practitioners typically arise from a conflict among the duties owed to the client, to the system, and to yourself. When conflicts arise, it is important to understand what standards will be used to judge your conduct. This program will review Circular 230, and selected tax penalties, and discuss specific situations, both in the context of tax planning and return preparation. 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. The Free Ethics Webinar covers the basics of IRS Office Professional Responsibility, how it functions, and interacts with tax practitioners.

In this online ethics webinar, you will learn the ins and outs of Circular 230. Circular 230 is where tax practitioners have their main source of ethics. Oftentimes, practitioners can inadvertently go astray of these rules. This webinar will look at real-life examples of practitioners who violated Circular 230.

Key topics covered in this online Free Ethics CPE webinar are as follows:                                                                      

  • Prepare for new changes in the ethics world
  • Identify the rules that apply to taxes
  • Locate resources for tax ethics
  • Who is subject to Circular 230
  • Develop quality control procedures for your tax practice
  • Apply the rules for Circular 230 to real-life examples
  • Maintain an ethical tax practice
  • 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
  •  The rules relating to PTINs and who needs them
  • Discuss sticky ethical situations and how to handle them

Learning Objectives

  • To know where to look for ethical tax guidance
  • To determine which parts of Circular 230 apply to your practice
  • To discuss how to properly utilize due diligence in tax practice
  • To discuss ways to limit your professional liability with the use of ethical procedures
  • How to Create a tax quality control document

Recommended For

This IRS-Approved CE course is recommended for CPAs, EAs, AFSPs, Tax Preparers seeking to fulfill their regulatory ethics CE requirement while updating themselves with Circular 230.

Who Should Attend?

  • California Registered Tax Professional
  • CPA - Large Firm
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Enrolled Agent
  • Maryland Tax Preparers
  • Oregon Tax Preparers
  • Tax Attorney
  • Tax Firm
  • Tax Practitioners
  • Tax Professionals
  • Tax Pros
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 2 CE Credit of Maryland State Ethics for Tax Professionals (Approval No. GEHNZ-E-00543-21-O)
  • 2 CE Credit of Maryland State Ethics for Tax Professionals (Approval No. GEHNZ-E-00543-21-O)
  • 2 CE Credit of Federal Tax Related Matters for Tax Professionals (Approval No. GEHNZ-E-00543-21-O)
  • 2 CE Credit of Federal Tax Related Matters for Tax Professionals (Approval No. GEHNZ-E-00543-21-O)
  • 2 CE Credit of Ethics for Enrolled Agents (EA) (Approval No. GEHNZ-E-00543-21-O)
  • 2 CPE Credit of Ethics (Regulatory) for Certified Public Accountants (CPA-US)
  • 2 CE Credit of Ethics (Regulatory) for California Registered Tax Preparers(CRTP) (Approval No. 6273-CE-0524)
  • 2 CE Credit of Taxes for Annual Filing Season Program (AFSP)

Presenter

About Presenter

Nicholas Preusch

Certified Public Accountant (CPA) Nicholas Preusch

Nicholas has worked with the Internal Revenue Service as a Revenue Agent and an Attorney with the IRS Office of Professional Responsibility. Nicholas has authored publications for the AICPA’s Journal of Accountancy, AICPA’s Tax Advisor, NATP’s Tax Pro Journal, and CCH’s Journal of Tax Practice and Procedure. He also co-authored a textbook, Tax Preparer Penalties and Circular 230 Enforcement, published by Thomson Reuters. Nicholas has been recognized as the Top 5 Under 35 CPAs in Virginia, and is a member of the  AICPA’s Tax Executive Committee. Nicholas is an adjunct professor at the University of Mary Washington. He is a graduate of Carthage College, University of Connecticut (M.S. in Accounting), Case Western Reserve University School of Law (J.D.), and Georgetown University (LLM in Taxation).

About Company

Nicholas Preusch

yhbcpa.com/

Nicholas Preusch, CPA, JD, LLM, is a tax manager with PBMares, LLP. Nicholas has worked with the Internal Revenue Service as a Revenue Agent and an Attorney with the IRS Office of Professional Responsibility. Nicholas has authored publications for the AICPA’s Journal of Accountancy, AICPA’s Tax Advisor, NATP’s Tax Pro Journal, and CCH’s Journal of Tax Practice and Procedure. He also co-authored a textbook, Tax Preparer Penalties and Circular 230 Enforcement, published by Thomson Reuters. Nicholas has been recognized as the Top 5 Under 35 CPAs in Virginia, and is a member of the VSCPA’s Tax Advisory Committee and the AICPA’s Tax Practice and Responsibilities Committee. Nicholas is an adjunct professor with the University of Mary Washington. He is a graduate of Carthage College, University of Connecticut (M.S. in Accounting), Case Western Reserve University School of Law (J.D.), and Georgetown University (LLM in Taxation).


Faq

FAQs content

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Ratings and Review

4.5

4868 Ratings

Excellent

2758

Very Good

1668

Average

377

Poor

47

Terrible

18

PW

Psela Wilpon, AFSP

Nov 9th, 2019

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

Harrold Flemins, ACCT/BK, CPA (US)

Nov 8th, 2019

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

Susan Schiller, Tax Pros

Nov 7th, 2019

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

Kathleen Kustra, EA

Nov 7th, 2019

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.

VKPM

Vijay Kumar Parashiva Murthy, EA

Jan 1st, 2022

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Circular 230 Ethics (Latest)

$20

2 Credits

Subject Area

Ethics (Regulatory)

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