Course Description
This online continuing education course is designed to meet the general
ethics requirements for CPAs licensed in various states. It covers IRS Circular 230, AICPA Statements on Standards for Tax Services,
IRS practice issues and the IRC Sec. 6694(a) tax return practitioner penalty.
This free ethics course is designed to provide the CPA with an ethical
framework used to sort through ethical dilemmas. In addition to conceptual
theories, it provides detailed guidance on the applicable specific laws, rules,
and regulations. The ethics course is designed to serve a dual purpose, the
course 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.
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.
In this practical CPE webinar, you will explore new changes to the
ethics world and discuss how accountants can maintain an ethical practice.
In this Free Ethics webinar, you will also learn the ins and outs of Circular 230.
Circular 230 is where tax practitioners have their main source of ethics. Often times, 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 tax ethics webinar
- What does practice before the IRS mean?
- Who may practice before the IRS?
- What should a tax preparer do if he or she has
knowledge of a client's omission of income from a tax return?
- May a tax preparer rely on the work of other
tax return preparers?
- May a tax preparer rely on and use
client-provided information?
- Standards associated with giving advice to
clients
- Abolition of the disclaimer requirement
- When must a tax preparer examine a client’s
books and records?
- Prepare for new changes in the ethics world
- Identify the rules that apply to taxes
- Locate resources for tax ethics
- Develop quality control procedures for your
tax practice
- Apply the rules for Circular 230 to real-life
examples
- Maintain an ethical tax practice
Learning Objectives
- To discuss Circular 230 - IRS tax ethics
- To discuss SSTS - AICPAs Statement of Standards on Tax Services
- To discuss Unenrolled practitioner - anyone who is not an EA, CPA, or attorney
- To discuss the Ethics - more set of rules that guide the tax practice world
- To Know where to look for ethical tax guidance
Who Should Attend?
- Bookkeepers & Accountants & Tax Preparers
- California Registered Tax Professional
- CPA (Industry)
- CPA - Large Firm
- CPA - Mid Size Firm
- CPA - Small Firm
- Maryland Tax Preparers
- Oregon Tax Preparers
- Tax Accountant (Industry)
- Tax Attorney
- Tax Firm
- Tax Managers
- Tax Practitioners
- Tax Preparer
- Tax Professionals
- Young CPA
