CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

Tax Ethics and Best Practices

  • AFSP
  • CPA (US)
  • EA
  • Tax Preparer
  • CTEC
Tax Ethics and Best Practices

2 Credits


Subject Area

Ethics (Regulatory)

Webinar Qualifies For

2 CPE credit of Ethics (Regulatory) for all CPAs

2 CE credit of Federal Tax for Enrolled Agents ( IRS Approved : GEHNZ )

2 CE credit of Ethics (Federal Tax) for California Tax Professionals (CTEC Approved - 6273)

2 CE credit of Ethics for Annual Filing Season Certificate program( IRS Approved : GEHNZ )

2 CE credit of Federal Tax Related Matters for Oregon Tax Preparers

2 CE credit of Practitioner Ethics for Maryland Tax Preparers

2 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Course Description

In this webinar, we will discuss sources and standards of tax ethics and best practices to ensure compliance and to avoid penalties. In reviewing the requirements of Circular 230, the AICPA Statements on Standards for Tax Services and the AICPA Code of Professional Conduct, we will touch on common practice issues including: what standards must be met to take a position on a tax return, when you can omit an answer to a question on a tax return, when you must verify information provided by a taxpayer or third party, the use of estimates, correcting errors and omissions on returns, responsibilities when faced with a conflict of interest, and the form and content of advice provided to taxpayers. We will also discuss the necessity of establishing data security plans, requirements for providing tax return documents to third parties, and requirements related to the retention of client records and other documents.

This online CPE webinar covers following key topics:

1. Introduction and discussion of general ethics principles

2. Sources of Rules and Standards Related to Tax Ethics including discussion of the following sections:

§10.21 Knowledge of client’s omission

§10.22 Diligence as to accuracy

§10.27 Fees

§10.28 Return of client’s records

§10.29 Conflicting interests

§10.30 Solicitation

§10.33 Best Practices for Tax Advisors

§10.34 Standards with respect to tax returns and documents, affidavits and other papers

§10.35 Competence

§10.36 Procedures to ensure compliance

§10.37 Requirements for written advice

3. Other Rules of Conduct applicable to tax professionals

Statements on Standards for Tax Services (SSTSs)

Review SSTS #1 through # 7 with key ethical issues highlighted

Briefly discuss AICPA project to review and update SSTSs

4. To discuss the six principles and key sections applicable to tax practice and state Board Rules and Regulations. 


Serve the public interest


Objectivity and Independence

Due care

Scope and nature of services

5. Risk Mitigation

The importance of engagement letters

Client acceptance and monitoring

Data security and privacy

6. Frequently Asked Questions

Learning Objectives

  • To recognize the major sources of malpractice claims in a tax practice
  • To identify the primary benefits of client engagement letters
  • To construct engagement letters using best practices to limit malpractice risk
  • To develop best practices surrounding client acceptance and monitoring
  • To recognize the key components of data security and privacy plans for your firm

Who Should Attend?

  • California Registered Tax Professional
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Enrolled Agent
  • Maryland Tax Preparers
  • Oregon Tax Preparers
  • Young CPA


    [average] => 4.7500
    [no_of_record] => 8




presenter was engaged, slides, handouts and personal anecdotes from presenter were most useful.


The webinar was very informative and the instructor provided relevant examples to reinforce the topics.