Enrolled Agent (EA) Ethics | IRS Tax CE Ethics Self Study Course

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Course Description
Course Qualification
Presenter
FAQ

Course Description

Overview

Tax quality control

9 mins
Updates in ethics

25 mins
Due diligence on taxes

31 mins
Client omissions

48 mins
False and misleading information

69 mins
Other practitioner penalties

89 mins

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.

Circular 230 is where tax practitioners have their main source of ethics. Oftentimes, practitioners can inadvertently go astray from these rules. It is the document that contains – it has a statute on the front cover and then the rest of it is those regulations detailing a tax professional's duties and obligations while practicing before the IRS. And it has several sections. It has sections regarding who can practice before the IRS.

In this CPE webinar, you will learn the ins and outs of Circular 230 and look at real-life examples of practitioners who violated Circular 230.

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 CPE Online Course qualifies for Enrolled Agents' annual ethics will look at updates in the ethics world for 2022 and how they will apply to tax practices.

Speaker Nicholas Preusch has worked with the Internal Revenue Service as a Revenue Agent and an Attorney with the IRS Office of Professional Responsibility. Click Here to explore his webinars on related subjects.

Learning Objectives

To explain where to look for ethical tax guidance.
To determine which parts of Circular 230 apply to your practice.
To explore how to properly utilize due diligence in tax practice.
To discuss how to limit your professional liability with the use of ethical procedures.
To create a tax quality control document.

Recommended For

This IRS-approved CPE webinar is recommended for Enrolled Agents aiming to complete their regulatory ethics CPE requirements while updating themselves with Circular 230.

Who Should Attend?

Accountant
Accounting Firm
Accounting Managers
Business Owner
CPA (Industry)
CPA - Mid Size Firm
CPA - Small Firm
Young CPA

Course Qualification

Webinar Qualifies For

2 CE Credit for Enrolled Agents (EA) (Approval No. GEHNZ-E-01029-22-S)

Additional details

Course Level :

Basic
Credits :

2
Instructional Method :

QAS Self Study
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 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.

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).

Faq

FAQs content

To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
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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

4.9

15 Ratings

Excellent

Very Good

Average

Poor

Terrible

Neil Buchholtz, EA

Apr 19th, 2022

Very good use of examples to keep things relevant.

Nettie Wood, EA

Apr 16th, 2022

Will discuss guide to my assistant.

Lynn Eichbrecht, EA

Apr 15th, 2022

Very interesting! Most ethics seminars are boring. This was very interesting and the presenter was extremely informative with real world examples of ethics violations.