Description
This course provides a comprehensive overview of the ethical standards and principles governing tax practice, as outlined in IRS Circular 230. Participants will explore the importance of ethics in the tax preparation industry, review IRS rules, and examine common ethical violations and their associated penalties. The course emphasizes procedures that promote compliance with ethical guidelines, equipping tax practitioners to navigate complex ethical dilemmas confidently. Real-world scenarios will be used to demonstrate the application of ethical principles in tax preparation and representation.
Objective
After attending this presentation, you will be able to...
- Assess the role of ethics in the tax preparation industry
- Analyze IRS rules and regulations as outlined in Circular 230
- Identify common ethical violations and the associated penalties
- Recall procedures that encourage compliance with ethical guidelines
- Apply ethical principles to real-life tax situations
- Analyze relevant provisions of Circular 230 applicable to tax return preparation and IRS representation
- Evaluate the impact of ethical behavior on professional reputation and compliance
- Develop strategies to prevent and address ethical violations in tax practice
Advanced Preparation
None
Required Knowledge
None
Who Should Attend
CPAs, EAs, Tax Professionals, Attorneys
Credit Types
- CPE – Regulatory Ethics
Event Level:Basic
Event Code:ODX01426
External ID:ODX01426
Event Vendor:CPA Crossings, LLC
Fields of Study:CPE - Regulatory Ethics
Other fields:
- On Demand
Registration Fees
| Registration | Type | Price |
|---|---|---|
| ODX01426: Registration – Member | Mem | $105 |
| ODX01426: Registration – Non-Member | NM | $230 |
The North Carolina Association of Certified Public Accountants 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: www.nasbaregistry.org/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.