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.
Learning Objectives
• Explain the role of ethics in the tax preparation industry
• Understand IRS rules and regulations as outlined in Circular 230
• Identify common ethical violations and the associated penalties
• Discuss procedures that encourage compliance with ethical guidelines
• Apply ethical principles to real-life tax situations
• Summarize 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
To complete this course participants need to: Answer polling questions to meet NASBA / IRS / State Board of Accountancies requirements for attendance verification.
Upon course completion a course evaluation form is provided for your feedback.
Participants have 1 year from the date of purchase/enrollment to complete this course
Our Refund Policy can be found at: https://cpeprime.com/cancellation-and-refund/