Tax Practitioner Responsibilities & Ethics

November 1st, 2023 - November 1st, 2023 @ 8:45 am-12:15pm

Member Price $225
Non-Member Price $285
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Credits

4

Description

Tax practitioners are under increased regulation as to their tax practices. Both the IRS and AICPA have increased the responsibilities of practitioners. The IRS imposes penalties for those who do not follow their regulations. Many practitioners are not aware of how simple procedures can result in severe disciplinary action.

 
 

Objectives

Participants will be able to:
• Understand responsibilities that are required by Circular 230
• Understand complex preparer penalties and ways to avoid them
• Understand how the AICPA Code of Professional Conduct, Tax Standards, and Attestation Standards affect tax practitioners
• Understand the need to properly address (or avoid) client requests for comfort letters
 

Major Subjects

 
• Responsibilities required by Circular 230
• Complex preparer penalties and ways to avoid them
• How the AICPA Code of Professional Conduct, Tax Standards, and Attestation Standards affect tax practitioners
• The need to properly address (or avoid) client requests for comfort letters
 

Prerequisites