Ethics in Tax Practice
A tax practitioner who practices before the IRS must conduct his or her own practice in accordance with professional rules and standards drawn from several different sources.
Practice before the IRS is governed by regulations establishing standards of professional conduct for those who engage in practice before it. These regulations are commonly known as “Circular 230,” the name of the Treasury Department publication containing them.
In addition to the ethical standard referenced above, tax practitioners, like all citizens, are required to abide by the law. Specific legal requirements are imposed by statute that relate directly to the manner in which a tax professional conducts his or her practice. The Internal Revenue Code contains preparer penalties that establish minimum standards for accuracy with respect to return positions taken on federal tax returns (Sections 6692–6694).
This lecture navigates through Circular 230 and the Preparer Penalty statutes to enable a tax practitioner to work with clients and take tax positions with confidence that all ethical rules are satisfied.
Dates and Locations:
Course # BT597-001
Wednesday, November 14, 2012
Lane Community College
4000 East 30th Avenue
Eugene, Oregon 97405
Course # BT597-002
Wednesday, December 5, 2012
Holiday Inn Portland Airport
8439 NE Columbia Boulevard
Portland, Oregon 97220
Course # BT597-003
Wednesday, December 12, 2012
Holiday Inn Select Portland South
25425 SW 95th Avenue
Wilsonville, Oregon 97070
- Other licensed tax professionals, such as CFOs and controllers
This three-hour lecture covers:
- Explanation of Preparer Penalties under Section 6694 of the Internal Revenue Code
- IRS Circular 230, which regulates the ethics of tax practice and what tax practitioners should/should not do