This course will discuss the various issues and interpretations of Treasury Circular 230 and will include an expansive look at the Statements of Standards on Tax Services promulgated by the American Institute of CPAs.
Receive practical, hands-on experience on various ethical dilemmas CPAs face and how an ethics case finds itself through the IRS Office of Professional Responsibility. Understand how to best protect the CPA Practicing and Tax Services by learning the best practices associated with delivering tax returns and tax advice to clients, whether in the form of tax planning, mergers and acquisitions, or handling a tax controversy.
Find out how appropriate defenses have been successfully raised when tax practitioners have been accused of preparer penalties or other types of ethical accusations followed by a discussion of best practices to avoid ethical issues and dilemmas.
Note: This course qualifies to count toward the WICPA membership Ethics CPE requirement.