Ethical Practices and Responsibilities Under Circular 230
Overview
The IRS has recently issued proposed regulations to update the Circular 230 rules for all tax practitioners, amending these rules in various ways to reflect changes in the law. This session will review these new rules and discuss their impact on your tax practice. The course also covers in detail major provisions of Circular 230 and analyses them using factual situations.
*Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Handouts Tab and submit to kori.herrera@acpen.com
Highlights
- Circular 230 (IRS) rules for conducting a tax practice
- Provide guidelines for registered tax return preparers and tax return preparation
- Contingent fees
- Proposed new rules addressing the evolving nature of tax practice
- Conflict of interest, best practices, errors and omissions, written opinion requirements
- Evolving rules for CPA "mobility"
- History and background for Circular 230
Prerequisites
None
Designed For
CPAs in public practices and members in industry
Objectives
- Identify current and proposed Circular 230 rules
- Apply guidance to professionals in public practice accounting
Preparation
None
Notice
This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by Accounting Continuing Professional Education Network (ACPEN).
Leader(s):
Leader Bios
Steven Dilley PhD, Federal Tax Workshops Inc
Steven C. Dilley is a professor at Michigan State University where he teaches tax accounting. He obtained his PhD in accounting from the University of Wisconsin-Madison in 1972. In 1969 he also received a law degree and an undergraduate accounting degree from UW-Madison. He is a member of the Wisconsin Bar Association, the American Bar Association, the Wisconsin Institute of CPAs, the Michigan Association of CPAs, the American Accounting Association, the American Institute of CPAs, the American Taxation Association, and the Hawaii Association of Public Accountants. Steve is the President of the Federal Tax Workshops, Inc. This organization prepares continuing education materials and presents continuing education programs for accountants and attorneys throughout the United States. Steve is nationally known for his knowledge of taxation in general and especially for his knowledge of the financial, accounting, and tax problems of the closely held business. He has published numerous articles on those topics.
Non-Member Price $109.00
Member Price $79.00