Ethics for Tax Preparers - Evening Webinar

Summary

Each year, tax preparers are presented with a number of ethical dilemmas, whether it be due to taxpayer actions or changes in tax law. The Protecting Americans from Tax Hikes Act (PATH) expanded due diligence requirements to cover more tax credits, including the Section 24 Child Tax Credit and the American Opportunity Tax Credit. This year, the requirements extend to claiming Head of Household filing status. This webinar will review what you need to do to properly protect yourself, your practice and your clients, as well as what sorts of penalties the IRS imposes for ethical violations, by reviewing Circular 230 and the PATH Act.

Circular 230 sets standards to prevent us from overstepping professional boundaries, including how to run your office, make decisions, determine what questions to ask clients and decide what records to rely on. By the end of this course, you will be able to identify the current IRS return preparer initiatives, preparer penalties and ethical standards important to tax return preparers.

Objectives

Upon completion of this course, you will be able to:

  • Summarize the key points of Circular 230, Regulations Governing Practice before the Internal Revenue Service.
  • Summarize the key points of the PATH Act due diligence requirements and how they apply to taxpayers.
  • Identify preparer penalties.
  • Apply ethics rules as it relates to the real world tax office.
  • Summarize how to handle real life situations that emphasize due diligence.
  • Outline best practices to ensure compliance with the tax law and due diligence.

Course Details

Our researchers will answer your questions during the presentation. This webinar includes the presentation slides, Attendee Top Questions and access to the webinar recording.






   

Presented by: Kathryn M. Keane, EA

​​​​​How to Earn CPE

​To receive full credit for a webinar, you must respond to at least 70% of the polling questions that are asked by the instructor during the webinar and you must be logged in for at least 90% of the presentation.

Please allow up to 7 days for us to verify attendance and issue certificates.

Cancellation Policy

Because this is an online education offering, it is nonrefundable.

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