Ethics and Circular 230 Self-Study
Each year, taxpayer actions or even changes in the law present tax return preparers with more and more ethical dilemmas. Circular 230, Regulations Governing Practice before the Internal Revenue Service, provides tax professionals with standards to prevent overstepping professional boundaries. This course summarizes key parts of Circular 230, reviews the rules governing unenrolled tax preparers, common tax preparer penalties, and due diligence for earned income credit, child tax credit, additional child tax credit, American opportunity tax credit and head of household filing status. Additionally, the course will review actual ethic-related court cases.
Upon completion of this course, you will be able to:
- Identify the Circular 230 rules governing individuals eligible to represent taxpayers before the IRS
- Identify the rules governing unenrolled tax preparers
- Identify common tax preparer penalties
- Identify due diligence requirements
This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.