Ethical issues for tax practitioners typically arise from a conflict among the duties owed to the client, to the system, and yourself. When conflicts arise, it is important to understand what standards will be used to judge your conduct. This online CE webinar program will review Circular 230, and selected tax penalties, and discuss specific situations, both in the context of tax planning and return preparation. Currently, the IRS only requires practitioners who represent taxpayers before the IRS to follow Circular 230 due to the Loving case. Even though tax representation creates a jurisdiction hook, tax representatives can still run afoul for tax preparation issues under Circular 230. The webinar session covers the basics of IRS Office Professional Responsibility, how it functions, and interacts with tax practitioners. We will also cover, jurisdictional issues of who is subject to Circular 230 and the sanction power of OPR. We will also cover what to do in a situation where OPR reaches out to you as a practitioner for possible violations of Circular 230.

Ethical dilemmas are found at every turn in tax practice. This Online CE Webinar will dive into the rules and regulations surrounding tax practice, and how to deal with tricky ethical situations. We will discuss Circular 230 and other regulations relating to tax practice, and discuss the PTIN rules.

Learning Objectives:-

• To identify what Circular 230 says.
• To identify what the PTIN rules say.
• To recall who needs a PTIN?
• To recognize various ways of handling tricky ethical situations with clients
• To identify other rules of practice, including IRS regulations, sanctions, etc.

  Who Should Attend?

• California Registered Tax Professional
• CPA - Large Firm
• CPA - Mid Size Firm
• CPA - Small Firm
• Enrolled Agent
• Maryland Tax Preparers
• Oregon Tax Preparers
• Tax Attorney
• Tax Firm
• Tax Managers
• Tax Practitioners
• Tax Preparer
• Tax Professionals
• Tax Pros
• Trust & Estate Tax Professional
• Young CPA