Course ID: EPRTAXP

Ethics and Professional Responsibilities for Tax Professionals

Tax professionals need to ensure that their clients meet all compliance requirements and avoid penalties. In this course, we will review the most common tax penalties that individuals can incur and the confidence taxpayers must have in their reporting decisions to avoid compliance penalties. Tax-preparer penalties are also discussed. We also review the ethical and professional responsibilities for tax professionals that are provided in Circular 230 and the AICPA’s Statements on Standards for Tax Services.

In-person and live webcast CPE credit: up to 4.0

Learning Objectives

After completing this course, you will be able to:

Identify the rules for tax penalties for individual taxpayers and tax professionals.
Distinguish between professional and unprofessional actions related to tax professionals’ role with clients.
Recall the basic provisions of Circular 230 and the AICPA’s Statements on Standards for Tax Services.

Major Topics

Tax compliance rules
Statements on:
- Standards for Tax Services
- Circular 230

Advanced Preparations

None

Who Should Attend

Any level tax practitioner.

Fields of Study

Taxes

Prerequisites

None

Provider

Business Learning Institute

CPE Credits

4.0

Level

Basic

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