Tax Practice Standards

Overview

Please join us for a comprehensive discussion on standards that professionals must adhere to as tax practitioners.  We will be covering the major governing rules, such as Treasury Circular 230, the AICPA Statements on Standards for Tax Services (SSTS), the Internal Revenue Code (IRC) and common law.  Also included will be case studies illustrating dilemmas faced by tax practitioners.

**Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.
 

Highlights

• Treasury Circular 230
• AICPA Statements on Standards for Tax Services (SSTS)
• Internal Revenue Code (IRC)
• Common law

Prerequisites

None

Designed For

This course is ideal for CPAs, EAs, or other tax professionals.

Objectives

• Know the expectations for tax practitioners in serving clients, including the duty of confidentiality, competency and proper administration of the tax law.
• Understand the practitioner’s obligations to disclose certain client information when representing them against the IRS.
• Know the sources that govern tax practice, such as Treasury Circular 230, the SSTS, the IRC and common law.
• Understand the common law standards of reasonable behavior and when a tax practioner may be subject to negligence or other types of common law causes of action.

Preparation

None