During 2011 the IRS made major revisions to Circular 230. We all try to the right thing but many of us have busy practices and those pressures may cause us to inadvertently face an ethical problem. Circular 230 has recently been revised and it has imposed new duties and responsibilities upon practitioners who represent taxpayers before the IRS. Anyone who practices before the IRS must comply with these requirements. This class is designed to help you avoid violating your ethical duties and topics include the following: new standards and penalties for tax preparers, new Circular 230 duties, potential conflicts of interest, correction of taxpayer mistakes, what fees are unconscionable?, return of client records, and what taxpayer confidences may you disclose to the IRS? Every practitioner needs to understand his/her duties to the tax system and to his/her client. This class will assist you in balancing those duties.
CPE: 2 Hours/Ethics
Presented by Robert E. McKenzie, EA, Attorney