This course satisfies the California Tax Education Council's (CTEC's) two-hour ethics component of its 60-hour qualifying education package. The course is designed according to the CTEC subject-matter requirements and has been approved by CTEC. Additional details for becoming a Certified Registered Tax Preparer (CRTP) by CTEC are provided in the federal tax and California tax portion of the 60-hour CTEC package.

After completing this course, you will be able to:

• recall the significance of Circular 230 and identify the persons covered by it
• remember key elements of Subpart A and Subpart B of Circular 230
• identify examples of conflicts of interest
• recognize examples of incompetence and disreputable conduct by tax practitioners
• recognize the correct application of the rules related to paid preparer due diligence for EITC claims
• identify the types of actions that do not meet the standards of due diligence
• identify the most significant criteria for determining EITC eligibility and recognize the questions that should be asked to establish eligibility correctly
• recognize the purpose of IRS Form 8867 and recognize cases in which it must be used
• recognize the most common errors on claims for the EITC
• recall the penalties and consequences for non-compliance
• identify the acceptable forms of taxpayer identification that may be used to claim the EITC

Tax Year: 2023

CRTP applicants

Basic familiarity with federal tax law