Ethical Issues Related to Circular 230

Overview

This video-based course is presented by Dr. Raymond J. Clay, CPA, who is Emeritus Professor of Accounting at the University of North Texas and has taught in the field of ethics for more than 20 years. Dr. Clay offers a unique perspective for Enrolled Agents and other tax return preparers as they undertake continuing education in the field of ethics. The course begins with a thought-provoking series of ethical scenarios that challenge the student and lead into a discussion of the importance of the study and applications of ethics for EAs and other tax professionals. Several key sections of Treasury Department Circular 230 are then presented in detail along with a discussion of their application in the daily operations of a tax practitioner.

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Objectives

Upon conclusion of this course, students will be able to:

  • identify key activities that qualify as best practices when performed in the course of operating a tax practice;
  • identify acceptable standards of performance under the provisions of Circular 230 in the areas of taking a potentially controversial position on a tax return or advising taxpayers; and
  • identify the appropriate actions permitted under the rules of Circular 230 given examples of tax practice scenarios relating to fees, retaining of records, conflict of interest, and solicitation of clients.

Designed For:

CPAs, EAs, and other tax professionals


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Course Information

Adding additional credit may change exam requirements.

Advanced Preparation: None