Circular 230 In Action

Study Level:  Basic
Delivery Method:   Online self-study
Provider of Record:   WebCE
Field of Study:   Ethics
Number of CE Hours:   2
Prerequisites:   None

Course Description:

This course presents a review of recent changes to Circular 230 and its role in governing the professional conduct of the Enrolled Agent and Tax Return Preparer. Selected sections of Circular 230 are reviewed and discussed in terms of their impact on the daily practice activities of tax professionals.

A series of case studies are presented in which the tax practitioner can witness the provisions of the highlighted sections of the circular being put into action, with a discussion of the consequences resulting from the actions of the tax practitioners concerned. The role of the Office of Professional Responsibility and its power to enforce Circular 230 is brought to the forefront by a review of several cases in which disciplinary action was taken.

Learning Objectives:

After completing this course, students will be able to:

  • identify the four different types of sanctions that may be imposed on practitioners for violating the regulations set out in Circular 230
  • recognize the limits in the scope of practice imposed on registered tax preparers compared to other Circular 230 practitioners
  • identify the types of actions by a tax practitioner that would fall under the heading of “incompetence and disreputable conduct” as defined in Circular 230 Section 10.51
  • identify the general meaning of the term “unreasonable position” in relation to tax returns as described in Circular 230 Section 10.34
  • recognize the application of Circular 230 due diligence requirements to the work output created by tax preparation software
  • identify the general nature and purpose of the EITC Tax Preparer Compliance Program administered by the IRS
  • identify the nature of the questions that a preparer must ask when interviewing a client for an EITC claim, and recognize the actions that must be taken in response to the answers provided by the client
  • identify the forms and worksheets that must be used when preparing a claim for EITC and recognize the related requirements for record-keeping
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