Federal Tax Update: Ethics & Due Diligence Issues


Overview
In this course, Stuart discusses due diligence and other ethical issues affecting tax preparation and representation of clients before the Internal Revenue Service.

Designed for  all tax practitioners in public and private practice who need to identify and apply the basics and recent changes in the tax law and procedures.

Objectives
Upon successful completion of this course, participants will be able to:

  • Identify recent changes in tax practice enforcement by the IRS
  • Apply new guidelines regarding competence of tax practitioners
  • Exercise enhanced due diligence in the preparation of tax returns
Emphasis
  • Due diligence
  • Competence
  • Use of tax information
  • New clients with previous preparers
  • IRS enforcement and the E-File Program
  • Impact of the Taxpayer Bill of Rights
  • Tax planning issues
  • Use of tax information
  • Disclosure
  • Complaints against preparers
Prerequisite
A basic understanding of tax preparation.
 
Preparation
No advance preparation required
 
Level of Knowledge
Update
 
CPE Credit
2 Hours
 
Delivery Method  
Group Internet Based
 
NASBA Field of Study
Taxes

Author
Stuart Sobel