Description
Understand your obligations imposed by updated Treasury Circular 230 and the impact of court decisions and possible legislative actions.
IRS Circular 230 Compliance Update will cover reallife examples of tax ethics and how they can affect practitioners. Most violations of Circular 230 are incidental but still can affect the practitioners right to practice before the IRS. In this topic, we will discuss the most common ethical provisions that practitioners go astray on. We will also look at the new developments in the tax ethics realm.
Date: 2023-12-08 Start Time: 1:00 PM ET End Time: 2:40 PM ET
Learning Objectives
* You will be able to recognize how OPR is structured.
* You will be able to identify where OPR gets its cases and how it handles the cases received.
* You will be able to discuss ethics requirements under Circular 230.
* You will be able to review the case process if the case goes before an ALJ.
Determine How OPR Is Structured
• What Happens When Cases Go Before OPR
• The Procedural Aspects Related to Tax Ethics
Learn Where OPR Gets Its Cases and How They Handle Cases They Receive
• Different Sources That OPR Looks to Get Their Information From to Start Processing Cases
Ethics Requirements Under Circular 230
• The Most Relevant Ethical Tax Ethics Provisions and How They Apply in Real Life Situations
Determine Applicable Sanctions Under Circular 230
• The Consequences of Violating Ethical Rules
Learn the Case Process If Cases Go Before an ALJ
• Discuss What Practitioners Will Face If Going Before an ALJ
2023 Updates on Circular 230 and Tax Ethics in General
AIPB ,CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Enrolled Agents ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Nicholas Preusch-YHB | CPAs & Consultants
