Ethics, Tax Practice and Understanding Circular 230
Online
2.00 Credits
Member Price $89.00
Non-Member Price $124.00
Overview
This course provides a comprehensive overview of the ethical standards and principles governing tax practice, as outlined in IRS Circular 230. Participants will explore the importance of ethics in the tax preparation industry, review IRS rules, and examine common ethical violations and their associated penalties. The course emphasizes procedures that promote compliance with ethical guidelines, equipping tax practitioners to navigate complex ethical dilemmas confidently. Real-world scenarios will be used to demonstrate the application of ethical principles in tax preparation and representation.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Objectives
After attending this presentation, you will be able to...
- Assess the role of ethics in the tax preparation industry
- Analyze IRS rules and regulations as outlined in Circular 230
- Identify common ethical violations and the associated penalties
- Recall procedures that encourage compliance with ethical guidelines
- Apply ethical principles to real-life tax situations
- Analyze relevant provisions of Circular 230 applicable to tax return preparation and IRS representation
- Evaluate the impact of ethical behavior on professional reputation and compliance
- Develop strategies to prevent and address ethical violations in tax practice
Highlights
The major topics that will be covered in this course include:
- Importance of ethics in tax practice
- Overview of Circular 230 and its application to tax practitioners
- Common ethical violations and penalties
- Procedures to promote compliance with ethical standards
- Real-life scenarios illustrating ethical decision-making in tax preparation
- Circular 230 provisions related to tax return preparation and representation
- Best practices for maintaining professional integrity and compliance
Designed For
CPAs, EAs, Tax Professionals, Attorneys
Prerequisites
None
Preparation
None
Notice
You will receive an email from CPA Crossings via Webex with instructions to access the webinar.
Leader(s):
Leader Bios
Mary Jane Hourani, MM, EA, NTPI Fellow, Hourani & Associates, Inc.
Mary Jane Hourani, MM, EA, NTPI Fellow, Tax Accountant
Mary Jane has been practicing since 1993, working for a couple larger Tax, Accounting, & Audit Firms before transitioning to her own practice in 2005.
Mary Jane has a Master of Management from Walsh College of Accountancy and Business Administration as well as a Bachelor of Science from Eastern Michigan University in Public Administration with a focus in Organizational Development and Governmental Accounting.
She is credentialed as an Internal Revenue Service Enrolled Agent, allowing her to practice before the IRS. With this credential, she has direct oversite by the IRS Office of Professional Responsibility. She is also a National Association of Enrolled Agents NTPI Fellow.
Mary Jane has been an Instructor of Tax for Michigan State University Tax School since 2014 as well as a speaker for several trade organizations since 2010.
Mary Jane has been a Contributing Editor and/or Contributing Author of the National Tax Workbook for the Land Grand University Tax Education Foundation since 2015. She writes and compiles tax course packs used by Michigan State University Tax School. Mary Jane is an author/speaker for several national trade organizations and national CPE providers. She is a former H&R Block Instructor/Trainer.
Mary Jane is a member of the National Association of Enrolled Agents, Michigan Association of Certified Public Accountants, National Association of Tax Professionals, American Institute of Professional Bookkeepers, and is a QuickBooks ProAdvisor.
Non-Member Price $124.00
Member Price $89.00