EVENT DESCRIPTION
In today's complex tax environment, understanding your obligations as a practitioner is crucial to maintaining your reputation and your client's trust.
This webinar will examine the IRS Office of Professional Responsibility and Circular 230. We will explore how the IRS enforces Circular 230 and relevant code provisions that affect the tax practitioner's ability to represent clients before the IRS. We will look at common Circular 230 violations and how they apply to practitioners.
As we delve into this course, we must recognize common violations that can occur in practice. Discussing these violations and their consequences will highlight the importance of diligence and accuracy in preparing tax returns and advising clients. Furthermore, we will analyze best practices that can help you mitigate risks, ensure compliance, and foster a secure environment for client data.
EVENT OBJECTIVE
• Know where to look for ethical tax guidance.
• Determine which parts of Circular 230 apply to your practice.
• Discuss how to utilize due diligence in tax practice properly.
• Limit your professional liability with the use of ethical procedures.
