A Brief History of Circular 230

Описание: The tax law is complicated and the right answer is not always clear. How sure do you have to be before you can tell a client it is okay to take a deduction, exclude income, or characterize income as capital gain?  Can you accept what a taxpayer tells you, or do you have to audit a taxpayer’s records? When can the taxpayer be subject to penalties? And, when can you as the advisor be subject to penalties?  

This course, presented by Bryan Skarlatos of Kostelanetz & Fink LLP, is not a dry recitation of Circular 230 and the ethical rules. We will discuss the history and evolution of ethical standards for tax practitioners and we will use real life hypothetical examples to show how those standards apply in every day practice. All the sources of ethical standards in tax practice will be discussed including:
AICPA Statements on Standards for Tax Services
National Association of Enrolled Agents Code of Ethics and Rules of Professional Conduct
Tax Executive Institute Standards of Conduct
Circular 230
ABA Model Rules of Professional Conduct
ABA Ethical Opinions
Civil Penalty Standards
Criminal Penalty Standards

A course like this is essential for tax professionals who want to represent their clients effectively while staying on the right side of the line and avoiding penalties.

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Ethics for Tax Lawyers: Answers to Your Most Difficult Questions: https://www.lawline.com/course/ethics...

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