Enrolled Agent Ethical Standards: Practices & Procedures - Updated for 2023
Credit Hours: 3
CPE Category: Regulatory Ethics: Technical
CE Category: Ethics
Delivery Method: Online PDF
Instructor: Paul J. Winn CLU ChFC
This course examines tax preparer conduct standards. It addresses the issues of confidentiality, accuracy, conflict of interest, taxpayer omissions and return of client records. The ethical rules governing these issues are discussed, and tax preparers are presented with real-world scenarios that focus on the ethical issues that may be encountered in their professional activities.
Upon completion of this course, you should be able to:
- Recognize the permitted scope of enrolled agent responsibilities in their practice before the Internal Revenue Service
- Identify the best practices for preparing or assisting in the preparation of a submission to the Internal Revenue Service
- List the duties and restrictions applicable to enrolled agents with respect to information furnished to the IRS, dealing with taxpayer omissions, errors and noncompliance with U.S. revenue laws, the requirement for preparer diligence, return of client records, the existence of conflicts of interest, and solicitation of business.