Providing Tax Advice: Professional Standards Webcast | 4203489A

Course Details

Date

Friday, July 17, 2020

5:30am – 7:15am
(Registration: 5:00am)

Field of Study

Taxation

Course Number

4203489A

CPE Credit

2.0 hours CPE credit

Level of Knowledge

Advanced

Vendor

CalCPA Education Foundation

Prerequisites

Tax practitioners with two-years experience and a working knowledge of the AICPA Statements on Standards for Tax Services and IRS Circular 230.

Description




Tax professionals provide advice to taxpayer-clients in many ways, from direct written and oral advice to "taking a position" while preparing a return. Receive an overview of tax advice and professional standards.
The provision of advice is regulated by statute, regulations and conduct requirements under Federal tax law and also, for CPAs, standards of conduct issued by the AICPA and adopted by the Boards of Accountancy of every state.

Highlights





Overview of the various types of advice tax professionals provide clients
The preparer penalties
The duty to advise clients with regard to potential taxpayer penalties
The primary AICPA rules with regard to advising and communicating tax advice
Circular 230 and the IRS Office of Professional Responsibility oversight and disciplinary authority

Objectives





Recognize the various regulatory and professional requirements associated with providing tax advice to clients.
Identify critical areas to be addressed in providing tax advice to clients.
Determine what should be communicated to clients with respect to tax positions. taken in their behalf including any required return disclosures.

Designed For




CPAs, EAs and tax preparers.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$75.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$101.00
Your Price $101.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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