Tax Preparer Ethics & Understanding Circular 230

Tax preparation is a field that consistently puts practitioners into positions that require good judgment, careful consideration, and ethics. Whether you are a EA, CPA, or just a tax preparer knowing what due diligence is and how to apply it to your preparation and your practice is essential to not only helping your clients make wise decisions, but also in avoiding costly penalties. This course will cover Circular 230, the comprehensive guide to identifying who can practice before the IRS and in what capacity, how to operate with due diligence individually and for your firm, how to avoid practitioner penalties. We will also touch on how to properly maintain your license practice. This lesson will break down the important topics covered in circular 230 into easy to understandable language and use practical examples to make application of the topics relevant to you and your practice.