Tax Professionals’ Ethical Duties and Responsibilities

Date: 6/05/2025
Time: 12:00 PM - 4:00 PM EST
CPE Credit: 4 hours

This 4-hour webinar will provide attendees with an extensive background relating to U.S. Treasury Department Circular 230 as well as due diligence requirements.

Topics Covered

• U.S. Treasury Department Circular 230
• Related Internal Revenue Code Sections and Regulations
• What is “Substantial Authority”
• What is “frivolous” tax return?
• What constitutes “substantial understatement”?
• What are “uncertain tax positions”?
• Various rules of practice before the IRS
• Proper and required use of Powers of Attorney
• Who is the Office of Professional Responsibility (OPR)?
• Loving, et al vs. IRS
• IRS Commissioner Koskinen’s proposed voluntary programs
• AICPA Statements on Standards for Tax Services

Learning Objectives:

• Update the tax practitioner with the latest ethical duties and responsibilities with the purpose of required practice and sanction avoidance
• Provide suggestions for quality practice management
• Provide due diligence ideas with respect to avoiding confrontation with OPR