Ethics in Tax Practice
Tax practice is fraught with ethical dilemmas and ethical dilemmas handled incorrectly may be malpractice claims. This course covers the fundamental ethical principles every tax practitioner should be familiar with, including the requirements of IRS Circular 230, AICPA’s Statements on Standards for Tax Services, and state law considerations.
Topics included are:
•The scope of Circular 230: when and to whom does it apply?
•Duties imposed when an error is made on a tax return
•Information security requirements related to client data
•Understanding to disciplinary processes applicable to tax practitioners
•Complying with AICPA tax practice standards
•State negligence rules that may affect tax practitioners
•How to manage a practice to avoid ethical lapses
**This course is designed to qualify for ethics credit in many states, but no guarantee can be made with respect to any specific state.
Chuck Borek is a practicing attorney and founder of the Borek Group, LLC. Chuck is also a CPA, and his background includes five years as a partner in a public accounting firm. He received his law degree and MBA summa cum laude from the University of Baltimore in 1993, where he was editor-in-chief of the Law Review. He has been teaching professionally since 1989, including four years as an Associate Professor of Accounting and two years as a Visiting Assistant Professor of Law. He ha... View Full Profile