Tax Return Preparer Ethical Issues

Course Objectives

Upon completion of this course, you should be able to:
Recognize the permitted scope of tax return preparer responsibilities;
Identify the best practices for tax advisers in preparing or assisting in the preparation of a submission to the Internal Revenue Service;
List practitioner duties and restrictions with respect to –
Information to be furnished to the IRS,
The practice of law,
Dealing with taxpayer omissions, errors and noncompliance with U.S. revenue laws,
The requirement for preparer diligence as to accuracy,
Return of client records,
The existence of conflicts of interest, and
Solicitation of business; and
List the various sanctions that may be imposed for a preparer’s failure to comply with applicable conduct rules.