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The Office of Professional Responsibility has been issuing sanctions against Attorneys, CPAs, Enrolled Agents, and now unenrolled preparers. Many of these have been expedited sanctions. Find out what these sanctions are and what areas are currently under scrutiny. We will be reviewing not only the sanctions but also looking at the specific events of certain individuals in our “Ripped from the Headlines” segment leading up to the actual sanctions to give you a better understanding of how ethics play out in our current environment.

Also, Circular 230 was changed on June 12, 2014 and there were sweeping changes made to written advice given to clients as well as the new Competency Requirement. There are also some new enhancements to the negotiation of refund checks, an area that more susceptible to fraud than ever before due to electronic funds transfers. We also take a look at the role of the National Taxpayer Advocate, and how selecting a qualified and ethical tax professional like yourself is such an important decision for all taxpayers. 

This course covers the following topics: Topic Introduction and Overview of Revised Circular 230 Review IRS Circular 230 - Sub Part B: Duties and Restrictions Relating to Practicing Before The IRS Review IRS Circular 230 - Section 1035 Covered Opinions Review IRS Circular 230 - Sub Part C: Sanctions and Disciplinary Actions Review IRS Circular 230 - Sub Part D: Rules Applicable to Disciplinary Proceedings

Learning Objectives

  • Learn about the revised Circular 230 Document
  • Understand duties and restrictions to practicing in front of the IRS
  • Learn about section 1035: Covered Opinions
  • Learn about sanctions and disciplinary actions for tax preparers
  • Know the rules regarding disciplinary proceedings
  • Learn about Hot Topics facing tax preparers today
Last updated/reviewed: November 27, 2019

3 Reviews (11 ratings)Reviews

5
Member's Profile
The presenter used numerous examples from the news. His presentation was well laid out.
4
Anonymous Author
The lecture was reasonably easy follow though 2 hours maybe too long for such a topic.
5
Member's Profile
Great Content! I really enjoyed the presenter's perspective on the Circular 230.

Prerequisites

Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course.

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
  14:201 Introduction to Ethics Update: Circular 230 Changes and Hot Topics
  13:29Lesson 2: Review IRS Circular 230 - Sub Part B: Duties and Restrictions Relating to Practicing Before The IRS
  10:58Lesson 3: Review IRS Circular 230 - Section 1035 Covered Opinions
  14:02Lesson 4: Review IRS Circular 230 - Sub Part C: Sanctions and Disciplinary Actions
  10:08Lesson 5: Review IRS Circular 230 - Sub Part D: Rules Applicable to Disciplinary Proceedings
  11:29Lesson 6: Hot Topics to Discuss
CONTINUOUS PLAY
  1:14:26Ethics Update: Circular 230 Changes and Hot Topics Full Video
SUPPORTING MATERIALS
  PDFEthics Update: Circular 230 Changes and Hot Topics Glossary/Index
  PDFTreasury Department Circular No. 230 (Rev. 6-2014)
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM