About this Course
Topics covered include:
Ethics review: Terminology, Purpose, and Challenges to ethical behavior and practices;
Accountant Ethics;
Serving the Public Interest;
Purpose of Codes of Conduct and Penalty Regimes;
How Compliance is Ensured;
Challenges Facing Tax Practitioners;
7part tax practice ethics checklist; Overview and selected items from each part;
Circular 230;
Due Diligence.
Upon completing this course, you should be able to:
Recognize key rules of conduct relevant to tax practice and how to be compliant;
Identify rules of conduct and tax penalties to be aware of;
Recognize wow, when, and where to incorporate them into the foundation and day to day operation of your tax practice;
Describe how the rules can be made into a practice tool to help ensure understanding and compliance of the rules;
Identify challenges facing Tax Practitioners;
Identify and apply the 7-part tax ethics checklist;
Recognize how Circular 230 relates to the standards;
Describe the Discreditable act;
Describe what the Compliance with the Code of Professional Conduct, as with all standards in an open society, depends primarily upon;
Identify examples of challenges facing tax practitioners;
Differentiate Statements on Standards for Tax Services.