Treasury Circular 230 for Enrolled Agents and Other Tax Preparers (Video) (Course Id 2776)

• Who is this course for?
  This course is designed for enrolled agents, tax practitioners, other tax preparers, and anyone needing Continuing Professional Education (CPE), particularly those seeking IRS Enrolled Agent credit.

• What is this course about or what problem does this course solve?
  This course provides a focused discussion of Treasury Circular 230, related Internal Revenue Code (IRC) and common law provisions, and the ethical standards and practice requirements that govern enrolled agents and tax preparers.

• How can the knowledge from this course be used?
  Participants can use the knowledge to better understand their professional responsibilities, comply with IRS practice standards, properly structure fees, avoid conflicts of interest, and maintain competency when representing clients before the IRS.

• Why is this course important to a CPA, Accountant, or IRS Enrolled Agent?
  This course is important because it helps CPAs, accountants, and IRS Enrolled Agents understand the ethical and regulatory requirements under Treasury Circular 230 and the IRC, ensuring they meet professional standards and IRS expectations when preparing returns or representing clients.

• When is this course relevant or timely?
  This course is relevant whenever tax practitioners are preparing returns, representing clients before the IRS, or addressing ethical issues such as conflicts of interest, fee arrangements, and competency requirements, particularly under current Treasury Circular 230 standards.

• How is a course like this consumed or used?
  This course is delivered as a QAS self-study video and is completed by reviewing the video content and passing a 10-question final exam with a minimum score of 70% within one year of purchase to earn 2.0 CPE and 2 IRS credits.

Please join us for a discussion on Treasury Circular 230 and other ethical issues faced by enrolled agents and other tax preparers. In addition to covering the practice standards espoused by Treasury Circular 230, there will also be an overview of the applicable provisions in the Internal Revenue Code (IRC) and common law which will affect tax preparers. The discussion will conclude with other ethical issues, such as avoiding conflicts of interest, proper fee structure and maintaining competency. Also included will be case studies illustrating dilemmas faced by tax practitioners.
Who should Attend: Enrolled agents, tax practitioners, and other tax preparers.
Program Content:

• Circular 230
• Conflicts of interest
• Loving case
• RTRP
• Other Ethical Issues
• Fees
• Qualifying continuing education

Video - NASBA QAS - NASBA Registry - IRS Enrolled Agents - 2776

Course Learning Objectives

1. Know the expectations for tax practitioners in serving clients, including the duty of confidentiality, competency and proper administration of the tax law.
2. Understand the practitioner’s obligations to disclose certain client information when representing them against the IRS.
3. Understand the provisions of Treasury Circular 230, the IRC and common law as it pertains to tax practitioners.
4. Know the IRS requirements before an individual may file returns on behalf of others as a preparer.

Chapter 1 - Treasury Circular 230 for Enrolled Agents and Other Tax Preparers

Chapter 1 Review Questions

Glossary