Ethics webinar featuring speakers Richard Allen and George Crouse. After completing this course the participant will be able to:
- Describe the overall ethical considerations that apply to tax return prepares and explain when a PTIN is required.
- DIscuss the requirements for e-filing an dexplain the exceptions.
- Explain when Circular 230 applies to a tax return preparer and summarize the specific rules that apply to all tax return preparers.
- Discuss substantial authority and reasonable basis.
- Explain the penalties under §6662 that are imposed on a client, including the negligence penalty and the definition of a substatial understatement.
- Describe the difference int eh tax return preparer penalty under §6694 between an understatement due to an unreasonable position and an understatment due to willful or reckless conduct.
- Descrive the filing requiremennts of Form 8867, Paid Preparer Checklist.
- Summarize the tax return preparer penalties under §6695 that apply to failing to sign a return, failing to furnis a copy fo the return to the client, failing to retain a copy of the return, negotiating a client refund check, and failing to be diligent in determining eligibility for the Earned Income Tax Credit, Child and Dependent Tax Credits, American Opportunity Tax Credit, and Head of Househodl Status on Form 8867.
||December 18, 2020 10:00 am
$45 - $60
||December 18, 2020 12:00 pm
2 Regulatory Ethics: 2.0 CPE Credit
|IRS Program Number
|Field of Study
IAAI has always been dedicated to increasing and maintaining a high standard of proficiency and integrity among its members; cultivating a spirit of professional cooperation among its members; and establishing good will and understanding between the public and the membership.
For more information regarding refund, concerns and program cancellation policies, please contact our office at 800-222-2270.
Independent Accountants Association of Illinois is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE sponsors through its website: www.nasbaregistry.org
|| P.O. Box 9140