2024 Practical Ethics and Circular 230 Compliance for CPAs
Overview
This comprehensive four-hour course takes CPAs beyond the basics, diving deep into the ethical quandaries that professionals face. Beyond just the rules of Circular 230, you'll explore a variety of ethical issues, discovering the best ways to handle them with integrity and wisdom. The course provides a dual focus: understanding your obligations under Circular 230 and tackling wider ethical challenges that can arise in your day-to-day work. With real-world scenarios and interactive discussions, you'll come away with practical solutions and the confidence to make the right decisions, keeping your practice ethical and your professional standing secure.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.
Highlights
- Taxpayers' rights and protections
- Professional oversight in tax practice
- Navigating Circular 230 complexities
- Ethical practice before the IRS
- Preparer roles and responsibilities
- Compliance with rules on written advice
- Ensuring client confidentiality
- Upholding best practices in tax preparation
Prerequisites
A basic understanding of retirement planning concepts, tax laws and regulations, and investment strategies
Designed For
CPAs, finance professionals
Objectives
- Define key terms and concepts within Circular 230
- Identify common ethical challenges in tax practice
- Classify different types of professional conduct under Circular 230
- Apply Circular 230 regulations to real-world scenarios
- Demonstrate how to handle conflicts of interest ethically
- Evaluate the implications of confidentiality and due diligence in practice
- Construct strategies for maintaining independence in professional judgment
- Discuss knowledge and skills to improve ethical decision-making processes
Preparation
None
Notice
This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by Accounting Continuing Professional Education Network (ACPEN).
Leader(s):
Leader Bios
Arthur Werner, Werner-Rocca Seminars Ltd
Arthur Joseph Werner, JD, MS (Taxation), is the president and is a shareholder in the lecture firm of Werner-Rocca Seminars, Ltd. Mr. Werner’s lecture topic specialties include business, tax, financial and estate planning for high net worth individuals. In addition, Mr. Werner is an adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University. Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School. Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and Estate and Gift Taxation to Certified Public Accountants and Financial Planners, and has presented well in excess of 2500 eight-hour seminars over the past twenty-five years as well as numerous webinars and video presentations. Mr. Werner has been rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of Certified Public Accountants, was awarded the AICPA Outstanding Discussion Leader Award in the State of Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.
Non-Member Price $159.00
Member Price $129.00