How to Implement and Adhere to IRS Circular 230  

Internal Revenue Service Circular 230 is the guide for specifics on the responsibilities and duties required of those who prepare tax returns and, give tax advice, as well as detailing who may represent taxpayers before the IRS.
This webinar will include discussions on:

• Circular 230 and why the IRS thinks it is necessary
• Best practices for tax return preparers and tax advisors
• Who may practice before the IRS
• Charging contingent fees for tax work
• Relying on information furnished by clients
• Contents of a quality control document for tax work that will comply with Circular 230 requirements
• Discovery of an error on a prior tax return, what to do.
• Penalties assessed by the IRS for failure to adhere to Circular 230
• And much, much more

NOTE: The IRS RTRP Program has been replaced with a new, voluntary “IRS Annual Filing Season Program.” The AFSP Program requires that CE Sponsors continue collecting PTINs from IRS professionals who wish to receive IRS credit. CE Sponsors will then be able to report course completions for the PTIN holders who have provided this information. Therefore, all IRS PTIN holders (including Enrolled Agents) should enter their IRS PTIN into Checkpoint Learning so that course completions can be reported to the IRS. You do not need to enter your PTIN for each course you take; you only need to add it once. If you have any questions on how to do this, please contact us 800-231-1860.

THIS WEBINAR IS NOT ELIGIBLE FOR CTEC CREDIT.