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Study guide for Ethics for EAs & Tax Preparers

The study guide is provided to guide you through the course material in a step by step format.

Reading assignments are for "Ethics for Enrolled Agents."

1) Introduction

Reading Assignment: Definitions <<>> Review Question: #1

The learning objectives for this lesson are to gain an understanding of:

  • What is the Annual Filing Season Program (AFSP)
  • Why the RTRP program was discontinued
  • What "practice before the IRS" means
  • What is a "practitioner" for purposes of this course

2)  Information to be furnished

Reading Assignment: Chapter I <<>> Review Question: # 2

The learning objectives for this lesson are to gain an understanding of:

  • What must be furnished to the IRS
  • Interference with requests for information

3)  Accuracy of information

Reading Assignment: Chapters II to III  <<>> Review Question: # 3

The learning objectives for this lesson are to gain an understanding of:

  • Knowledge of client's omission
  • Diligence as to accuracy
  • Reliance on others

4)  Prompt disposition of pending matters

Reading Assignment: Chapter IV <<>> Review Questions: none

The learning objectives for this lesson are to gain an understanding of:

  •  The requirement to no unreasonably delay any matter before the IRS

5)  Assistance from or to disbarred or suspended persons & former IRS employees

Reading Assignment: Chapter V <<>> Review Questions: none

The learning objectives for this lesson are to gain an understanding of restrictions concerning accepting assistance from:

  • Disbarred persons
  • Suspended persons
  • Former IRS employees

6)  Practice by former government employees and their associates

Reading Assignment: Chapter VI <<>> Review Questions: none

The learning objectives for this lesson are to gain an understanding of:

  • Definitions for this section
  • General rules
  • Firm representation
  • Pending representation

7)  Notaries

Reading Assignment: Chapter VII <<>>Review Question:none

The learning objectives for this lesson are to gain an understanding of:

  • Potential conflicts of interest arising from acting as both a notary and assisting in matters concerning the IRS

8)  Fees

Reading Assignment: Chapter VIII <<>> Review Question: # 4

The learning objectives for this lesson are to gain an understanding of:

  • General considerations
  • Contingent fees

 

9)  Return of client's records

Reading Assignment: Chapter IX  <<>>Review Question: # 5

The learning objectives for this lesson are to gain an understanding of:

  • Types of records that must be returned to a client when requested
  • When reasonable access must be provided to records
  • Documents that can be retained by the tax preparer

 

10)  Conflicting interests

Reading Assignment:  Chapter X <<>>Review Question: # 6

The learning objectives for this lesson are to gain an understanding of:

  • What is considered a conflict of interest
  • Restrictions on representing a client in the face of a conflict of interest
  • When a practitioner could represent a client even if there appears to be a conflict of interest

11)  Solicitation

Reading Assignment:  Chapter XI <<>>Review Questions: # 7-9

The learning objectives for this lesson are to gain an understanding of:

  • Advertising and solicitation restrictions
  • Examples
  • Fee information

12)  Negotiation of taxpayer checks

Reading Assignment:  Chapter XII <<>>Review Questions: none

The learning objectives for this lesson are to gain an understanding of:

  •  The limitation on negotiating a client's tax refund check

13)  Practice of law

Reading Assignment:  Chapter XIII <<>>Review Questions: none

The learning objectives for this lesson are to gain an understanding of:

  •  The limitation that you cannot practice law if you are not a member of the bar

14)  Best practices for tax advisors

Reading Assignment:  Chapter XIV <<>>Review Questions: # 10

The learning objectives for this lesson are to gain an understanding of best practices such as:

  • Communicating clearly
  • Establishing the facts
  • Advising the client
  • Acting fairly

15)  Standards with respect to tax returns and documents, affidavits and other papers

Reading Assignment:  Chapter XV <<>>Review Questions: none

The learning objectives for this lesson are to gain an understanding of what is considered willful, reckless or gross incompetence with respect to:

  • Tax returns
  • Documents, affidavits and other papers
  • Advising clients on potential penalties

16)  Requirements for covered opinions

Reading Assignment:  Chapter XVI <<>>Review Questions: none

The learning objectives for this lesson are to gain an understanding of the following aspects of a covered opinion:

  • A practitioner
  • Covered opinion
  • A Federal tax issue
  • Reliance opinion
  • Marketed opinion
  • Conditions of confidentiality
  • Contractual protection 
  • Prominently disclosed 
  • State or local bond opinion 
  • The principal purpose 

17)  Procedures to ensure compliance

Reading Assignment:  Chapter XVII <<>>Review Questions: none

The learning objectives for this lesson are to gain an understanding of procedures that must be in place to ensure compliance with Circular 230 requirements pertaining to:

  • Covered opinions
  • Tax returns and other documents

18)  Requirements for other written advice

Reading Assignment:  Chapter XVIII <<>>Review Questions: none

The learning objectives for this lesson are to gain an understanding of:

  • When a practitioner is prohibited from giving written advice on Federal tax issues

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