State and Federal Ethics Considerations 25-26
4.00 Credits
Member Price $175
Non-Member Price $265
Overview
Discover recent developments in tax return preparation and representation. Learn the rules of professional conduct set forth by the IRS, AICPA and state tax agencies. Review rules and regulations that govern tax practice for both federal and state purposes. Examine the rules of practice before the IRS (Treasury Dept. Circular 230). Explore current developments related to tax practice. Consider how ethical principles, such as conflicts of interest, apply to partnerships and other flow-through entities. Determine how various states regulate tax practice, including a discussion on malpractice. Tackle real-world scenarios affecting your practice. Understand how the accountant-client privilege applies in your practice.
Highlights
Statutory developments Key cases that impact your client Administrative and procedural developments Federal and state standards of tax practice Return preparer registration (state and federal) State and federal penalties that apply to tax practice Conflicts of interest related to flow-through entities Ethics issues related to operating a virtual tax practice Application of taxpayer privileges in tax practice Understand Due Diligence.Prerequisites
Knowledge of California Taxation
Designed For
Attorneys, CPAs, EAs and tax return preparers.
Objectives
Identify the various federal and state rules that govern tax return preparation and representation Determine rules governing return preparer registration at both state and federal levels Recognize the expanded tax reporting rules at both the federal and state levels Identify which documents must be presented to the state tax authorities Determine state privileges (attorney/client privilege, tax preparer/client privilege and work product doctrine) Identify recent developments regarding confidentiality and conflicts of interest Discussion of the due diligence requirements imposed on practitionersPreparation
None
Leader(s):
Leader Bios
Kathleen Wright, CalCPA Education Foundation
Kathleen K. Wright, JD, CPA,MBA, LLM (Taxation), is a professor of accounting in the Graduate Tax Program at California State University Fullerton. She has a private tax practice focusing on personal and small business tax planning dealing primarily with California state issues. Ms. Wright has been awarded the Education Foundation’s Instructor of the Year Award, the Outstanding Course Materials award and the Award for Meritorious Service. She is also the author of numerous articles on State and Local Tax issues which have been published in The Tax Lawyer (the SALT edition), The Tax Adviser (published by AICPA), the Journal of State Taxation (published by CCH) and State Tax Notes (published by Tax Analysts) where she serves as a California Correspondent. She is also the author of the California Income Tax Manual 2009 edition published by Commerce Clearing House.
Non-Member Price $265
Member Price $175