US CPA REG: Ethics, Tax Duties & State Board Role
What you will learn
Ethics in Tax Practice – Understanding professional conduct and ethical responsibilities.
Practicing Before the IRS – Regulations and guidelines for tax professionals.
IRS Regulations – Compliance rules governing representation before the IRS.
Licensing & Tax Practice – State board requirements and professional responsibilities.
Why take this course?
Welcome to the US CPA REG: Ethics, Tax Duties & State Board Role course!
This course is designed for professionals in the tax field who are looking to expand their knowledge of ethical responsibilities, tax duties, and the essential role that state boards of accountancy play in the licensing and disciplinary systems. Whether you’re preparing for the US CPA REG exam or seeking to enhance your expertise in taxation, this course will provide you with the tools and insights you need to navigate the complexities of the tax profession.
What You’ll Learn:
In this comprehensive course, you will gain a deep understanding of the following key concepts:
- Ethics in Tax Practice: Learn about the core ethical principles and professional conduct required of tax professionals. We’ll cover the responsibilities that practitioners must uphold in their practice and interactions with clients.
- Practicing Before the IRS: Gain insight into the regulations and guidelines that govern tax professionals when representing clients before the IRS. Understand the dos and don’ts of handling IRS matters effectively and ethically.
- IRS Regulations: Dive into the compliance rules that tax practitioners must follow when representing clients before the IRS. Learn how to ensure that your actions align with IRS guidelines and maintain professional integrity.
- Licensing & Tax Practice: Discover the requirements set by state boards of accountancy for licensing tax professionals. Understand the professional responsibilities associated with obtaining and maintaining your license.
Course Content:
- Overview – An introduction to the essential areas of ethics, IRS regulations, and licensing, with a focus on the role of state boards of accountancy.
- Regulation Governing Practice before the IRS – This module covers the regulations that dictate how tax professionals should conduct themselves when practicing before the IRS. You will learn about the roles of the Secretary of the Treasury, Director of Practice, and other key authorities, as well as your duties regarding due diligence, managing conflicts of interest, and understanding disciplinary proceedings.
- Practice Questions – In this section, we provide you with practice questions to help you assess your understanding of ethical responsibilities in tax practice.
- IRC & Regulations Related to Tax Return Preparers – Explore the Internal Revenue Code (IRC) and regulations related to tax return preparers, including penalties and requirements for compensated preparers.
- Licensing, Disciplinary System & the Role of State Boards of Accountancy – Learn about the disciplinary system within tax practice, the role of state boards of accountancy, and the ethical standards set by organizations like the AICPA. This module will also cover committees within the AICPA that help maintain ethical conduct in the profession.
This course is specifically tailored for professionals with a background in taxation, not core accounting. It’s ideal for anyone looking to enhance their expertise in tax law, ethics, and regulatory compliance within the IRS framework.