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Understanding Ethical Issues in Your Tax Practice (TXE4)

Customer Rating
Field of Study
Regulatory Ethics
Qualifies For

Price:  $39.99
This four-hour course covers most of the specific ethical considerations that come into play as a practitioner in the eyes of the Internal Revenue Service. It also covers sanctions and limitations on both clients and practitioners arising out of the preparation of an income tax return.

Additional information




Self-Study Download

Company Code

Self Study

Yellow Book Approved


CFP Approved


IRS Approved


CTEC Approved


Field of Study Credits

Regulatory Ethics (Technical) (4)

Field of Study Department

Regulatory Ethics (Technical)

Course Version


CPE Approved



Experience in tax return preparation

Knowledge Level:


Major Topics:

  • What Internal Revenue Code penalty provisions associated with positions taken an income tax return apply to taxpayers
  • What Internal Revenue Code penalty provisions associated with positions taken an income tax return apply to tax return preparers
  • What is the difference between more-likely-than-not, substantial authority, realistic possibility, reasonable basis and a non-frivolous position
  • What limitations does the IRS place on fee arrangements
  • What duties does the practitioner have with respect to client records
  • What are the education requirements
  • What ethical considerations come into play under Circular 230 in connection with the conduct of a tax practitioner in connection with positions taken on an income tax return
  • What are the latest administrative regulations applicable to a tax return preparer
  • Who must be registered as a tax return preparer
  • Who is a tax return preparer
  • What limitations apply with respect t

Learning Objectives:

  • Understand the standards that apply to a tax position taken by a tax return preparer
  • Understand a tax return preparer’s duties of registration, continuing education, and meeting competency standards by IRS-administered examination
  • Understand the authority of the OPR to discipline through sanctions individuals performing tax-related services

Designed For:

CPAs with a tax practice