Tax professionals provide advice to taxpayer clients in many ways, from direct written and oral advice to “taking a position” while preparing a return. Receive an overview of tax advice and professional standards. The provision of advice is regulated by statute, regulations, and conduct requirements under federal tax law. For CPAs, standards of conduct are issued by the AICPA and adopted by the Boards of Accountancy of every state.
Overview of the various types of advice tax professionals provide clients. The preparer penalties. The duty to advise clients with regard to potential taxpayer penalties. The primary AICPA rules with regard to advising and communicating tax advice. Circular 230 and the IRS Office of Professional Responsibility oversight and disciplinary authority.
Tax practitioners with two years experience and a working knowledge of the AICPA Statements on Standards for Tax Services and IRS Circular 230.
CPAs, EAs and tax preparers.
Recognize the various regulatory and professional requirements for providing clients with tax advice. Identify critical areas in providing tax advice to clients. Determine communication to clients for tax positions taken on their behalf, including any required return disclosures.
Arthur J. (Kip) Dellinger, Jr., CPA, senior tax partner at Kallman and Co. LLP, CPAs, is chair of the AICPA Tax Division Tax Practice Responsibilities Committee. He is the author of The Practical Guide to Federal Tax Practice Standards (CCH). His client practice focuses on sophisticated accounting issues and tax planning, compliance and controversy representation.
Mr. Dellinger has spoken before the USC Institute on Federal Taxation, the UCLA Tax Controversy Institute, the California Tax Bar Annual Meeting, several California CPA Education Foundation conferences, the Illinois CPA Society Annual Tax Conference and the Florida Institute of CPAs Tax Expo. He has written more than four-dozen articles on tax technical and procedural topics.
Non-Member Price $119.00
Member Price $89.00