Return Preparer Issues: Penalties, Injunctions, Criminal Prosecution, and the OPR (548)
Meeting Times:
Friday, December 13, 2024 1:00 PM - Friday, December 13, 2024 4:30 PM
The meeting time above is expressed in MOUNTAIN TIME, which is:
Eastern Time:
3:00 PM - 6:30 PM
Central Time:
2:00 PM - 5:30 PM
Pacific Time:
12:00 PM - 3:30 PM
Price:
Single Price:
$75.00
Multiple Discount Price:
$70.00
Location:
Internet Course - Live Streamed
Delivery Method:
Group Internet Based
Credit Hours:
| 4.0 |
IRS Ethics |
MF2AY-E-01516-24-O |
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Field of Study:
Taxes - Technical; and Regulatory Ethics - Technical
Course Level:
Intermediate
Prerequisites:
General understanding of federal taxation
General Description:
The IRS has increasingly looked to regulating tax return preparers as the first and best way to ensure taxpayer compliance. With expanded preparer penalties, optional continuing education and testing for return preparers, changes to Circular 230 (including new rules requiring supervising return preparers to institute procedures to ensure firm compliance with Circular 230), and the increased use of injunctions and criminal prosecutions against return preparers, those who do not know the rules (and how the IRS is using them) may find themselves in a very dangerous predicament. This course will focus on the laws and regulations available to the IRS regarding return preparers, and practical strategies return preparers can use to avoid trouble with the IRS and potentially losing their ability to practice.
Learning Objectives:
After completing this course the participant will be able to:
- Analyze and apply the ethical and standard-of-care requirements for return preparers.
- Compare and contrast the different penalty provisions applicable to taxpayers and return preparers.
- Illustrate the different enforcement vehicles available to the IRS against return preparers and identify how to avoid falling under them.
- Analyze the authority of the IRS Office of Professional Responsibility (OPR), and how it does or does not apply to return preparers.
Instructors:
Brian F. Huebsch is a tax attorney and director with the Denver law firm of Ireland Stapleton Pryor & Pascoe, PC. During his 20-year practice he has represented hundreds of taxpayers in resolving civil and criminal disputes with federal, state, and local taxing authorities, as well as representing members of the accounting profession in all manners of disciplinary proceedings and malpractice claims. He earned his bachelor's degree at the University of California Santa Cruz and law degree at the University of Denver College of Law. He is a sought-after lecturer for continuing professional education seminars and is a past adjunct professor at the University of Denver Graduate Tax Program.