This session by tax attorney Adam S Fayne will discuss the ethical considerations we must consider when representing taxpayers before the Internal Revenue Service. Adam will discuss how to handle conflicts of interest, how to navigate an audit if you suspect your client is less than truthful, obligations of due diligence when preparing your client’s tax return, what to do if you discover your client misrepresented something to you when preparing his or her tax return, or representing the client in an audit or collection proceedings, and many more “sticky” situations. 

Webinar Objectives

This program will provide insight and tools to be able to best represent your clients and uphold your ethical obligations under Circular 230 and related laws.

Webinar Highlights

• Circular 230 Ethical Considerations
• How to handle a dishonest client during an audit
• How to handle a dishonest client during a collection proceeding
• Your duty of due diligence when preparing tax returns
• What to do if you learn your client lied to you and you have already prepared and filed his or her tax return
• IRS Enforcement of ethical violations

Who Should Attend

• Accountants
• Tax Preparers
• CFOs
• Lawyers
• Financial Compliance Professionals

Credit(s)

IRS CPE Credits: 1 Tax hour