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Live Webinar

100-minute live streaming program
  • April 26
  • 1:00 - 2:40 pm EST

Also available as:

OnDemand Webinar

IRS Circular 230 Compliance Update

April 26

Understand your obligations imposed by updated Treasury Circular 230 and the impact of court decisions and possible legislative actions.

Treasury Circular 230 governs the practice of federal tax practitioners and is a must read for tax and accounting professionals. This updated content will navigate the changes and clarify the regulations as applied to you. You will gain an understanding of the key definitions, to whom the regulations apply, and how to steer clear of trouble.

Learning Objectives

- You will be able to review selected key paragraphs of C230 - especially new or revised areas.

- You will be able to define IRC 6694.

- You will be able to identify the very latest news on IRS regulation of tax professionals.

- You will be able to discuss 10.21 knowledge of client's omission - what to do.

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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Regulation of Practitioners Under Treasury Circular 230
  • The Law and Regulations
  • Key Definitions and Applicability
  • IRS Oversight Authority, Generally
  • Recordkeeping, CPE, etc.
Selected Key Paragraphs of Treasury Circular 230 – Especially New or Revised Areas
  • Tax Practice
  • Who Is a Tax Return Preparer?
  • Representation
  • Opinions and Client Communications
  • Duties
  • Conflicts of Interest
  • Sanction for Violations
  • Fees
  • Due Diligence
Preparer Penalty
  • IRC 6694
  • Levels of Authority
  • Unreasonable Tax Return Positions
  • Shelters and Reportable Transactions
  • Sanctions
Practical Guides
  • 10.21 Knowledge of Client's Omission
  • When to Withdrawal From an Engagement or Relationship
  • Reliance on Other Professionals
Written Advice
  • Review of Old Standards
  • Review of New Standards
  • Disclaimers
Impact of Court Decisions
  • Update on Congressional Action
  • Consequences of Loving, Ridgley, and Other Cases
  • Where Are We Now?
Disciplinary Procedures
  • How?
  • Judicial Review
  • Consequences
  • New Expedited Procedures
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More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This program format does NOT qualify, nor meet the National Standard for NASBA accreditation.

Live Webinar Registration

  • AIPB 2.0
     
  • This program is acceptable for 2.0 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • CFP 2.0
     
  • The Certified Financial Planner Board of Standards, Inc. has granted 2.0 hours of continuing education credit. Level of Knowledge: Intermediate.
     
  • AL CLE 1.7
     
  • This course or a portion thereof has been approved by the Alabama State Mandatory Continuing Legal Education Commission for a maximum of 1.7 hours credit.
     
  • AR CLE 1.75
     
  • This course has been approved for 1.75 hours of CLE by the Arkansas CLE Board.
     
  • Arizona CLE 1.5
     
  • The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement. This activity may qualify for up to 1.5 hours toward your annual CLE requirement for the State Bar of Arizona.
     
  • CA MCLE 1.5
     
  • Lorman Business Center, Inc. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit.
     
  • CO CLE 2.0
     
  • This program may qualify for 2.0 credit hours through the Colorado Supreme Court Board of Continuing Legal and Judicial Education through reciprocity. This course is accredited in other jurisdictions such as New Jersey. To receive CLE credit for this program, a home study affidavit must be submitted to the Supreme Court Board of Continuing Legal and Judicial Education.
     
  • CT CLE 1.5
     
  • Neither the Connecticut Judicial Branch nor the Commission on Minimum Continuing Legal Education approve or accredit CLE providers or activities. This course has been approved for CLE credit in jurisdictions aside from CT and therefore it automatically meets the content and delivery requirements in Connecticut. Credit is based on a 60 minute credit hour and shall be awarded as follows: 1.5 CLE credit(s).
     
  • GA CLE 1.7
     
  • This program has been approved by the Georgia Commission on Continuing Lawyer Competency for 1.7 CLE hours.
     
  • HI CLE 1.5
     
  • This program was approved by the Hawaii State Board of Continuing Legal Education for 1.5 CLE credit hours.
     
  • IL CLE 1.5
     
  • This course was approved for a total of 1.5 hours of MCLE Credit by the Illinois MCLE Board.
     
  • ME CLE 1.5
     
  • This course has been approved by the State of Maine Board of Overseers of the Bar. Lawyers who complete this course shall receive 1.5 hours of CLE credit under M. Bar R. 12.
     
  • MS CLE 1.7
     
  • This program has been approved by the Mississippi Commission on Continuing Legal Education for a maximum of 1.7 credit hours.
     
  • MT CLE 1.75
     
  • This program has been approved by the Montana Commission of Continuing Legal Education for a total of 1.75 CLE credits.
     
  • NH MCLE 1.7
     
  • NH MCLE does not approve or accredit CLE activities for the NH Minimum CLE requirement. Lorman Education Services believes this course meets the requirement of NH Supreme Court Rule 53 and may qualify for CLE credit(s). Program Length: 100 Minutes.
     
  • NJ CLE 2.0
     
  • This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 2.0 hours of total CLE credit.
     
  • NV CLE 1.5
     
  • This program has been approved by the Nevada Board of Continuing Legal Education for 1.5 CLE hours.
     
  • PA CLE 1.5
     
  • This Distance Learning program has been approved by the Pennsylvania Continuing Legal Education Board for 1.5 hours of substantive law, practice and procedure CLE credit.
     
  • RI CLE 2.0
     
  • This program has been approved by the Rhode Island Mandatory Continuing Legal Education Commission for 2.0 hours of CLE credit.
     
  • TN CLE 1.67
     
  • This program has been approved as a distance learning format by the Tennessee Commission on Continuing Legal Education for a maximum of 1.67 hours of credit.
     
  • VT CLE 1.5
     
  • This program has been approved by the Mandatory Continuing Legal Education Board of Vermont for 1.5 hours of CLE credit.
     
  • WA CLE 1.75
     
  • This program has been approved by the Washington State Board of Continuing Legal Education for 1.75 hours of Law & Legal Procedure credit.
     
  • WI CLE 2.0
     
  • This program has been approved by the Board of Bar Examiners for 2.0 hours for use toward the Wisconsin Mandatory CLE requirement.
     
  • WV MCLE 2.0
     
  • This program has been approved by the West Virginia State Bar MCLE Commission for 2.0 MCLE hours.
     
  • Enrolled Agents 2.0
     
  • This program qualifies for 2.0 hours of Continuing Education Credit for enrolled agents under Treasury Department Circular #230 Section 10.6(g).
     
  • CPE 2.0 including Regulatory Ethics 2
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 2.0 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Regulatory Ethics for 2.0 hours. Prerequisite: basic knowledge of general accounting. Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     
  • Lorman Business Center, Inc. is a registered provider for CPA CPE through the State Education Department of New York, Sponsor number: 000640. The following course will carry the subject area of .
     
  • Lorman Business Center, Inc. has registered with the Texas State Board of Public Accountancy as a CPE Sponsor. This registration does not constitute an endorsement by the Board as to the quality of our CPE Program. This program qualifies for 2.0 hours of continuing professional education.
     

Who should attend?

This live webinar is designed for accountants, CPAs, tax professionals, CFOs, controllers, presidents, vice presidents, estate and financial planners, bookkeepers, tax preparers, enrolled agents and attorneys.

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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

David J. Lewis

David J. Lewis

Krugliak, Wilkins, Griffiths & Dougherty Co., L.P.A.

  • Director and shareholder of Krugliak, Wilkins, Griffiths & Dougherty Co., L.P.A. and practices out of the firm’s Northeast Ohio offices
  • Areas of concentration include corporate, individual, partnership, excise, federal tax and state and local tax issues
  • Counsels distribution and technology companies, service, manufacturing, durable medical equipment, internet, food ingredients, metals recycling, farming, processing, and transportation, on a variety of business needs
  • Listed in Best Lawyers in America® and Ohio Super Lawyers; recognized as one of the “Top Attorneys in Business Services” (Tax) in the Corporate Counsel Edition of Super Lawyers magazine; and achieved the highest rating in the Martindale-Hubbell Law Directory
  • 1999 to 2013 adjunct professor of the University of Akron faculty and teaches Tax Practice and Procedure to masters of taxation candidates and law students
  • Lectured for University of Akron’s National Tax Institute, Ohio Society of CPAs, President-Elect Akron Bar Association, Institute of Management Accountants and the Cleveland Tax Institute
  • Member of Ohio Society of CPAs and past vice-chair of the City of Hudson Board of Zoning and Building Appeals
  • Ohio CPA inactive
  • J.D. degree, Cleveland State University, Cleveland-Marshall College of Law Cum Laude, Cleveland, Ohio; B.B.A. degree in accounting, Kent State University
  • Can be contacted at 330-436-5300 or [email protected]
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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  • State Specific Credit Tracker
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Product ID: 401824
Published 2015, 2018
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