2023 Tax Practitioner Regulations, Penalties, And Security

• Identify the persons eligible to fully represent taxpayers before the Internal Revenue Service (IRS) and explain the rules and boundaries applicable to limited practice without enrollment
  
• Determine when persons are not eligible to exercise the privilege of limited practice before the Internal Revenue Service and identify actions that are considered to be "disreputable conduct"
  
• Learn the effective date for Section 6694 and 6695 tax preparer penalties under the new regulations issued as Treasury Decision (T.D.) 9436
  
• Be able to define the standards of "more likely than not", "reasonable basis" and "substantial authority" and understand their applications to client tax returns
  
• Learn what constitutes proper disclosure of tax positions
  
• Understand the concepts of "disclosure" and "use" of tax return information and the appropriate consent forms necessary to ensure compliance with IRS Section 7216
  
• Review the history of federal income taxes, the legislative process
  
• Learn helpful procedures for tax research projects