“Ethics knows the difference between what you have a right to do and what is RIGHT to do.” – Associate Justice of the Supreme Court of the United States, Potter Stewart
Why Authority matters: Circular 230 Considerations, such as diligence regarding accuracy, standards with respect to tax returns, requirements for written advice, competence, and taking unreasonable positions or willful and reckless conduct.
As a tax professional, protecting client privacy is paramount to maintain trust, confidentiality, complying with our ethical obligations and understanding it is also a legal requirement.
Learning Objectives:
- What is Ethics?
- Ethical Decision Making
- Due Diligence
- Everyday Ethical Issues
- Form 8867
- Substantial Authority Standard
- Conflicts
- IRC 7216 Consent/Disclosure
- Define and understand cybersecurity
