April 25, 2023

Webinar

2 CPE

Webinar (CPA Crossings): Tax Practice Standards

April 25, 2023
Webinar
2 CPE

Webinar (CPA Crossings): Tax Practice Standards

  • View Bio

    Instructor

    Allison
    McLeod

    View Bio

    Allison McLeod

    Bio

    Professor McLeod, LL.M., JD, CPA, is currently a full-time Senior Lecturer at the University of North Texas, where she has taught classes in Corporate Income Taxes, Multi-jurisdictional Taxes, Individual Taxes, Tax Research, Ethics and Financial Accounting. She has taught as an adjunct professor at the University of North Texas College of Law.

    Prior to Professor McLeod going into academia, she worked for 18 years in industry and in a Big Four accounting firm. Professor McLeod earned a law degree from Baylor School of Law, and an LL.M. degree in Taxation from Southern Methodist School of Law. She has been a licensed CPA since 1993 and has been licensed to practice law since 1992. Professor McLeod has enjoyed teaching live ethics course to CPAs since 2011 and is the owner of  www.cpaethicsonline.com, which offers on-line self-study courses to CPAs. She currently serves on the Professional Ethics Committee of the Texas Society of CPAs.which offers on-line self-study courses to CPAs. She served on the Professional Ethics Committee of the Texas Society of CPAs and the AICPA CPA Exam Committee (REG).

Please join us for a comprehensive discussion on standards that professionals must adhere to as tax practitioners. We cover the major governing rules, such as Treasury Circular 230, the AICPA Statements on Standards for Tax Services (SSTS), the Internal Revenue Code (IRC) and common law. Also included are case studies illustrating dilemmas faced by tax practitioners. This course is ideal for CPAs, EAs, or other tax professionals.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Learning Objectives

After attending the presentation you will be able to…

  • Know the expectations for tax practitioners in serving clients, including the duty of confidentiality, competency and proper administration of the tax law.
  • Understand the practitioner’s obligations to disclose certain client information when representing them against the IRS.
  • Know the sources that govern tax practice, such as Treasury Circular 230, the SSTS, the IRC and common law.
  • Understand the common law standards of reasonable behavior and when a tax practitioner may be subject to negligence or other types of common law causes of action.

Major Topics

The major topics that will be covered in this class include:

  • How tax professionals have a heavy responsibility to serve the client, yet still properly adhere to the multitude of tax rules.
  • How tax standards help guide the practitioner to maintain objectivity, avoid conflicts of interest and provide high quality professional client services
  • Real-life examples from the speaker’s extensive experience as a tax practitioner and as an expert witness in accounting malpractice cases to illustrate these concepts.

CPE Credits Available

2 CPE
2
Regulatory Ethics

Things to Know About This Course

Course Level

  • Basic

Prerequisites

None

Advanced Preparation

This webinar is produced by CPA Crossings. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Intended Audience

CPAs, EAs, or other tax professionals

Provider

CPA Crossings, LLC

This event has ended.