Office of Professional Responsibility's Webinar Information
The Office of Professional Responsibility's (OPR's) webinar Circular 230 Overview: Key Provisions and Responsibilities for Tax Professionals Rebroadcast (June 25, 2014) is now available on the IRS video portal.
Karen L. Hawkins, Director of OPR discusses:
- An expansive discussion of key Circular 230 provisions and responsibilities
- The most important provisions for practitioners
- Key regulations governing tax practice
- Important issues for new tax professionals
- A pre-recorded Q&A session with Karen Hawkins which includes a discussion of the June, 2014 revisions to the regulations
The IRS video portal also provides the following:
- Ethical Standards for and Accountability of Practitioners Offering Tax Advice Relating to Employee Benefit Plans
Discussion on professional standards of conduct applicable to, and the accountability of, individuals that provide tax advice relating to employee benefit plans.
In addition, the Director gave several presentations at the Nationwide Tax Forums:
- An Overview of Circular 230 and the Office of Professional Responsibility (OPR) for New Tax Professionals
Circular 230 contains the standards of tax practice for all tax professionals. The OPR administers these practice standards and recommends practitioner discipline when appropriate. This session will provide an overview of the history and scope of Circular 230, the oversight responsibilities of the OPR, the Circular 230 disciplinary process and OPR's available sanctions. Also included in this session is a description of OPR’s statutory authority found in Title 31 U.S.C. 330, the definition of “fitness to practice” as it relates to Circular 230, and a description of the disciplinary actions OPR may propose including a private reprimand, a public reprimand (Censure), suspension, disbarment and monetary sanctions. OPR's Director also discusses how the burden of proof necessary to impose discipline must demonstrate “willfulness” on the part of the practitioner.
- What Every Tax Return Preparer Needs to Know: Key Circular 230 Provisions
This session will focus on the current key provisions governing the conduct of tax professionals when practicing before the IRS. These include the various due diligence obligations for preparing, signing and advising with respect to tax return positions; identifying and resolving conflicts of interest encountered in tax practice; unconscionable fees; and the prohibition on being paid from a taxpayer's refund. The session will explain each of the key provisions and provide examples of acceptable and unacceptable conduct.