Ethics, Tax Administration and Planning

Catalog description

This course covers advanced tax issues that affect both individual and business entity taxpayers. It emphasizes the US tax code and regulations that relate to complex transactions including related party transactions, effective tax planning, tax administration issues with IRS personnel, and ethics as presented in Circular 230, which governs tax preparation and representation issues. The course will include the requirements, practices, procedures and liabilities of an Enrolled Agent. This course also assists in preparing students to sit for the IRS Special Enrollment Exam to obtain an Enrolled Agent certification.