This advanced-level course dives into the rules regarding error discovery during tax return preparation. Learn about reporting requirements and advisement in these situations.
The discovery of errors in a taxpayer’s federal return during preparation or in an administrative proceeding and addressing conflicts of interest are among the most challenging issues for a tax professional. Understanding the professional standards and rules are of paramount importance in order to avoid a violation.
PICPA Member: $79
Nonmember: $104
Course No. 4193492B
Level: Advanced
Prerequisites: Tax practitioners with 2 years experience and a working knowledge of the AICPA Statements on Standards for Tax Services and IRS Circular 230.