A CPAs Confidentiality Duties in Tax Practice 2024

Overview

In tax practice, CPAs have significant duties to protect client-taxpayer information under professional standards, California and other states’ rules about the practice of accountancy, under provisions in the Internal Revenue Code and other federal or state laws. This course will address those requirements in the AICPA professional standards and Section 7216 of the Internal Revenue Code. Companion course: Foreign Information Returns: Key Forms 2024

Highlights

• Understand CPA Confidentiality Requirements in Tax Practice
• Distinguish Between Confidentiality Requirements and Taxpayer Privileges that apply to the CPA

Prerequisites

None

Designed For

CPAs and financial professionals that deal with confidential issues.

Objectives

• Determine Board of Accountancy Confidentiality Rules in Tax Practice
• Understand Professional Standards for Confidentiality
• Identify Internal Revenue Code Sections 7216 and 6713 Uses and Disclosure of Tax Information Requirements

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by the California Education Foundation (CalCPA). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.