ACCT 523 - Advanced Tax 3: Practice and Procedure

Description:
Study of rules of conduct and ethics in tax practice, such as competency, conflicts of interest, penalties, and sanctionable acts. Coverage of federal tax procedure, statute of limitations, notions of evidence, and record maintenance.

Prerequisites:
Prerequisites: ACCT 340 (or equivalent) AND admission to the School of Graduate Studies and Research.

Credits:
(5)

Learner Outcomes:
Upon successful completion of this course, the student will be able to:

Formulate what constitutes practice before the IRS
Compose the categories of professionals authorized to practice before the IRS, their respective rights and responsibilities
Summarize sanctionable acts by tax practitioners
Analyze rules of professional conduct and applicable penalties
Evaluate key provisions in Treasury Department Circular 230
Evaluate Private Taxpayer Information through proper handling and storage
Prepare records according to professional rules and best practice standards
Prepare the process of representing a taxpayer before the IRS

Learner Outcomes Approval Date:
2/19/21

Anticipated Course Offering Terms and Locations: