How we conduct our business!
Circular 230, Federal Code of
Regulations – Subpart B –
Duties and Restrictions
Relating to Practice Before the
Internal Revenue Service.
To Whom Does Circular 230 Apply?
♦ Individuals who
before the Internal
♦ Enrolled Agent’s
begins with the
preparation of the tax
♦ IRS correspondence
Section 10.20 Information to be
furnished (to the Internal
What do you do when the IRS wants
your clients records?
What if you don’t have the requested
Section 10.21 Knowledge of
What do you do when you know the
client has not complied with the
revenue laws of the United States or
has made an error in or omission
from any return?
Section 10.22 Diligence as to
a. Preparing documents
b. Determining correctness of oral or written
representation to the IRS
c. Determining correctness of oral or written
representations to any matter administered
by the IRS
A practitioner must exercise due diligence in:
Section 10.23 Prompt
disposition of pending matters.
How many ways can you spell
Section 10.27 Fees.
A practitioner may not charge an
Original return – NO
Amended return – YES
Claim for refund - YES
Section 10.28 Returning clients
A practitioner must, at the request of a
client, promptly return any and all
records of the client that are necessary
for the client to comply with his or her
Federal tax obligations.
Section 10.29 Conflicting Interest
What is a “conflict of interest”?
You can represent a taxpayer if:
• You provide competent and diligent
representation to each client.
• The representation is not prohibited by law.
• Each affected client gives informed
consent, confirmed in writing.
Taxpayer and spouse are clients of many years. He owns a
bookkeeping firm, she is the bookkeeper. You prepare the tax
return for the