Question

Please provide an outline of Circular 230. Thank you!

Answer 1

Circle 230 Circular No. 230. This 2011 Refers to Treasury Department Publication establishes the Rules governing those who Practice before the Uusi Internal Revenue Service care including attorneys, Certified Public accountants CCPAS)land emoiled agents CEDE) aplicability: until the anyone in the united States could legally engage in the business of Preparing a federal tax return Rebesenting clients In general. Only attorneyl cpas enrolled_agents, on enrolled actuaries or enrolled retirement Plan agent may represent clients in Proceedinge before the tre key Required actions for Prepares Persons Preparing returne er giving tax advice must: Disclose on nonfrivolous tan positions whose disclosure is required to avoid Penalties Return Records to clients Sign all tax returns they prepare Provide clients a copy of tax Retur Returns all

. key Prohibited actions. Representing clients with conflicting Intereutes • solicit business wing false statements unreasombly delay Frompt diensi Hors of any before the IRS charge the client an enorscionable fee" for Representation