Tax professionals often find themselves navigating complex ethical terrain when responding to court-ordered summonses, especially in emotionally charged settings like divorce. This course explores the ethical obligations and legal boundaries that govern the disclosure of taxpayer information, with a focus on IRC 7216 and 6713, Circular 230, and the Gramm-Leach-Bliley Act (GLBA).
DESIGNED FOR
Enrolled Agent, CPA, Attorney, Certified Financial Planner, Tax Practitioner
BENEFITS
After attending this presentation, you will be able to...
• Interpret ethical obligations under IRC §§7216 and 6713, Circular 230, and the Gramm-Leach-Bliley Act when responding to court orders.• Distinguish between legally permissible disclosures and ethically questionable conduct in mediation settings.• Apply ethical decision-making frameworks to real-world scenarios involving dual representation and conflicting client interests.• Implement best practices for protecting taxpayer confidentiality while complying with legal mandates.
HIGHLIGHTS
The major topics that will be covered in this course include:
• When and how a court order permits disclosure of tax return information under IRC §7216 and §6713.• The scope and limitations of disclosure under Circular 230 and the Gramm-Leach-Bliley Act (GLBA).• Best practices for responding to court orders while maintaining compliance and minimizing liability.• Risks of over-disclosure and unauthorized communication during mediation proceedings.
PREREQUISITES
None
ADVANCE PREPARATION
None