Tax Return Preparer Penalties: The New Rules
Credits:	4*	Type:	Live	Fee:	$115.00
Date:   #1	05/05/09	Site:	L.O.	Time:	8:15 - 12:00 p.m.
Location:	4004 Kruse Way Place Building 4004 SW Kruse Way Place (above Merrill Lynch) Lake Oswego, OR 97035
Registration:	Registration Form - Seating is limited.
Date:   #2	05/21/09	Site:	Salem	Time:	1:00 - 4:45 p.m.
Location:	Chemeketa Community College 4001 Winema Place NE, Suite 200 Salem, OR 97305
Registration:	Registration Form - Seating is limited.
Date:   #3	05/28/09	Site:	Port.	Time:	1:00 - 4:45 p.m.
Location:	Bank of America Financial Center 121 S.W. Morrison Portland, OR 97204
Registration:	Registration Form - Seating is limited.
Quick Links to Spring 2009 Classes Oregon CPA Ethics Washington CPA Ethics Advising Family Businesses Advising the Start-up Business Advising the Start-up Business AND Advising Family Businesses Advising Family Businesses AND Tax Losses from A to Z Ethics In Tax Practice Ethics In Tax Practice AND Foreclosure in Oregon & Washington Foreclosure in Oregon & Washington Foreclosure in OR & WA AND Ethics In Tax Practice Independent Contractors: Tax and Business Planning Independent Contractors & Oregon CPA Ethics Life Insurance: What CPAs & Attorneys Need to Know Life Insurance AND Tax Losses from A to Z Oregon CPA Ethics AND Independent Contractors Oregon CPA Ethics AND Tax Return Preparer Penalties Professional Conduct and Ethics for CPAs Sustainability: Practical Methods for CPAs Sustainability AND Tax Planning in Unstable Real Estate Mkt. Tax Losses from A to Z Tax Losses from A to Z AND Advising Family Businesses Tax Losses from A to Z AND Life Insurance Tax Planning in an Unstable Real Estate Market Tax Planning in Unstable Real Estate Mkt. AND Sustainability Tax Return Preparer Penalties: The New Rules Tax Return Preparer Penalties AND Oregon CPA Ethics Tax Return Preparer Penalties AND Sustainability Registration

Audience: This course is designed for all professionals who prepare taxes or give tax advice to clients including CPAs, CFPs, enrolled agents, licensed tax practitioners, and attorneys.

Level: Basic

Description: New IRS preparer penalties include up to a $1,000 preparer penalty for a “tax understatement” if the return preparer lacked a “reasonable belief” in the correctness of the item’s tax treatment. The $1,000 penalty rises to as high as $5,000 if the IRS decides the understatement was “willful or reckless.” The IRS has raised the stakes for taking aggressive tax return positions. This course examines the new rules, disclosure requirements and common traps for preparers.

Learn About: The revised Circular 230 » Who, exactly, is a return preparer » The “reasonable belief” and “reasonable possibility” standards » What is “substantial authority” » Other preparer penalties » Suspension from practice before the IRS » The taxpayer’s standard » When disclosure on Form 8275-R is required » Dishonest return preparers » Common scams » 2007 and 2008 statutory changes » and How to spot potential problem clients.

Instructor: Jim Jurinski, Attorney/CPA (Oregon and Washington).
Jim is Of Counsel to the law firm Draneas & Huglin, P.C., a law firm focusing on wills, trusts, tax issues, and general business matters, and the co-author of Tax and Financial Planning, For The Closely Held Family Business, published by American Law Institute-American Bar Association. more »

* Credit varies by profession. Please see our page on Professional CPE Requirements.

** Take two courses together and save $55.00.
$175.00 for both the morning and the afternoon session of these courses.
8 hours of cpe credit.
On May 5th:
Tax Return Preparer Penalties: The New Rules (morning) &
Sustainability: Practical Methods for CPAs (afternoon).
More information at:
Tax Return Preparer Penalties: The New Rules & Sustainability.

On May 21st:
Professional Conduct and Ethics for Oregon CPAs #2 (morning) &
Tax Return Preparer Penalties: The New Rules (afternoon).
More information at:
Professional Conduct and Ethics for Oregon CPAs & Tax Return Preparer Penalties.

On May 28th:
Professional Conduct and Ethics for Oregon CPAs #3 (morning) &
Tax Return Preparer Penalties: The New Rules (afternoon).
More information at:
Professional Conduct and Ethics for Oregon CPAs & Tax Return Preparer Penalties.

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