Codes of Conduct for Tax Professionals

Tax professionals are bound by a code of ethics and laws governing their practice. When you hire an account, a tax law lawyer in Glendale, or some other tax professional, you can feel confident knowing that you are protected by these laws and guidelines. Should your tax professional break one of these rules, you may have legal repercussions. At the very least, you know that this is a person you shouldn’t work with again.
Here’s a look at some of the codes of conduct governing tax professionals:

Codes of conduct for tax professionals

Practice before the IRS

Accountants, tax lawyers, and others are able to practice before the IRS if they meet certain criteria, such as having the proper education and not having any legal issues. Once they are enrolled as “agents” to practice, they must maintain certain criteria.

Guidance on Omissions

Guidance on omissions AZ tax professionals

When you hire an accountant or tax lawyer in Phoenix, the person may find that you have made a mistake on your return or that you have willfully omitted information. The tax professional doesn’t have to report your mistake, but does have to advise you on the consequences of the mistake, including the financial and legal penalties. Your lawyer or accountant has to let you know what the stakes are so that you can make an informed decision about how to proceed. Your tax professional should also give you information about how to correct the problem with the least liability.

Conflicts of Interest

Conflicts of interest AZ tax laws

Tax professionals may not represent clients if they have a conflict of interest related to the case. Conflicts of interest can include representing another client with interests adverse to yours or taking on so many clients that the professional doesn’t have the proper time or resources to represent you. In some cases, the professional may still represent the client if the conflict is revealed and the client signs a waiver showing informed consent.

Sanctions for Violations

Sanctions for violations AZ tax law

The IRS has the authority to sanction any tax professionals who violate these and any other rules for conduct. The IRS can censure, suspend, or disbar practitioners that it finds in violation of the rules. If a practitioner is sanctioned for violations, that practitioner may not be able to represent cases before the IRS until certain conditions are met and re-entry is granted.

There are many, many more rules that govern the code of conduct of Glendale tax professionals. You can read more about them on the IRS’ website. Knowing what rules tax professionals have to follow helps you to understand your rights and what to expect.

Always work with a trusted and professional tax law lawyer, such as the tax attorneys at Silver Law PLC in Arizona and Nevada. Our tax attorneys have more than 80 years of combined experience among them, and they have all worked as prosecutors for the IRS, so they are intimately acquainted with the codes of conduct and rules of procedure for the IRS. Our attorneys use that knowledge to provide the best legal representation and to get results. Call us in Arizona today to talk to a tax law lawyer about your case and to learn more about your legal options. Or if you are in Nevada, consult with a local Las Vegas tax attorney near you.

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Silver Law, PLC

7033 East Greenway Parkway, Suite 200
Scottsdale, Arizona 85254

Office: (480) 429-3360

Silver Law PLC Location

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