Business Finance Homework Help

Tax professionals operate within a set of regulations governing their
practice, including the adherence to ethical standards. In Unit 3, will complete a Tax Research assignment on tax practitioners’
Professional Environment. Complete and submit the following deliverables
in one Word document:

1. Research on the IRS’ Rules of Practice published in the Code of
   Federal Regulations (Circular 230). In one page, summarize a) the duties
   and restrictions relating to tax practice and b) conduct considered to
   be incompetent or disreputable.
2. Research on the American Institute of Certified Public Accountant
   (AICPA) enforceable tax ethics. In one page, summarize the AICPA’s
   guidance on Tax Ethics & Professional Standards.
3. Your tax client, Timpanogos, Inc., has written to your office
   inquiring about your ability to represent the company before the IRS. In
   a one-page memo, reply to the CFO of Timpanogos, Inc. and demonstrate
   that you possess the professional competency and experience. Remember to
   reference resources you summarized in deliverables 1) and 2) as part of
   your demonstration to the CFO.
4. submit a copy of the tax practice deliverable to Unit 3 Assignment 2
   Dropbox for grading. Remember to organize your work using proper
   headings and APA style, and provide a minimum of three credible outside
   references, including at least one from the IRS’ website. Sources of
   credible references include the IRS, accounting firms, professional
   accounting associations, peer-reviewed articles, and other federal and
   state government websites.