On October 20, 2021, Megan L. Brackney participates in a panel entitled “Handling Controversy and Staying Out of Trouble (CLE Ethics)” for the UJA-Federation of New York. The UJA is hosting the 52nd Annual Sidney Kess New York Estate, Tax & Financial Planning Conference on Tuesday, October 19 and Wednesday, October 20.

The webinar is described as follows:

Tax practice can be categorized into three different stages: tax planning, tax return preparation, and audit/trial representation. Each stage has its own ethical considerations. What differentiates legitimate tax planning from tax evasion? How sure do you have to be before you can tell a client it is okay to take a position on a return? Do you have to audit a client’s records, or can you rely on what the client says? After the return has been filed, how do you handle an audit when you know the client’s tax return is wrong? What do you do if the information you submitted to the IRS is not accurate? This webinar will use real-life examples and provide tips for tax professionals who want to stay out of trouble.

Learning Objectives

• Recognize how ethical standards apply to everyday tax practice;
• Identify sources of ethical standards and rules that you may not have known about;
• Determine standards for advising taxpayers about positions on tax returns;
• Differentiate when you can rely on what your client tells you and when you must ask more questions; and
• Recall sticky issues that can arise during audits and other controversies.

Click here for more information and to register.