Ethical Concerns in Using Tax Planning Software
What Are My Ethical Responsibilities When I Use Software to Produce a Tax Plan? In the world of taxes, there are many ethical issues that can come into play. One area that involves judgment and expertise is when it come... Dominique Molina
You Reap What You Sow
As the new editor-in-chief of the EA Journal, I wanted to introduce myself. I didn’t initially plan on working in tax. In fact, I dropped my accounting courses in college and graduated with a Bachelor of Arts degree in Industrial Psychology and a Master of Scien... Tynisa (Ty) Gaines, EA (She/Her)
Big Changes Require Strong Ethics
“ Change your opinions, keep to your principles; change your leaves, keep intact your roots.” – Victor Hugo The National Association of Enrolled Agents (NAEA) Code of Ethics clarifies roles and responsibilities within a profession and provides g...
Connect. Unite. Empower. Serve.
Thank you for this honor of serving as your president for this coming year. I am joined by a group of talented Board and Committee leaders and our amazing staff, who are excited to serve our enrolled agent (EA) community. We have emerged from several years of Covid restrictio...
Transforming How the IRS Serves Taxpayers
In this article, the authors offer strategies for deploying the recently bestowed $80 billion in long-term IRS funding, and they discuss how properly implementing five existing technology-driven IRS initiatives will improve both taxpayer... Fred T. Goldberg Jr., Charles O. Rossotti, and John Koskinen
Be Careful of What You Post Online
When married couples file a joint tax return, they are both liable for any tax due on the return. A spouse may seek relief from joint and several liability under the procedures established in Internal Revenue Code (IRC) §6015(b) if:i A) A joint r... TheTaxBook
The Practitioner’s Duty to Help Business Owners with Recordkeeping
As the nation’s tax experts, enrolled agents (EAs) crucially influence taxpayers’ financial well-being and compliance with tax laws and regulations. A critical aspect of this role includes confirmin... Jeremy Wells, EA, CPA
NAEA Ethics and Professional Conduct Committee – How Can We Help You?
We wish we were writing this article more from a theoretical perspective than a practical one (i.e., few or no complaints about National Association of Enrolled Agents (NAEA) members). Sadly, over the past year, we have seen a m... The National Association of Enrolled Agents (NAEA) Ethics and Professional Conduct Committee
Your Ethics Footprint
A footprint leaves an impression. You can visualize your footprint on a sandy beach or the snow. At times, your footprint is not easy to see. Sometimes, you do not even realize you left your footprint as you do your walking in life. Over the years, we have h... Ruth Ann Michnay, EA, CPA, USTCP
Say Goodbye to Most Form 5471 Penalties
Alon Farhy used two Belize corporations to attempt to evade United States income tax. While he was not prosecuted for these actions, he also never filed Form 5471, Information Return of U.S. Persons With Respect to Certain Fore... Thomas Gorczynski, EA, USTCP
Defending Against an OPR Investigation and Beyond
I was able to observe first-hand for six years the mystery that constitutes the investigation and prosecution of a disciplinary case under Circular 230. And I must admit, I was a lot smarter about the process at the end of my tenure than at its begin... Karen L. Hawkins
Pat Dimmitt
Where do you reside? Indianapolis, Indiana What got you involved in the tax profession? A bad economy! My undergraduate degree was in finance, and I had hoped to work in banking. My first job after graduation was...