A quarterly magazine from the National Association of Enrolled Agents
Summer 2025 vol.43 no.2
Circular 230 in Practice
Feature Article

Circular 230 in Practice

Ethical tax practice is not just about compliance; it is about maintaining professional integrity and safeguarding clients’ interests while adhering to the tax laws. This ar... Josh Youngblood, EA

Summer 2025, Feature Article, OPR, ethics, Office of Professional Responsibility, Circular 230, §10.22, §10.35, PTIN, Preparer Tax Identification Number, §10.33, contingent fee, §10.27, unconscionable fee, §10.34, conflict of interest, advertising, 31 U.S. Code §330, §10.36, §10.51
Ethics, Artificial Intelligence, and Authority in Tax Practice
Feature Article

Ethics, Artificial Intelligence, and Authority in Tax Practice

As tax professionals, we sit at the crossroads of expertise, trust, and ever-changing rules and regulations. Our clients count on us to interpret complex tax laws, optimize their financial outcomes,... George Dandridge Jr., EA

Summer 2025, Feature Article, OPR, ethics, Office of Professional Responsibility, AI, §6662, §10.22, §10.35, Artificial intelligence, §280A, §10.29, §6694
Navigating Cannabis Tax Planning
Tax Planning

Navigating Cannabis Tax Planning

Navigating the murky waters of cannabis tax planning has always been complex when you consider the ambiguity around the tax code and the regulations impacting the marijuana industry. So how do enrolled agents who chose t... Amorette D. Mason, EA

Winter 2024, Tax Planning, TCJA, Tax Cuts and Jobs Act, §199A, cannabis, marijuana, §280E, COGS, §10.22, §10.35, small business, §10.34, §471(c), social justice, Schedule I, Schedule II, Drug Enforcement Administration, DEA, chief financial officer, CFO, cost of goods sold, §IRC 471-11(c)(2)(i), §IRC 471-11(c)(2)(ii), §6694, §6700
Due Diligence: How Do You Do It and How Much Is Enough?
Feature Article

Due Diligence: How Do You Do It and How Much Is Enough?

When I was director of the Office of Professional Responsibility, one of the most frequent questions I received from tax professionals around the country was: "How do I know when I have done enough due diligence?" The ultimate answer: “It depends,” sho... Karen L. Hawkins

May/June 2021, Feature Article, OPR, ethics, Office of Professional Responsibility, Circular 230, FATCA, practice management, Schedule C, Social Security, due diligence, §10.22, Fair and Accurate Credit Transactions Act, §10.37