Tax & Professional Responsibility - Grady



 

Course Title

Tax & Professional Responsibility

Professor

Grady
 

First Assignment

SPRING 2013                                                   ADJUNCT PROFESSOR TERRENCE A. GRADY 

Tuesday, 8 - 9:50 p.m.                                                                                                         (W) 849-0378 

                                                                                                                                                (C) 264-3013 

                                                                                                  Email address:  tgrady@tgradylaw.com 

 

 

                                              CAPITAL UNIVERSITY LAW CENTER 

                                                             GRADUATE DIVISION 

 

TAX AND PROFESSIONAL RESPONSIBILITY 

 

 

 

Text:               Tobin, Lavoie, and Trogolo, Problems in Tax Ethics, West (2009) 

 

                        Ohio Rules of Professional Conduct (copies will be distributed during our first class) 

 

                        Treasury Department Circular No. 230, Title 31 C.F.R., Subtitle A, Part 10 (Locate on IRS website and print out complete copy and bring to first class) 

 

                        Selected Internal Revenue Code Provisions 

 

                         Print out I.R.C. Sections 6662 and 6664 and bring to first class. 

 

Class 

Topics 

Pages 

Problems 

Class 1 

January ___, 2013 

  • Class Introduction 
  • Class Expectations 
  • Perspective and Principles 
  • Tax Preparer Rules and Obligations 
  • Circular 230 
  • I.R.C. Sections 6664 Understatement of taxpayer’s liability by tax return preparer 
  • I.R.C. Section 6662 Imposition of accuracy-related penalty on underpayments 
  • I.R.C. Section 7701(o)  -  economic substance doctrine codification 
  • Treasury and IRS Pronouncements 
 

1-25 

Problems 1.1, 1.2, 1.3 (p. 31 – 32); S. 1.1