Circular 230 Worksheet And Answer Key

Circular 230 is the U.S. Treasury Department regulation that governs practice before the IRS by tax professionals (attorneys, CPAs, enrolled agents, etc.).

A Circular 230 worksheet is generally a compliance checklist or reference tool that tax professionals use to ensure they are meeting the requirements under Circular 230 when preparing returns or giving tax advice.

Here are the brief details you’d typically find on such a worksheet:

Purpose

• To help practitioners document compliance with IRS Circular 230 standards.
• To protect against penalties for failing to meet “due diligence” and disclosure rules.