Before a Tax Agent accepts a new client who is transferring from another tax agent, it is important to determine whether the acceptance would create any threats to compliance with ethical principles, as described in the Code of Professional Conduct.

 
1. Discuss ethical considerations related to this scenario, including the Code of Professional Conduct's disclosure and confidentiality requirements
2. Identify and explain ethical considerations relevant to the preparation of tax documentation for legal entities in general.

Answer rating: 100% (QA)

1 Ethical Considerations Related to Accepting a New Client from Another Tax Agent a Confidentiality Tax agents have an ethical obligation to maintain client confidentiality Code of Professional Conduc... View the full answer