Privilege, Confidentiality, and Privacy

Free CPA REG (Taxation & Regulation) lesson in Ethics, Professional Responsibilities and Federal Tax Procedures. 16 min read, ~2,341 words.

IRC §7525 covers FATPs (CPAs, EAs, enrolled actuaries) giving tax advice in noncriminal IRS matters only, with no coverage for tax shelters, criminal cases, or state proceedings. Attorney-client privilege is broader than §7525, covering criminal matters, state proceedings, and all legal advice with no tax-shelter limit. The taxpayer holds §7525...

What this lesson covers

• Content
• Example 1
• Example 2
• Common Mistakes
• Check Your Understanding
• Exam Shortcuts

Learning objectives

• I.D2

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