Tax Return Preparers Test Hot Topic:
Ethics: Circular 230 Sub-Parts A, B, and C
Circular 230 sets forth stringent ethical standards and disciplinary sanctions for violations of those standards. The new scope introduced by the 2011 IRS and Treasury Department amendment to Circular 230 extends the applicability of the standards and sanctions in Circular 230 to registered tax return preparers. Therefore, 15% of the questions in the competency examination necessary to become a registered tax return preparer pertain to topics in Sections A, B and C of the Circular.
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Many have reported that the test clearly includes more than 15% questions on ethics. Take this info for what it's worth.
