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One Greenway Plaza, Suite 1003 • Houston, Texas 77046 • 713.627.3737 (phone) • 713.627.3738 (fax)
ForrestMcElroy wants to keep our clients apprised of the ever changing regulations in regards to Certified Public Accountants, on a local, state and national level. Please find below some helpful resources.
Federal tax return preparers have special confidentiality requirements when it comes to disclosing or using tax return information about their clients. The federal statute which creates those confidentiality requirements is found at 26 U.S.C. Section 7216. For more information on the requirements, see our presentation here.
26 C.F.R. Section 301.7216-1 through 301.7216-3
The IRS has issued regulations associated with 26 U.S.C. 7216. The regulations are broken into three parts: 301.7216-1 which deals with definitions and general matters, 301.7216-2 which deals with exceptions, and 301.7216-3 which relates to obtaining consent.
IRS Rev. Proc. 2013-14
The IRS has issued this revenue procedure 2013-14 to provide guidance to tax return preparers regarding the format and content of consents to disclose and consents to use tax return information with respect to taxpayers filing a return in the Form 1040 series, e.g. Form 1040, Form 1040NR, Form 1040A, or Form 1040EZ, under section 301.7216-3 of the Regulations on Procedure and Administration (26 C.F.R. Part 301).
Texas State Board of Public Accountancy
The Texas State Board of Public Accountancy (TSBPA) website provides information on the TSBPA's Rules of Professional Conduct, Texas Public Accountancy Act, license search, as well as other useful information and forms for Texas CPAs, CPA candidates, and the public.
Texas Public Accountancy Act
The Texas Public Accountancy Act, Chapter 901 of the Texas Occupations Code, provides the statutory basis for much of the law affecting the practice of public accountancy.
Texas Rules of Conduct for CPAs
State Bar of Texas
American Institute of Certified Public Accountants (AICPA) Code of Professional Conduct
PCAOB Ethics Rules
Texas Secretary of State
Sarbanes-Oxley Act of 2002