On September 27, 2024, the Oklahoma Society of Enrolled Agents (OSEA) officially adopted a comprehensive Code of Conduct and Ethical Rules, reinforcing the organization’s commitment to maintaining the highest professional standards among its members. This new framework aims to provide clear guidance for ethical behavior and professional practice, aligning with Treasury Department Circular 230 and the organization's own professional conduct standards.

Key Provisions of the New Rules:

1. Confidentiality: Members and Associates must maintain a confidential relationship with their clients, disclosing information only when authorized or legally obligated. They must also ensure that employees understand and uphold these confidentiality standards.

2. Conflicts of Interest: The rules emphasize avoiding conflicts of interest, requiring full disclosure and consent from all parties before representing conflicting interests. Members and Associates are also required to disclose any related business interests that may affect their representation.

3. Professional Representation: Only Members may identify themselves as “Members of the Oklahoma Society of Enrolled Agents,” and Associates may use the title “Associates of the Oklahoma Society of Enrolled Agents.” The use of these titles is restricted to individuals and may not be used by firms or organizations.

4. Advertising and Public Communication: Members and Associates may engage in public communications and advertising, provided they conform to the professional and dignified standards set forth by Circular 230. Misleading or deceptive solicitation practices are strictly prohibited.

5. Competence and Care: Members and Associates are required to undertake only those tax matters that they can complete with professional competence and to exercise due care in all engagements. This includes obtaining sufficient relevant data to provide a reasonable basis for conclusions or recommendations.

6. Integrity and Objectivity: The OSEA Code of Ethics underscores the importance of integrity and objectivity in all professional dealings. Enrolled Agents are encouraged to continuously strive to improve their competence and to promote the reputation and welfare of the profession.

The adoption of these rules marks a significant step for OSEA in reinforcing its dedication to ethical practice and professional excellence. Members and Associates are expected to adhere to these standards, ensuring that they continue to serve the public with the highest level of integrity and professionalism.

For more details on the complete set of rules, please refer to the official document released by OSEA.