points by raegis 1 day ago | 0 comments
The IRS made it crystal clear to me long ago. The tax filer is responsible for everything on the tax return, regardless of the preparer. Of course, accountants can be liable in other ways, but the filer has to pay the fines if the accountant makes a mistake.
[–] dghlsakjg 1 day ago
[–] ThunderSizzle 1 day ago
Seems like simplify or just erradicting the tax code would be more just at this point.
[–] dghlsakjg 16 hours ago
Normally it doesn’t get to that point though. CPAs do not want to be known as the person that misfiled taxes and got a court to rule them negligent. They carry insurance for errors so mostly just end up queitly making it right when there is an error.
[–] inemesitaffia 1 day ago
In some jurisdictions, it may help with criminal but not civil liability.