The Tax Preparation Blog

Posts Tagged ‘irs-lawyer’

Question: What liability do tax preparers have?

My tax preparer made a mistake when entering information on my tax forms from last year. This mistake may cost me $10,000 in back taxes from last year and thousands less on my return this year. Are tax professionals typically held liable for these mistakes or does the fault most often fall back on the tax payer themselves?

Answer: What is the real problem? Did the preparer make a mistake that will cost you $10,000 extra or did the preparer make a mistake by overlooking a $10,000 liability that you had anyway? It is unlikely that a preparer will make a mistake that can’t be fixed that generates additional tax and if you owed it in the first place, you haven’t been harmed. To the extent that you have to pay extra you may have some private claim against the preparer.

Liability of Tax Return Preparers (Order No. J1-1466) $75.00 …

Tax Return Preparers Liability: Guidelines for Professional Responsibilities $24.95 …

Effects of Decision-Aid Use on Evaluations of Tax Preparer Liability $66.94 Prior research demonstrates that the use of decision aids by auditors can influence jurors’ assessments of liability for audit failure. This study extends such research to tax preparation, investigating how tax practitioners’ use of decision aids influences jurors’ evaluations of liability. Participants included 226 qualified jurors responding to a hypothetical lawsuit against…

Expiring Bush Tax Cuts Present Dilemma for Preparers

The Senate Finance Committee held hearings last week to consider the effects of the soon-to-expire Bush tax cuts, and those problems could be magnified for tax practitioners and their clients.

How to Pick the Right Tax Preparer

Question: What is the best way to report tax evasion?

I have tried contacting the IRS and the state taxation department about a serious tax cheat who is hoarding over $100,000 of taxable money to a secret offshore account in the Bahamas. He brags that he doesn’t need to pay taxes and that he won’t get caught.

I contacted the IRS tax evasion unit in Fresno, California but they did nothing. Same thing with the state tax cheat department.

My question is:

(1) Should I report the tax cheat to my county prosecutor/district attorney’s office?

(2) What proof do I need to provide?

(3) Are there any other places that I should call or write to report him? I know he hires illegal aliens to work in his business.
I have sent letters to the IRS yet the person is getting away with murder. He bought a new Mercedes and drives it around town. It seems that the IRS and state are not doing anything.

Answer: 1. How do you know that they did nothing? The IRS will not let you in on what is going on. He may already be on their radar screen, and no, they would not tell you that.

2. What EVIDENCE of tax evasion do you have? The IRS will not act upon hearsay. If you were his bookkeeper and had first hand knowledge of what was going on along with documentary evidence of the movement of money they would be interested. There are lots of blowhards who brag about not paying taxes but actually do. (I know, as I prepare a couple of their returns!)

Brothel: Mustang Ranch and Its Women $4.66 A journey into a fascinating subculture, Alexa Albert’s exploration of Nevada’s infamous cathouses began as a public-health study into the safe-sex practices of these legal working girls and the effectiveness of condom requirements in preventing sexually transmitted diseases. It took her three years to gain access to the brothels, and when her project was eventually approved by the head of the Nev…

The Great American Tax Dodge: How Spiraling Fraud and Avoidance Are Killing Fairness, Destroying the Income Tax, and Costing You $11.53 It’s often said there’s nothing certain in life except death and taxes. According to two-time Pulitzer Prize-winning investigative journalists Donald L. Barlett and James B. Steele, however, the latter part of that adage is now decidedly in dispute. The Great American Tax Dodge, the pair’s latest examination of U.S. systems gone awry, spells out exactly how massive tax fraud is currently cost…

Getting Started in the Underground Economy $12.49 …

A look back into state politics in 2009

Get FREE Daily Headlines by email! If you like scandal and drama with your state politics, 2009 was the year for you. There were indictments, prison sentences and more indictments. There were allegations, accusations and innuendoes.

Tax Evasion the Latest Trend?

Question: Do you think there are as many Accounting staff positions in LA as there are in NY?

Considering under 2 years of experience and in the audit/tax fields.
Also, what is the salary range?
Another question somewhat related, how many years of experience is required for an MBA to become a CPA in California? Does the experience have to include audit?

Answer: LA has a lot of business, but I think NY has more business. I think that LA and NY are comparable, however.
The salary for starting out of school is 45-50k.
You don’t need an MBA to become a CPA in California. You just need a four year degree with 24 business credits and 24 accounting credits (you might want to double check me on that). There are two licenses in CA, one that allows audit and one that doesn’t. If you want to be able to perform attest, you must have attest experience otherwise no audit experience is required.

Wiley CPA Examination Review Fast Track Study Guide $24.95 The absolute essentials to passing the CPA exam-for the 120,000 candidates who take the test each yearThis tightly focused study guide–now thoroughly updated to reflect the new computerized CPA exam–cuts away all the excess information to simply give readers what they need to know. Presenting the absolute key points and the precise steps to take in preparing for the CPA exam, the Wiley CPA Exami…

Multistate Guide to Sales and Use Tax Audits (2011) $345.00 Multistate Guide to Sales and Use Tax Audits provides state-specific material for preparing for and handling an audit in all states that impose sales and use taxes. Readers will gain an increased understanding of why their businesses or clients were selected for audit, how their audits will proceed, what the audit staff will be looking for, and how assessments are developed. Instead of enacting…

Construction Guide: Accounting and Auditing $149.00 Construction Guide provides CPAs with guidance on the tax considerations that are particular to the construction industry. In addition, it provides CPAs with guidance on engagements for a wide range of situations, including those special to utility contractors, road builders, home construction, commercial construction, residential construction, land developers, real estate developers, and more. Th…

Renewal of FAME school charter may have violated law

HAYWARD — The president of the Alameda County Board of Education violated the state’s open meeting law when she refused to let members of the public speak before the board voted last week to conditionally renew FAME Public Charter School’s charter, a media law attorney said.

Irvine Tax Law Office of David W. Klasing

Question: Does anyone care that we have to pay for Scott Peterson’s appeal ?

In the current state of our economy in California and the nation, do people realize all tax payers pay for he idiotic defense appeals of all criminals > Including Scott Peterson’s appeals ? The absurd legal system we have mandates the taxpayers pay for all appeals of criminals in our jails. This includes all murderers, rapists, drug dealers, gang bangers, etc. Is this the most stupid use of our money or what ? I cannot believe we don’t put a stop to this abuse and top paying for all these stupid appeals for convicted criminals.
rickino, I guess you don’t mind paying for Charles Manson’s appeals every other year
Even with the appeals proccess some mistakes will be made. The system is not perfect but why should we pay billions of dollars in taxes for these tried and convicted criminals ?
Not a Republicajn, just someone with common sense…!

Answer: If that brings your piss to a boil, I would suggest not looking at what else taxpayer money goes to pay for.

How to conduct your case before a California assessment appeals board;: A guide for property taxpayers …

IRS talks: appeal Hearings, e-services, Package X and more fill liaison meeting.(federal tax): An article from: California CPA $9.95 This digital document is an article from California CPA, published by California Society of Certified Public Accountants on January 1, 2007. The length of the article is 898 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.Citation DetailsTitle: IRS talks…

Holding out – a different twist. (US Court of Appeals for the Ninth Circuit’s ruling on accountant’s commissions): An article from: The National Public Accountant $5.95 This digital document is an article from The National Public Accountant, published by National Society of Public Accountants on February 1, 1996. The length of the article is 1339 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web …

Officials brace for Arnold’s last state address

Gov. Arnold Schwarzenegger will make his last State of the State address Wednesday morning amid chronic deficits and bottom-rung approval ratings — and the low expectations of Mid-Valley leaders. With the state’s budget shortfall nearing $21…

California Prop Tax Appeal demo

Guilty Plea in Tax Scam

A San Fernando Tax Return Preparer pleaded guilty to charges she filed false federal income tax returns with the Internal Revenue Service and stole more than $20,000 in refund checks payable to her clients.

Tax CPA Houston – How To Choose A Houston CPA Tax Attorney Preparer