Originated From
 AOL Search

Posted by otrpu 3 years ago In:

otrpu
otrpu Asked:

Can a tax preparer be sued for taxes due, interest ...

can a tax preparer be sued for taxes due, interest & penalties because of their error? 2007 tax year, IRS wants $2,100 tax, plus penalties and interest. Preparer says they'll pay penalties and interest. They entered a 5 where they should have entered a 1. They're sorry, but not as sorry as I am.

Liked this question? Tell your friends about it

2 Answers

Order by
Oldest to Newest
Newest to Oldest
Votes
URI93
URI93 Answered:

Look at it this way, had they not made an error, you would have had to pay the taxes in 2007.  Either way, it's your liability.  They are paying the penalties and interest, which is usual for tax preparers,  Usually somewhere on their forms, their policies are stated.

Sometimes we put up walls not to keep people out, but to see who cares enough to break them down.
Add a comment Report
~American~~Patriot~
~American~~Patriot~ Answered:

Some can.If it was you mistake you pay all,if it was their mistake you pay prin. they pay interest and penalities

 

I don't wish to be argumentative ,but I disagree with the Islamic belief that I should be killed! " If radical atheists decided they needed to kill believers to ensure their place in nothingness, I'd be criticizing that too."
Add a comment Report

Related Questions

Other people asked questions on similar topics, check out the answers they received:

Barbara

Asked: I need free tax preparers aarp

Where can I find free tax preparers?
Helen W

Asked: Liability insurance

How do i know that the company/individual who is doing my tax return has public liability insurance and to what liability financial level they are covered to
Bill Stephenson

Asked: I am using TubroTax Deluxe for 2008. It will not ...

I am using TubroTax Deluxe for 2008. I am preparing Tax Returns for several relatives. The program will not allow me show myself as preparer. It shows as "Self prepared". I cannot change that....WHY?