- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: If a CPA makes a mistake that results in interest and penalties from the IRS....
Posted on 1/31/24 at 10:04 am to Weekend Warrior79
Posted on 1/31/24 at 10:04 am to Weekend Warrior79
quote:
You earned the income, so you would definitely be responsible for that portion. In my limited experience, if you work w the IRS, they are often willing to waive/negotiate the penalties & interest if you’re able to make payments timely. If it’s truly the error of the CPA, they will often waive their fees to correct the mistake when it’s an obvious oversight on their end and will do their part to reduce/eliminate the fees & interest
Agreed on all of this. If they truly just omitted it from organized support, they should want to make it right, and have the resources to expedite it.
The IRS is actually reasonable in this regard if you can pay it.
Popular
Back to top
Follow TigerDroppings for LSU Football News