4 ms·
That's a strange mentality. Many good accountants will weigh the chance of you getting audited + fined against the ROI of an "oversight." Your accountant was p
by debacle 11y ago
That's a strange mentality. Many good accountants will weigh the chance of you getting audited + fined against the ROI of an "oversight."
Your accountant was probably trying to save you money.
- dpark 11y ago> Many good accountants will weigh the chance of you getting audited + fined against the ROI of an "oversight." "Good" is a questionable descriptor here. I would think that a good accountant should follow ethical rules, which would exclude the possibility of knowingly breaking the law to under-report taxes.
- brianwawok 11y agoExcept which accountant will get more business. a) Hey I have a cousin Vinny. Great account. Knows every single rule and is always ethical. I sleep great at night b) Hey I have a cousin Jen. Great accountant. She found all kinds of crazy savings, saved me $1000 last year. People know in their heart they should go for the honest guy. But hey, saving money.. who can pass that up?
- Navarr 11y agoBusinesses. People who understand the risk, etc. Knowingly and intentionally not paying a tax by falsifying records probably does not sit well with the Internal Revenue Service. IRS can and has disbarred CPAs based on ethics [1]. [1]: https://www.irs.gov/uac/Newsroom/Certified-Public-Accountant-Disbarred-for-Multiple-Circular-230-Violations https://www.irs.gov/uac/Newsroom/Certified-Public-Accountant...