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"I found out later our accountant had dementia, and did all our taxes wrong" Holy shit. I can't even imagine if that happens to my business. But really, you al
by codegeek 7y ago
"I found out later our accountant had dementia, and did all our taxes wrong"
Holy shit. I can't even imagine if that happens to my business. But really, you always want a second set of eyes to review your taxes, always. Even if you are not the expert, never trust the accountant. I always manually verify the drafts myself even if I don't quite understand everything on it. But I have a high level idea of the important line items. I have caught errors by my CPA (without dementia). So always verify yourself before taxes are filed.
- Exuma 7y agoYes.. great advice. They're all fixed now, thankfully, but yes that lesson was a painful one.
- tonyedgecombe 7y agoEven if you don't understand something you can always phone your accountant and ask them to explain it.