We used a CPA for our taxes in 2016. It was the first time that we had used a CPA because our taxes had gotten a little more complicated, and thought it would be easy to turn it over and let someone handle it.
He gave us an itemized sheet of documents to give him and we filled a checklist of docs that we had and gave him the documents. One was a 1099 from our financial advisor for all the dividends and capital gains that we made that year. Fast forward to today and we got an audit tax due notice from the IRS stating that we owe for not putting those capital gains on our return.
Now it is our diligence to double check and we do owe the money, but is the CPA responsible for the interest that accrued over the last couple of years? Or our we completely at fault and the only thing the CPA loses is our future business?
Submitted October 17, 2018 at 11:08AM by seanlaw27 https://ift.tt/2P2U0YW
