I had a CPA do my taxes in 2006. He made a mistake an now the IRS i saying that I owe them $7000. Is the CPA liable or am I on my own?
Asked on 10/13/09, 12:48 pm
1 Answer from Attorneys
Alan Wagner
Wagner, McLaughlin & Whittemore P.A.
You are liable for the taxes. The government usually waives the penalties if the professional made an error. If not, the CPA is liable for the penalties.
Answered on 10/18/09, 7:56 pm