We had someone impact our life, like this guy in the article below, once. The really fun part came when we, as clients, had to repay taxes with penalties for the bogus tax credits our preparer had filed, cuz doncha know, the creep’s (our) money was long squirreled away. We were lucky since we had invested relatively little. Others had invested up to $100,000 and more.
The taxpayer is responsible for their own tax filing, since they are the ones that sign on the dotted line. One exception might be when an attorney signs for you.
December 16, 2009
From Denny Walsh:
[A federal magistrate judge issued a no-bail arrest warrant this morning for a Sacramento tax preparer and investment counselor accused by the Internal Revenue Service of stealing more than $8.5 million from his clients over the past five years….]