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  #5  
Old 03-30-2007, 08:15 AM
Ned
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Default Re: My accountant filed over 60 days late and now I have $2,300 in penalties.

"Giulio" <mass...[at]hotmail.com> wrote:
- quote -

> > Ned" <nedh...[at]hotmail.com> wrote:

> > > I gave him everything he needed months in advance. I called
> > > him often to find out if the return was ready. I was pretty
> > > much ignored. I figured he was very busy and that everything
> > > would be fine. How easy is it to sue for this sort of thing?
> > > I doubt he will willingly pay the penalties for me.


> It's difficult to give an advice for such a problem: maybe
> we need to know HOW MUCH your accountant asks to be paid for
> his work. Maybe your accountant has disregarded to your
> files because he considered you a low-profile client. (but
> this does NOT justify his behavior)
> I think that the only way to compensate the penalties is to
> ask a sale on his fees for the next two or three years.


Thanks to everyone who replied.

I pay him $250.00 to do my personal taxes and another $425
to do my corporate taxes.

I still have not called, I wanted to be prepared so I asked
my wife for the return receipt we received when she sent our
tax info to him many months ago. Well, she lost it. I then
checked my phone bills for the time I was calling him
(before the deadline) and they do show many calls to his
office. I will call tomorrow.

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #4  
Old 03-28-2007, 09:34 PM
Giulio
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Posts: n/a
Default Re: My accountant filed over 60 days late and now I have $2,300 in penalties.

- quote -

> Ned" <nedhart[at]hotmail.com> wrote:

> > I gave him everything he needed months in advance. I called
> > him often to find out if the return was ready. I was pretty
> > much ignored. I figured he was very busy and that everything
> > would be fine. How easy is it to sue for this sort of thing?
> > I doubt he will willingly pay the penalties for me.


It's difficult to give an advice for such a problem: maybe
we need to know HOW MUCH your accountant asks to be paid for
his work. Maybe your accountant has disregarded to your
files because he considered you a low-profile client. (but
this does NOT justify his behavior)

I think that the only way to compensate the penalties is to
ask a sale on his fees for the next two or three years.

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #3  
Old 03-27-2007, 05:02 AM
Drew Edmundson
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Posts: n/a
Default Re: My accountant filed over 60 days late and now I have $2,300 in penalties.

Ned" <nedhart[at]hotmail.com> wrote:

- quote -

> I gave him everything he needed months in advance. I called
> him often to find out if the return was ready. I was pretty
> much ignored. I figured he was very busy and that everything
> would be fine. How easy is it to sue for this sort of thing?
> I doubt he will willingly pay the penalties for me.


Why not just call him and see what he says? You might be
pleasantly surprised.

--
Drew Edmundson, CPA
Cary, NC

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #2  
Old 03-26-2007, 03:16 PM
Seth Breidbart
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Posts: n/a
Default Re: My accountant filed over 60 days late and now I have $2,300 in penalties.

Ned <nedhart[at]hotmail.com> wrote:

- quote -

> I gave him everything he needed months in advance. I called
> him often to find out if the return was ready. I was pretty
> much ignored. I figured he was very busy and that everything
> would be fine. How easy is it to sue for this sort of thing?
> I doubt he will willingly pay the penalties for me.


The IRS might be willing to cancel the penalties if he takes
the blame. You're stuck with the interest no matter what
(though perhaps you can get him to pay it, it's probably a
lot less than the penalties).

Seth

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #1  
Old 03-25-2007, 04:07 PM
Harlan Lunsford
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Default Re: My accountant filed over 60 days late and now I have $2,300 in

Ned wrote:

- quote -

> I gave him everything he needed months in advance. I called
> him often to find out if the return was ready. I was pretty
> much ignored. I figured he was very busy and that everything
> would be fine. How easy is it to sue for this sort of thing?
> I doubt he will willingly pay the penalties for me.


What type of tax return are you speaking about, and for what
year? And when did this occur? Was there also a problem
with a state tax return?

ChEAr$,
Harlan Lunsford, EA n LA

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
 
Old 03-25-2007, 04:07 PM
rlsusenet@NOSPAMPUHLEEZschnapp.org
Guest
 
Posts: n/a
Default Re: My accountant filed over 60 days late and now I have $2,300 in

Ned wrote:

- quote -

> I gave him everything he needed months in advance. I called
> him often to find out if the return was ready. I was pretty
> much ignored. I figured he was very busy and that everything
> would be fine. How easy is it to sue for this sort of thing?
> I doubt he will willingly pay the penalties for me.


Interesting. I'd present it to him and ask him to make
good.

If he refuses, you could take him to small claims court.
Make certain you have evidence to refute any excuses he
might try to make for why it's your fault.

That might be difficult, of course. How do you prove when
you gave him the information he needed?

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #-1  
Old 03-23-2007, 09:31 AM
Ned
Guest
 
Posts: n/a
Default My accountant filed over 60 days late and now I have $2,300 in penalties.

I gave him everything he needed months in advance. I called
him often to find out if the return was ready. I was pretty
much ignored. I figured he was very busy and that everything
would be fine. How easy is it to sue for this sort of thing?
I doubt he will willingly pay the penalties for me.

Thanks

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
 

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300, accountant, days, filed, late, penalties
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