Registered Tax Preparers

As a CPA, it always shocked me when I reviewed a tax return that wasn’t prepared in accordance with the applicable tax law.  I’m not talking about a mistake on the application of laws.  I’m saying that I saw fraudulent tax returns.  Let me given you an example.  A client referred a taxpayer to us to assist in an IRS issue.  I met with the taxpayer and found out that the IRS wanted the refund back that it gave her.  In order to determine if the IRS notice was correct, we reviewed the tax return.  The IRS was stating that the taxpayer shouldn’t have taken a deduction for mortgage interest and for a large amount of charitable deduction. Continue reading