Ann, an accountant, prepares a tax return for a client, Beta Sales Company. Carl, who is not an accountant, prepares a tax return for Dina's business, Delta Services. Can an accountant who prepares a tax return for a client be liable for any false statements in the return? Can a person who is not an accountant and who prepares a tax return for someone else be held liable for any false statements in the return?

Question

Ann, an accountant, prepares a tax return for a client, Beta Sales Company. Carl, who is not an accountant, prepares a tax return for Dina's business, Delta Services. Can an accountant who prepares a tax return for a client be liable for any false statements in the return? Can a person who is not an accountant and who prepares a tax return for someone else be held liable for any false statements in the return?

Answer 1

Thank you for using the Jiskha Homework Help Forum. It doesn't really matter who prepares the tax return:

1. (PDF file to download): ww.pillsburywinthrop.com/files/tbl_s31Publication/PDFUplo

2. (PDF):
www.treasury.gov.au/documents/1218/RTF/070320_ExpMemo.

3. (Broken Link Removed)

4. (IRS law): (Broken Link Removed)