When it comes to financial matters, certified public accountants (CPAs) cannot use ignorance as a defense if their clients’ tax returns are later investigated. This is especially true if those financial matters involve legal issues — as they do if your client happens to engage in fraudulent or criminal activity…. [Read more]
What to Know When Your Client is Facing a Criminal Investigation by the IRS
There are few calls less welcome than a call from the IRS. It could come directly to your accounting office or you might hear from a client after they have been contacted. Either way, you need to take the issue seriously and act carefully because your immediate actions may negatively… [Read more]
