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Anyone a Tax Preparer?

Discussion in 'Off-Topic Discussion' started by ReCKzX, Jan 28, 2018.

  1. Jan 28, 2018 at 7:00 PM
    #1
    ReCKzX

    #1
    ReCKzX [OP] New Member

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    Have a question for someone who is a tax preparer...

    How do you file a claim against a tax preparer? I imagine he/she would have E&O insurance and/or professional liability insurance, correct?

    Any help would be great, thanks.
     
    ReCKzX, Jan 28, 2018
    #1
  2. Jan 29, 2018 at 7:51 PM
    #2
    boostedtrdpro

    #2
    boostedtrdpro voided warranty

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    boostedtrdpro, Jan 29, 2018
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    Bob likes this.
  3. Jan 30, 2018 at 1:18 PM
    #3
    ej63090

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    ej63090 New Member

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    That's a tough trek. Was there obvious negligence? Do you think they can prove due diligence? Was the error significant in penalty?

    Don't want to go down a rabbit hole for a small chance.

    They SHOULD have E&O insurance. The firm I am with was self-insured for a long time. Usually one-man-band shops will have E&O and then bigger firms. Many middle market firms opt out because of cost/risk.
     
    ej63090, Jan 30, 2018
    #3
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