CPA Penalized for Knowledge of Understatement

Published Categorized as Articles, Houston, Tax

Sec. 6701 imposes a penalty for assisting another person in understating their tax liability. The Sec. 6701 penalty is not subject to a statute of limitations. The IRS can assess these penalties at any time, even years and decades after… Read More

The post CPA Penalized for Knowledge of Understatement appeared first on Houston Tax Attorneys: Kreig Mitchell.

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DID YOU KNOW THATOver 90% of IRS Audits Result in More Tax Due?
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