Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What happens if an agent, acting on behalf of their client, makes a mistake?

0
Posted

What happens if an agent, acting on behalf of their client, makes a mistake?

0

A return may be inaccurate because someone acting on behalf of a taxpayer, like a tax advisor, has failed to take reasonable care. It is however, the taxpayer who is responsible for the accuracy of the return, and they may still be charged a penalty. No penalty would be due if the person can show that they took reasonable care to ensure that the return was accurate.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123