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To: ConservativeMind

The CPA asks for documentation. That documentation is provided to the CPA by the client. The CPA then fill out the appropriate tax forms with regards to the various tax deductions and loopholes contained in the tax code.

Therefore, the CPA relies on the client to provide accurate information.

Are there times where the CPA is Sierra? YES. Will a good CPA ask questions and digna little deeper? probably.

However, ask your CPA who is responsible for providing the accurate information on a tax return


108 posted on 02/14/2022 7:51:36 PM PST by qaz123
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To: qaz123

CPAs know what is valid information and the do not use uinappropriate sources.


112 posted on 02/14/2022 8:14:08 PM PST by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: qaz123
Therefore, the CPA relies on the client to provide accurate information.

When my clients gave me inaccurate information, I gently advised them that we were going to correct it. Most went along with the corrections. Those that didn't became former clients...it was just a couple.

I split my time between small company CFO jobs, and being a sole practitioner. I haven't prepared a return professionally in about ten years, though that will likely change this year.

117 posted on 02/15/2022 3:13:42 AM PST by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
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To: qaz123

My CPA required all bank statements and written explanations for many entries including receipts. He did not take my word for it. He was a tax attorney as well as an accountant. I’m sure Trump has similar representation.


120 posted on 02/15/2022 6:54:50 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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