Credit: Dilok/Adobe Stock 11th Circuit: Relying on CPA Not 'Reasonable Cause' to File Late Tax Returns, Even With E-Filed Forms
"Taxpayers need to fully understand both the hidden dangers and available protections when relying on an agent to file their tax returns, and accountants and other professional tax preparers should advise their clients of taxpayers' responsibilities to ensure the submission of their returns regardless of their reliance on an agent," the appeals court said.
October 30, 2023 at 03:36 PM
5 minute read
The U.S. Court of Appeals for the Eleventh Circuit affirmed a ruling against a man who claimed that because his CPA failed to file his tax returns for three consecutive years, he should not be hit with nearly $80,000 in late penalties due to having a "reasonable cause" for delay.
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