Does your tax-preparation firm seek a commission based on how big a refund they can get for you on an amended tax return?
If that’s what they propose, turn around, walk out the door, and start running! You see, Treasury Regulations make it illegal to charge a contingent fee for amended returns.
To get the whole story on how to spot this tax-preparation scam, don’t miss my new article titled Tax Tips: Tax Preparation Firm Charges Illegal Commissions.
Three ways our fact-filled article can help you:
- You’ll learn the three exceptions to the “no commissions” law. The IRS does allow a tax practitioner to charge a commission or “contingent fee” for services rendered. But only under limited conditions. We’ll spell them out for you when you read the full article.
- We’ll tell you what really gets the IRS angry! If there’s one thing that ticks off the IRS big time, it’s ethics violations. Any tax preparer who plays fast and loose with their ethics will face the full wrath of the IRS as you’ll learn when you read the full article.
- You’ll learn how you can get into trouble too. The IRS doesn’t simply go after the unethical tax preparer. There’s a good chance the IRS will audit you too – the client of the tax preparer. Get the whole story when you read the full article.