Surgent's Tax Practitioner Horror Stories

Overview

In life and in tax practice, often the best way to learn something is to profit from the mistakes of others. In tax practice, mistakes can result in tax liabilities for clients and malpractice lawsuits against the tax professional. Don’t let this happen to you.

In this program, we attempt to learn from the mistakes of others to avoid making them ourselves. We go through a series of “horror story” case studies that are both entertaining and educational. Practicing tax is a risky, sometimes horrifying business. Take this opportunity to prepare yourself for the risks that come with practicing tax by learning from these sobering, cautionary case studies.

Objectives

• Understand the types of transactions that give rise to malpractice lawsuits brought against tax advisors
• Take steps to limit exposure to an action in malpractice brought by a tax client

Highlights

• Tax practitioner “horror stories” that illustrate what tax practitioners should try to avoid at all costs
• Avoiding malpractice lawsuits brought against tax practitioners

Designed For

Any Accounting and Finance Professional who wants to limit his or her exposure to malpractice lawsuits and be aware of the types of tax transactions that give rise to malpractice actions against tax advisors

Prerequisites

A basic understanding of the tax rules relating to individual income tax

Preparation

None

Notice

To access this program, log into your CTCPA account at https://www.ctcpas.org/my-cpe/upcoming and click on the orange "Launch Event" button.