Tax advisor fails to meet the minimal competency standards

Is my tax advisor liable for helping me commit tax evasion?
Is my tax advisor liable for helping me commit tax evasion?
July 28, 2014
Advisor tax opinion letter Circular 230 dictate standards
Advisor tax opinion letter Circular 230 dictate standards
July 28, 2014
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Tax advisor fails to meet the minimal competency standards

Tax advisor fails to meet the minimal competency standards

The Internal Revenue Service has the power to censure, discipline, fine or remove the right to practice on any practitioner that proves to be incompetent, disreputable, or simply fails to comply with the prohibited conduct standards. It can do the same where it proves a practitioner willfully and knowingly defrauded, mislead, or threatened a client or prospective client. The IRS takes this very seriously.