Discussion:Another Question of Ethics
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| Revision as of 15:52, 30 September 2009 Kevinh5 (Talk | contribs) (Not sure why thi) ← Previous diff |
Revision as of 16:06, 30 September 2009 Smokeytax (Talk | contribs) (I sometimes don') Next diff → |
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| I agree with WayneCPA. The prior tax pro didn't waste his time with listing them because there was no tax benefit, not because he wanted the next tax pro to not know what he charged.}} | I agree with WayneCPA. The prior tax pro didn't waste his time with listing them because there was no tax benefit, not because he wanted the next tax pro to not know what he charged.}} | ||
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| + | {{ForumReplyPost|UserID=Smokeytax|Date=30 September 2009|Text=I sometimes don't enter it when it doesn't benefit the client, just because it's one more number for me to screw up & make a mistake on.}} | ||
Revision as of 16:06, 30 September 2009
Discussion Forum Index --> Tax Questions --> Another Question of Ethics
Death&Taxes (talk|edits) said: | 30 September 2009 |
| Twice in the last month, I have taken on a new client recommended by family members. Both were from New York City and had prior returns done by professionals either in the city or in nearby Long Island. In both cases, the clients were basically employees making 200-300K, plus either stock options or K-1s from family partnerships. In the case of the latter, the K-1s involved filing in CT also.
There was little else complex about the returns, but I was struck with one thing when reviewing 2006 & 2007. Neither professional listed their fee on Schedule A. Had they done so, the 2% rules would have eliminated any deduction, but this seems so chintzy especially when the fees ranged from $1025 to $1475. Do you list your fee even if your client can't benefit? Am I being hyper-critical? | |
| 30 September 2009 | |
| I usually don't when it doesn't benefit them, but then I have to answer questions when the client asks why I didn't include my fee on Schedule A. | |
| 30 September 2009 | |
| I usually list these type items just so the client will not think they were overlooked. I don't see this as an ethical question though. | |
| 30 September 2009 | |
| Not sure why this might be a question of ethics.
I agree with WayneCPA. The prior tax pro didn't waste his time with listing them because there was no tax benefit, not because he wanted the next tax pro to not know what he charged. | |
| 30 September 2009 | |
| I sometimes don't enter it when it doesn't benefit the client, just because it's one more number for me to screw up & make a mistake on. | |
