Discussion:Freddie Mac Quality Control Program - is this real?
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| Revision as of 20:59, 14 February 2009 LJACPA (Talk | contribs) (New Discussion) ← Previous diff |
Revision as of 21:18, 14 February 2009 Jdugancpa (Talk | contribs) (Yes, I saw one l) Next diff → |
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| {{ForumNewPost|UserID=LJACPA|Date=14 February 2009|Text=This is a new one on me and smacks in the same vein as those lovely lender letters. It's odd that this letter/inquiry I received yesterday deals with the same client I refused to do a 'CPA letter' for a couple of years ago who is now in dire desperation on multiple loans. This inquiry, and it kind of looks real, asks essentially the same question that I refused to 'attest' to previously. A copy of the 1040, pages 1 and 2 - that I prepared - is attached to the inquiry along with one of the Borrower's Certification & Authorization sections of one loan. The question asked is, "Is the information on the attached tax document accurate for the year indicated?" What??? It's accurate as far as what the client provided and why would I sign the return otherwise? But this then goes back to one of the major issues, that the information is as accurate as the client provided and I've met the reporting requirements but did not 'audit' that information. I'm completely averse to responding to this, but wonder if there would be any ramifications for not doing so. Has anyone else seen this? Thanks.}} | {{ForumNewPost|UserID=LJACPA|Date=14 February 2009|Text=This is a new one on me and smacks in the same vein as those lovely lender letters. It's odd that this letter/inquiry I received yesterday deals with the same client I refused to do a 'CPA letter' for a couple of years ago who is now in dire desperation on multiple loans. This inquiry, and it kind of looks real, asks essentially the same question that I refused to 'attest' to previously. A copy of the 1040, pages 1 and 2 - that I prepared - is attached to the inquiry along with one of the Borrower's Certification & Authorization sections of one loan. The question asked is, "Is the information on the attached tax document accurate for the year indicated?" What??? It's accurate as far as what the client provided and why would I sign the return otherwise? But this then goes back to one of the major issues, that the information is as accurate as the client provided and I've met the reporting requirements but did not 'audit' that information. I'm completely averse to responding to this, but wonder if there would be any ramifications for not doing so. Has anyone else seen this? Thanks.}} | ||
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| + | {{ForumReplyPost|UserID=Jdugancpa|Date=14 February 2009|Text=Yes, I saw one last year. First thing I did was inquire of my client if he wished me to respond. He had already gotten the loan so he said no, so I did not. I would put it in the round file.}} | ||
Revision as of 21:18, 14 February 2009
Discussion Forum Index --> Advanced Tax Questions --> Freddie Mac Quality Control Program - is this real?
Discussion Forum Index --> Tax Questions --> Freddie Mac Quality Control Program - is this real?
| 14 February 2009 | |
| This is a new one on me and smacks in the same vein as those lovely lender letters. It's odd that this letter/inquiry I received yesterday deals with the same client I refused to do a 'CPA letter' for a couple of years ago who is now in dire desperation on multiple loans. This inquiry, and it kind of looks real, asks essentially the same question that I refused to 'attest' to previously. A copy of the 1040, pages 1 and 2 - that I prepared - is attached to the inquiry along with one of the Borrower's Certification & Authorization sections of one loan. The question asked is, "Is the information on the attached tax document accurate for the year indicated?" What??? It's accurate as far as what the client provided and why would I sign the return otherwise? But this then goes back to one of the major issues, that the information is as accurate as the client provided and I've met the reporting requirements but did not 'audit' that information. I'm completely averse to responding to this, but wonder if there would be any ramifications for not doing so. Has anyone else seen this? Thanks. | |
| 14 February 2009 | |
| Yes, I saw one last year. First thing I did was inquire of my client if he wished me to respond. He had already gotten the loan so he said no, so I did not. I would put it in the round file. | |
