Dbertke wrote:Asking for a friend.
Dbertke wrote:They e-mailed me a Tik-Tok video of some guy telling adult dependent children that they should mark on their 2020 tax returns that they are no longer dependent in order to get their first and second stimulus checks. I responded to her that while this is true, he is only telling one side of the story. I explained to her how her college age daughter claiming herself as a dependent would result in the parent taxpayer being unable to claim the AOTC, or the credit for other dependents.
To put this into context, this e-mail came after an initial e-mail from her saying that I should be prepared for her tax appointment because she wanted to take advantage of all stimulus related tax incentives including transportation expenses?!? (she is a W-2 employee).
smtcpa wrote:It's no different than advice from the friend's barber, Facebook, or any other source. I listen to it, usually dispute it because it's wrong, and they accept it.
CathysTaxes wrote:smtcpa wrote:It's no different than advice from the friend's barber, Facebook, or any other source. I listen to it, usually dispute it because it's wrong, and they accept it.
Sometimes it's not that easy. I've had clients that demanded I do what their idiot friends do and I've literally printed out the IRC and shoved it at them. Most of these clients are history.
CathysTaxes wrote:Most of these clients are history.
CaptCook wrote:CathysTaxes wrote:Most of these clients are history.
Most?
If I ever had a client demand I do anything I wasn't comfortable with, let alone wrong, I'd show them the door immediately.
smtcpa wrote:It's no different than advice from the friend's barber, Facebook, or any other source. I listen to it, usually dispute it because it's wrong, and they accept it.
CathysTaxes wrote:Sometimes it's not that easy. I've had clients that demanded I do what their idiot friends do and I've literally printed out the IRC and shoved it at them. Most of these clients are history.
Return to Business Operations and Development
Users browsing this forum: No registered users and 29 guests