CPA Missed Tax Filing Deadline — Now I Owe $8K in Penalties

I publish illustrative scenarios prepared by my practice. The participants and conversations are fictional. These are not posts by real users, accounts of client experiences or reports of actual results.
Started by two_cents_here_1 · May 17, 2024 · 3 replies
For informational purposes only. This is not legal advice.
CM
two_cents_here_1OP

Looking for advice on this situation. CPA Missed Tax Filing Deadline - Now I Owe $8K in Penalties

Details: I'm in a situation where I need to understand my legal options. Has anyone dealt with something similar?

CM
two_cents_here_1OP

Update: Thanks everyone for the guidance. I consulted with an attorney and we're moving forward. The advice here helped me understand what questions to ask and what to expect. Will update when there's a resolution.

AW
also_worker_39

Same boat here. The waiting is the hardest part.

AF
asking_freelancer_2

Check if there's a choice of law provision. That determines which state's law applies.

AB
another_buyer_29

Just went through this. Happy to answer questions via DM.