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Author: ethan2007 One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 122053  
Subject: Re: Unique Real Estate Tax Situation Date: 5/1/2007 10:27 PM
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Hey Folks,

I have a follow up to this issue and wanted to get y'alls insights on what seems to be an matter of ethics at this point.

As you know my current CPA filed my returns incorrectly based on the code sited on this very board and based on the professional opinion and investigation of my new CPA. In any event, here is the current conundrum:

Luckily, I pay my CPA after he sends me the returns. Hence, I have not yet paid him for the inaccurate returns. So now the question is do I pay him in full or do I pay him minus the charges of the new CPA?

On another note, I wanted to know if the new CPA sites the code as it is today showing the facts around capital gains and real estate and files the amended return could the IRS come back later on for any reason and over turn the amended return making me pay interest and fees?


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