Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I'm with the AARP/TaxAide program, which is kinda like VITA: we receive the VITA materials, take the VITA test, get certified by the IRS, etc. And the annual letter of appreciation I get from the IRS says nice things about service to the community through SPEC, VITA and TCE. This is from the AARP/TaxAide Policy Manual:

The Introduction and Administrative Guidelines of the IRS Volunteer Assistor’s Guide states that volunteers are not legally liable under federal law for the returns that they prepare. The Volunteer Protection Act of 1997 (S.543) provides that certified volunteers are not liable for harm caused by an act or omission if they’re acting within the scope of their responsibilities and the harm was not willful.

A corollary to this could be that we might possibly be liable for harm caused if we act out of scope or if the harm is willful. And in any case, our "scope" is clearly defined: Sch C-EZ but not Sch C; no rental income; no non-cash contributions over $500 (and hence no 8283); no business returns; and a host of others things we're not supposed to tackle. (That willful harm gives me pause, however ...)

Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.