Taxpayer lacks reasonable cause for CPA's failure to e-file his returns.
- Resource Type
- Article
- Authors
- McKinley, John; Godwin, Thomas
- Source
- Journal of Accountancy; Feb2024, Vol. 237 Issue 2, p28-29, 2p
- Subject
- TAX refunds
INCOME tax
ACCOUNTING exams
TAX returns
DISTRICT court decisions
- Language
- ISSN
- 00218448
The article focuses on a legal case where the Eleventh Circuit affirmed that the principle established in Boyle v. U.S. also applies to electronically filed tax returns, indicating that taxpayers relying on an agent to e-file returns lack reasonable cause for the agent's failure to file. It mentions the case involves a taxpayer who sued his CPA for negligence after the CPA failed to file his tax returns, resulting in significant penalties.