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SCMegatron t1_j9t17ox wrote

Reply to comment by tookerken in New to taxes. Confused and lost about what to do, so I need guidance. by Bigshit67

"absorb all of the liability"

Not at all true. The IRS may penalize your tax preparer (if they're a CPA). The taxes that are owed will be paid by you. You could go to tax court. The benefit is that you have someone that knows how to interpret and handle communication from the IRS.

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tookerken t1_j9twex6 wrote

By liability I mean if any mistakes are made they absorb that liability of mistakes.

They will 100% be responsible if they screw up your tax returns, and that costs you money.

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