Likely Than Not?
Success?
Not?
Yourclientoperatesasmalltelemarketingcompany out of her home, and she has one full-time employee who assists in making phone calls to prospective cus- tomers. Her teenage daughter also enters data into the company’s electronic record-keeping system on a regular basis. Her daughter is somewhat “spoiled,” so your client pays her $40 cash per hour to encour- age her to develop a solid work ethic and work dili- gently. Your client has told you that she wants to “be straight” with the IRS in every way. Are there any issues that you might want to challenge
or research?
or research?
filed her return last year about these errors?
client?
is a friend of yours, but he really screwed up and should compensate your client if she incurs tax penalties and interest. Would you inform your client about her rights against your friend? Should you inform your friend about this?
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