PREPARER PENALTIES - Spidell

PREPARER PENALTIES

Log in to Post

Message Board PREPARER PENALTIES

This topic contains 1 reply, has 0 voices, and was last updated by Helena Shepphird 11 months, 2 weeks ago.

  • Author
    Posts
  • #33744
    Anonymous

    WE LISTENED TO YOUR MESSAGE REGARDING PENALTIES FOR NON-REGISTERED PREPARERS.  WE WANT TO VERIFY THAT, FOR INSTANCE, A CPA WHO HAS NOT COMPLETED HIS CONTINUING EDUCATION AND THE FTB CONSIDERS THEM TO BE NOT ACTIVE, WILL PERSONALLY BE ASSESSED THE PENALTY ($2,500 FOR FIRST INFRACTION, ETC.) AND NOT THE EMPLOYER. 

    IS THERE A REFERENCE TO LOOK AT THIS PROVISION?  

    THANKS.

     

     

  • #35432
    Lynn Freer
    Participant

    You might calling CTEC. I'm not sure but my gut feeling is the preparer is the one subject to penalties.