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- 230 and refusal to file Texas
230 and refusal to file Texas
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Strongsilence-C
Level 10
10-27-2023
04:59 PM
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Client has decided not to file Texas No Taxes Due return for certain properties. There will be no taxes due.
I know I need to document this in the engagement letter.
I'm not sure that Circ 230 applies. There is a section requiring one to advise about penalties for noncompliance.
Any concerns here?
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sjrcpa
Level 15
10-27-2023
05:24 PM
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FYI- Texas is on a rampage lately.
We've had several new to us clients get letters from Texas asking for 5-6 years worth of returns. Some have -0- tax due. One client has received a jeopardy assessment.
Your responsibility is to inform the client of their filing responsibility, and potential consequences of noncompliance.
If they refuse, you consider whether to retain them as a client.
Since you're a CPA- consider the SSTS and your state ethics code as well. Circular 230 governs practice before the IRS.
The more I know, the more I don't know.
