Quote:
Originally Posted by Rochard
Seems my accounted missed a little something something on my taxes and I just got a check for $6044.
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Make sure to show this to your current accountant and get a clear answer from him/her if the refund was due or not. In my teens when I filed my own paperwork with the IRS, I received two refunds unexpectedly. Shortly thereafter the IRS requested the monies to be returned them, unless I disagreed. Since the money was spent, and it was the IRS who figured I was owed a refund in the first place, I did disagree and ended up going through a nasty audit.
Refusing to return the $3000 refund covering two years, costed me well over $20000 with what they found in the audit (penalties included).
Quote:
Originally Posted by dyna mo
before heading off to prague, fire your accounted. that's not a little mistake.
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If it turns out the account made the mistake, and didnt realize you were owed money, fire him or her, and take your previous years return to another accountant immediately for a review. If money is owed you for previous years, the accountant may refile your taxes for those past years.