In May 2012 the U.S. Tax Court ruled against a person that prepared his own tax return for failing to comply with Treasury Department regulations in claiming charitable contributions. The person failed to follow the instructions for the Form and as a result will not be able to deduct millions of dollars in the value of real estate donated to charity. A certified public accountant (CPA) would have known the rules and would have saved his/her client from this failure. If you want to read the Tax Court decision click here.
We have the knowledge and experience to prepare your tax return correctly the first time. Our associates have experience working with the IRS to resolve tax disputes and working on cases filed before the U.S. Tax Court. Most tax preparers are not allowed to represent you before the IRS or the CT Dept. of Revenue for examination (audit) or collection matters. We can also represent you before IRS Appeals
Information provided on this website is provided for general public information and is not intended to provide specific recommendations. Personal or business situations vary and specific advice can only be provided on an individual basis. Discuss your specific situation with a tax professional, financial advisor or attorney. We are available to provide information and advice to clients on a fee basis. Information contained on this website is not intended to protect clients relative to any type of tax penalties which apply under the provisions of the Internal Revenue Code as per Treasury Circular 230.
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