Tax Question and Advice!
So I was wondering if I have any options in this scenario.
I used to do my own taxes, but I am now married with a kid. I figured my taxes would be a lot more complex than what I’m used to so I hired someone to do my 2009 taxes. My dad has been going to this old East Indian guy in Castleridge for decades. He passed away recently and his son and two grandsons has taken over the business. They all have certificates, diplomas, and/or degrees hanging from their walls, so they do have the experience to do taxes as well. When my wife and I made our appointment, we ended up getting one of the young guys. This guy looked like he was in his early 20’s. I should’ve been skeptical when I was correcting him a couple times while he was doing our taxes.
To make a long story short, I ended up getting a return of over $4k. I was surprised that I was getting this much as I expected under $1k. Regardless, I took the money and paid off a Vegas trip, paid Troutman for doing our will, and gave a chunk to Slava for my RRSPs
I got a notice a couple months ago from the CRA that there was an error in one of my claims. This is where I’m confused. I told the young accountant that if it was beneficial to us as a family, I would like to claim my son as my dependent. Not sure how or what he did, but the government did not agree with something. As a result, they calculated that I should’ve gotten only around $800 back. They charged me about $60 in interest and if I didn’t pay them $3285 by September 27th, they’d start charging more interest
So do I have any options? I’m guessing I’m liable for the taxes owing and the most I can do is call my accountant and see if he would cover the interest that was accrued. I’m hoping for the best but preparing for the worse. I’m assuming I have no way to get the accountant to foot part of the bill since it was his error?
Am I screwed up the poop chute or what?
|