Quote:
Originally Posted by squiggs96
You may be able to get the firm to pay for the fine and/or interest if you can prove they were negligent on filing your return. As for the $3,285, you are definitely on the hook for that. It was never your money in the first place, so you do not have a claim to it. It's not a fine or interest amount, so you shouldn't feel wronged. It's similar to if the bank put $4,000 in your bank account by accident, you spent it and then they realized their error and wanted it back. Whether the accountant was right or wrong, you are still ultimately responsible for your asessment. If you thought you were only supposed to get back $1,000, you probably should have waited for the notice of assessment before spending the excess amount. Yes I know it is easier to say that after the fact. Did you bring up this concern with the accountant at the time? Not criticizing, just wondering.
CA
|
Is that really the case though? If you have the return prepared professionaly and they make an error there has to be some liability for them? At the very least I could see that being the interest accrued until they were notified of their error.
Obviously from a CRA point of view they just want their money back, and I understand that. In this case Albertgq took the appropriate steps and was led to believe it was all correct...I have a hard time thinking that the accounting firm would be off the hook here.