"Win or lose, CPAs providing financial and tax advice to their clients might be in treacherous territory.
Providing solid, accurate advice to these clients might not suffice. There’s trouble brewing even if the CPA’s advice is correct, as it could run afoul of securities administrators who might view the providing of financial and tax advice more broadly. In addition, a CPA who provides erroneous financial and tax advice might be subject to malpractice claims. Through it all, the parameters of providing financial advice remain uncertain." Read Entire Article: http://www.accountingtoday.com/news/tax-practice/perils-of-providing-financial-and-tax-advice-79302-1.html Comments are closed.
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September 2017
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