Unformatted text preview: allow a credit that is not authorized to take. I would advise my client of other ways to reap more of a refund for the business. I would look at depreciation and amortization to see where the owner could receive more back on his or her taxes. Accountants have been considered a dirty career ever since the Enron and World Com devastated the stock market. All accountants will need to follow the rules of GAAP and the IRS rules in order to build more confidence in the public. Integrity is more important to me than money. When I put my name on anything I would not want it questioned because of unlawful practices. Trust is easy to gain, but hard to regain back after lost. References: Willis, E., Hoffman, Jr., H., W., Maloney, M., D, & Raabe, A., W. (2010). South-western Federal Taxation: Comprehensive volume, (33rd Ed.) Mason, OH: South-Western....
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- Spring '11
- Finance, Taxation in the United States, business owner, tax credit, Certified Public Accountant