Recent content by cactuscom

No, what would they do exactly? He requested to talk to my dad (who is not in the office). He threatened again when I told him he wasn't here and then he walked away.

Said client just showed up at our office threatening that if we don't pay him, he's going to go to the IRS, the board of accountancy, district attorney, etc.

I have my own clients. Being a CPA is miserable honestly so I'm not sure if I want to shell out thousands for something that I don't find fulfilling. I only did so now because it's an established business and we needed to change things ASAP.

The letter is from the client who has since tried calling us several times. We haven't answered. We've also consulted a lawyer.

He's a stubborn dinosaur who made a lot of money doing things in a very narrow way for 30 years and see's no reason to change. I'm doing the best I can and I've already spent many thousands of dollars upgrading software. Now I'm paying for malpractice insurance out of pocket because he still...

To clarify, they sent us a letter demanding that money and stating the reasons why saying that if we don't pay in 30 days, they will take legal action. I'm not savvy to the differences between negligence and malpractice so thank you for clarifying. The client is an individual with multiple...

We are both CPAs in the firm.

Thank you for the reply.

I'm a partner in an accounting firm and a client, after 20 years, is suing us for malpractice. They're claiming that we misappropriated funds for the last 20 years (incorrect) as well as filing incorrect payroll tax returns (all returns were filed correctly and on time) and they're demanding $3...

Thanks all for the replies, much appreciated and I'm sorry for all the questions on different forums. This is all new to me and I work seven days a week and go to school among many other things and my life has already significantly been slowed down. I suppose at this point it's just a matter of...

Thank you adjuster. I'm just trying to understand how the other party is placing the fault on me.

Hi adjusterjack, thanks for the reply. I'm on FreeAdvice, just wanting to get as many opinions as I can as I'm very worried that this will be time consuming and take many months before an end is in sight.

My car was hit this past Friday on my way to work. I was driving southbound on a road approaching an intersection of another street that had a stop sign (the road I was on did not have a stop sign on either side). Another car was driving opposite of me (northbound) and was wanting to make a left...