I shared this on Facebook but decided to write a blog about it as the situation is still "up in the air".  I had been using a local CPA for years.  But the last 2 or 3 years it appeared my account was given to an associate.  I noticed he didn't seem to make sense nor ask intelligent questions...and he would ask me questions that as the CPA or accountant, "he" should know.  Sure enough for my 2013 taxes, he called and said I owed $6k.  I called back to question was it because of now having a few agents and to see if I needed to start paying quarterly BECAUSE I had always received refunds up until that time.  He informed me he forgot I had agents and forgot about the 1099s for them.  He later called and said I'd get a refund around "15".  I thought he meant $1500.  A check from IRS hit my account in an amount around $15k!!!  what???  I called him again and stated he better not get me audited.  He then inferred that it would only be wrong if I had given him incorrect data.  BUT he did not go back and recheck his work. 

So this year, he calls again and states I owe $6577, suspiciously close to the original $6k I owed last year before he realized he forgot the agents.  I asked how could there be such a wide range from refund of $15k to now owing 6500 when my income had only increased by about 10k AND I had more expenses!  He said he would recheck last years....sure enough he found his error and admitted same where he took out the money of the 1099s (which had already been accounted for in the worksheets I had given him to work from)!  Yikes...now he states I owe back the 15k PLUS taxes of 12k for that year....what happened to the 6k??  still doesn't add up and if you count 2014 taxes...it was a grand total owed of $33k NOT counting any penalties.  An attorney friend of mine stated sounds like malpractice and a claim for his errors and omissions insurance.  I am having the taxed examined by another CPA firm that I "know" handle real estate persons and am looking for an attorney that can counsel me.  I hate lawsuits or anything of that nature but this is not frivolous, this is a huge mistake and one that never should have happened.  Especially when I brought it to his attention last year while there was still time to take corrective action that would not have been so painful and costly.  Grrrrrrrr!!!  I promise you if a Realtor makes a costly mistake...folks aren't too forgiving...