Reply To: New Client hAs assessed taxes In the amount of $3,950,078

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#33682
Eric Green
Keymaster

Ray, there are lots of reasons to NOT take this client. The critical thing here is to just do the analysis and decide if you feel like dealing with this person. My biggest concern is can you even do the collection work when it seems they may or may not be forthright with you. You need to have a talk with the client and see if your comfort level with them improves. I have had clients that are a mess but were not necessarily bad clients.

If you do keep them:
1. Get the returns for 13-15, plus 18, pulled together and filed to get them into compliance (ignore the ones before 13)
2. Work on a 433 with back-up. They may be keeping a lot of their income off the books, which would be a reason to NOT take them as clients. If you get the sense that the 433 would not be accurate I would walk away from this.

Eric