The accountant we used made mistake which I ended up getting a please explain from the ato. We have 2 joint term deposits which he declared on my wifes tax return but not on mine.
I received a please explain plus had to pay tax and a penalty on .
Exactly my point.
One accountant cocked up my share trading and listed a profit $185,000 more than I had made, I had to sort it out with ATO
A few years later, next accountant listed my super contribution twice at $500,000
I got a letter from ATO 5 years later telling me I owed something like $250,000 in extra tax for paying too much into my super fund.
Took me a month of ulcers to sort that one out with the help of a wonderful lady in the ATO
And there was the accountant who did not report my GST yearly for 4 years, so again I had to do it myself
I have been doing my own tax now for about 14 years.
If you have an accountant buried up to the neck in sand, what is the problem
Not enough farking sand.