Accounting malpractice and accountant mistakes cost money. In fact not only can bad accounting cost you what you paid the negligent accountant or accounting firm, but can incur unnecessary tax penalties, trigger audits, and force you to pay other competent professionals to analyze the malpractice and fix the accounting problems. In some situations you can be held out to face criminal investigation or even be charged with a tax crime because of accounting negligence. While all these costs of accounting malpractice may be considered damages, alleging accounting malpractice and proving accounting malpractice damages can be a complex matter of litigation.
Accounting mistakes and errors resulting in accounting malpractice happen more often than you might think. When an accountant or accounting firm intentionally or unintentionally commits accounting malpractice by overlooking an important due date, failing to complete tax compliance, misreports or misstates income, or doesn’t deal with important financial obligations as engaged, you or your company can sustain financial damages. You can be held out to pay more taxes, fines & penalties, delay any refunds or offsets due, and expend more money (that you may not have) to correct the accounting errors. Unless the accounting malpractice is blatantly obvious, uncovering and correcting accounting malpractice is somewhat complicated unless you know what to look for. If the accounting malpractice is intentional, deliberate, or willful, a dishonest accountant or accounting firm can disguise their mistakes and hide the malfeasance in ways that can make it difficult to prove.
Luis De Luna is an experienced tax litigation attorney and a Certified Public Accountant. Prior to entering private practice, he worked as an IRS Agent for 13 years and at a publicly listed company overseeing audits and tax compliance for over a decade. Mr. De Luna has years of experience on both sides of the IRS that provides useful insight into the forensic accounting and detailed tax analysis required in accounting malpractice cases. His experience can be a valuable asset in indentifying and evidencing financial damages in accounting malpractice cases. Mr. De Luna is also an adjunct professor of accounting and speaks regularly to attorney groups on legal topics involving tax litigation, IRS collections, and accounting malpractice. De Luna Law has the experience to help you deal with accounting errors, mistakes, and purse accounting malpractice lawsuits to recover damages.
If you or your business has been a victim of accounting malpractice, or you are an attorney whose client has sustained damages from negligent accounting, we may be able to help you to hold those at fault accountable. Hiring an experienced lawyer to handle a complex accounting malpractice case is an important decision. De Luna Law offers a free initial consultation where we can investigate your accounting malpractice case and explain the laws and available options in understandable terms so that you can make an informed decision to pursue damages. De Luna Law handles many accounting malpractice cases in a contingency basis and we may be able to help you.
Contact De Luna Law at 800-897-4076 to see how we can help pursue recovery in you or your client’s accounting malpractice matter.