taxpayer has no obligation to pay more taxes than are legally owed, and a [CPA] has a duty to the taxpayer to assist in achieving that result.” – SSTS No. 1, ¶ 11. This statement comports with what CPAs more commonly say, which is that tax avoidance is perfectly fine while it’s tax evasion that’s criminal. As a future CPA (or business / financial professional), do you agree with this philosophy? Why or why not?
taxpayer has no obligation to pay more taxes than are legally owed, and a [CPA] has a duty to the taxpayer to assist in achieving that result.” – SSTS No. 1, ¶ 11. This statement comports with what CPAs more commonly say, which is that tax avoidance is perfectly fine while it’s tax evasion that’s criminal. As a future CPA (or business / financial professional), do you agree with this philosophy? Why or why not?
Chapter12: Tax Administration And Tax Planning
Section: Chapter Questions
Problem 19MCQ: If a U.S. Tax Court agrees with the taxpayer on appeal that the IRS position was largely...
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“[A] taxpayer has no obligation to pay more taxes than are legally owed, and a [CPA] has a duty to the taxpayer to assist in achieving that result.”
– SSTS No. 1, ¶ 11.
This statement comports with what CPAs more commonly say, which is that tax avoidance is perfectly fine while it’s tax evasion that’s criminal. As a future CPA (or business / financial professional), do you agree with this philosophy? Why or why not?
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