I’m currently working part-time at a local firm that specializes in small business and individual tax preparation. Last week, I prepared a client’s Form 1040 tax return, which included approximately $90,000 in investment capital gains, along with around $80,000 in wash sales. As a result, the client was facing a tax liability of about $6,000. Today, I discovered that my supervisor had taken out the wash sale from the tax return because the client wasn’t happy with those results. The revised numbers from my supervisor now show a tax refund due to the earned income credit! 😅
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My supervisor is preparing fraudulent tax return
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© 2025 accountspayableaudit.co.uk. Created for free using WordPress and Kubio
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It sounds like you’re in a really tough situation. It’s important to remember that tax fraud can have serious consequences both for you and your supervisor. If you believe that your supervisor is preparing fraudulent tax returns, it’s crucial to consider your options carefully.
You might want to document everything and report this to a higher authority within your firm or to a regulatory body, depending on your comfort level and the procedures in place. It’s vital to protect both yourself and ensure that your work remains ethical. Remember, you have a responsibility to adhere to tax laws and regulations, and enabling fraudulent behavior can damage your professional reputation and future career. If you’re unsure about what steps to take, seeking advice from a trusted mentor or a legal professional may also be beneficial. Stay strong and prioritize integrity—it’s the right thing to do.