Tax Preparers Liable for Underpaid Tax

Cross References

Proposed Bill No. 814, State of Connecticut, January, 2023 A proposed bill was introduced by a State Senator in the State of Connecticut that reads as follows: That chapter 229 of the general statutes be amended to require that, where a taxpayer underpaid income tax due to tax preparer error, the tax preparer shall file an amended return at no cost to the taxpayer and be liable for any additional tax, penalties or interest owed. Nearly 80 organizations and individuals, including the National Association of Enrolled Agents submitted written testimony for the record opposing S.B. 814.