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accountant-client privilege
Essay specific features
Written by:
Sylvia W
Date added:
June 11, 2015
Level:
University
Grade:
A
No of pages / words:
18 / 4947
Was viewed:
1360 times
Rating of current essay:
Essay content:
As with other privileged communications there are exceptions as to what is privileged and what is not.
For whatever reason, many taxpayers have viewed this limited privilege as equivalent to the attorney-client privilege. Sadly, even some tax pros don't quite understand the protection afforded the client under Code Section 7525, and the few recent rulings are giving the tax preparers less sense of security...
displayed 300 characters
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Communications between professionals and their clients other than those between an attorney and his or her client are not privileged under federal law. In cases involving federal law, state-provided rights to confidentiality of accountant-client communications are not recognized.
To get around this issue, in the past, in order for a CPA to seek communication privilege with their client an attorney would have to be hired in order to invoke the attorney-client privilege which would also extend to the accountant...
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