Accepting an Engagement for a Friend has Its Pitfalls - Part I

Beyond Numbers - Nbr. 469, February 2008

Utley, Chris
Permanent Link: http://ca.vlex.com/vid/accepting-engagement-friend-pitfalls-64867196
Id. vLex: VLEX-64867196

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Summary:

Having had no response from [Joe] six weeks later, however, [Dave] telephoned the CA's office. He was told that Joe was away on business, and ended up speaking to [Karen]. Dave explained that he didn't know if anything had been done yet, and was concerned. The CRA was charging him interest on his penalty, and he wanted to know if he was required to file a 2005 return. Karen agreed to contact the CRA to clear up the penalty issue, and advised Dave that he should file his 2005 T2.

Headnotes:

Extract:

Accepting an Engagement for a Friend has Its Pitfalls - Part I

How many times have you accepted an engagement as a favour to an old friend or former client only to regret your decision afterward? Often in these kinds of situations, we let our guard down-the engagement is outside the no...



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