So I just received my first CP2000 notice today for a tax year from a few years ago. It looks like my CPA omitted the entire PFL amount (they included the regular UI payment but not the PFL portion), and now there’s about a $500 interest charge.
I’d like to ask them to reimburse the interest, since this seems like an error in preparation. How realistic is it to expect reimbursement for something like this? For context, it’s a small CPA firm, not a chain.
CP2000 – Asking my CPA for reimbursement on interest charge? California
byu/Monkfrootx intax
Posted by Monkfrootx
3 Comments
Interest is typically not reimbursed because you benefited from the additional money over the past couple of years and had the opportunity to invest it/earn interest in a bank
Realistic only if you actually gave them the information and they like you.
California had an interesting rule where all the money you’ve paid into SDI counts as a return of capital when you take PFL. Double check it’s not something to do with that.