Avoiding Conflicts of Interest

Preparing tax returns for a married couple getting a divorce, or for business owners or partners in dispute, are highly charged situations that can present potential conflicts of interest. What’s the best way to navigate such situations?


Friendly divorcing couples might start out in a cooperative spirit, but sometimes that will deteriorate as negotiations proceed and each act on the advice of counsel. Couples don't always remain friendly or amicable. It isn't their fault — it's someone else's. Who do they blame when things don't work out the way they should? Their CPAs.

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Latest Articles

  • 10 Jul

    Trustee Red Flags and Best Practices

    Many clients look to CPAs as the natural choice to fulfill the trustee role, manage the assets, and carry out client wishes. For CPAs good at managing and minimizing the unique risk attributes of a trustee role, trustee work can be satisfying and rewarding. On the other hand, if a CPA unde... read more

  • 13 Jun

    Report potential claims and claims as early as possible

    CPAs are often so busy that they don't recognize or acknowledge a potential claim as it is developing. This can be particularly devastating when the damages claimed are significant and are not covered because of late reporting. It's important to pay attention to potential issues and to rep... read more