Thursday, August 18, 2011

A Tax CPA Not Filing Taxes

My daughter goes to the University of Tennessee. Perhaps it is because she is in Knoxville that the following story about Edgar H. Gee Jr. caught my eye.
Mr. Gee is a CPA and has (had?) a small accounting firm on the west side of Knoxville off Kingston Pike. He has been at this for a while, as he is going on 40 years of professional experience.  His resume is nothing to snicker at:
·    He has published articles in the Tax Adviser (a professional publication)
·    He has testified before the U.S. House of Representatives Subcommittee on   the Oversight of IRS Activities
·    He is co-author of PPC’s Guide to Worker Classification
·    He is the winner of the Max Block Award by NYSSCPAs for Distinguished Article of the Year 2000
·    He is a past president of the Knoxville Chapter of the Tennessee Society of Certified Public Accountants
·    He was the recipient of the Discussion Leader of the Year award from the Tennessee Society of CPAs in 2001
What did he do?
Well, the IRS Office of Professional Responsibility disbarred him because he did not pay taxes for tax years 1997 through 2005. The OPR said he had engaged in disreputable conduct by willfully evading his taxes for nine years. The amount of taxes, including interest and penalties, was approximately $340,000.
I guess he can continue lecturing, but he is not practicing before the IRS again.
What argument does a tax CPA present when he hasn’t filed taxes for almost a decade? I didn’t know? That kite is just not going to fly.
It’s just sad.
BTW I do not know Mr. Gee, but maybe I’ll run into him sometime. I do hope that he is not teaching tax at UTK.

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