QUESTION
Last year around this time my wife and I went to get our taxes done at h and r block and much to our surprise we were notified that the tax accountant
Asked on Jan 19th, 2012 on Business Law - North Carolina
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(from h and r block) from the previous year added 1 zero too many on a certain section. As a result of this error our tax refund had increased from what it was suppose to be. We were then notified that we would have to pay this money back with interest. We have been paying this money back ever since and I do feel this is unfair. It was not our intentions to take advantage of the government and I feel like we have took out a loan that was not our intentions to take. And this could not have come at a worst time.. Last year we had a baby that came out of nicu and she has been in there for 3 and a half months.
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The general legal rule is that, if you receive money by mistake, you must repay it. The same holds true of taxes. It is difficult for you to argue that you should not have to repay the money, since, had your tax return been accurately prepared, you would never have received the money in the first place. In other words, by repaying the money, you are simply restored to the position you would have occupied had the return been correct.
You may have a claim against H & R Block with respect to the interest, My guess is that the interest alone is not a large number. But you should raise it with them.
Answered on Jan 19th, 2012 at 5:21 PM