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COPYRIGHT 2008 American Institute of CPA's
An owner of a California health care company was found liable by the Tax Court for an accuracy-related penalty for a deduction he claimed in spite of his CPAs advice against it.
Larry Wadsworth was a general partner of Gold Coast Medical Services (GCMS), which provided medical products and services to beneficiaries of the California Medical Assistance Program in 2001 and 2002. In 2003, the California Department...
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