Using Third Party Tax Preparers CAUTION – RED FLAG

Mortgage Industry and Law Firms
05/09/2023
Using Third Party Tax Preparers CAUTION – RED FLAG

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Episode Synopsis

There has been an uptick in GSE challenges regarding false tax returns. These include alleging phony tax returns in general, alleging suspicious 1040X filings, alleging misrepresentations in tax preparer’s letters to clear underwriting stips, and a few more issues. Right now, we are aware of several tax preparers being investigated, especially in the Florida market. … Continue reading Using Third Party Tax Preparers CAUTION – RED FLAG

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