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I would spend the time to make internal note outlining the situation, what you did on termination, and what possible complications (and if known, solutions) for the future. All while fresh, in case something comes back a couple years later.

Yes, I would send a letter confirming the termination of your services. If you have not already done so in writing, I would advise your former client to file the 2023 Form 1120 S and the amended tax returns that you prepared. In addition I would make sure that all original documents have been returned. Yes situations like this are depressing. I am currently in the midst of ending my relationship with my third largest business client which started in July 1993.

While not likely an issue among this group, it is a topic I deal with daily. Who signs what and the ramifications. For me, the usual issue is when an employer hires out payroll, but they use a gray processor (the processor is a calculator/print service and signs nothing). I remind the employer even if they hire out to someone who overtly takes on liability, the employer cannot buy out of the liability chain, and the gray provider has likely insulated themself from any liability. Thus, all employers and signatory persons need to get and maintain payroll knowledge. Personally, I remind those I speak with to not sign or be a signatory on company accounts unless they also control the reporting of items they are signatory for, as signatory power means they will get named and may be held liable for failures. This ruling may be a case that makes responsibility not temporary. What employee keeps insurance for this? I have company liability for my errors (as an owner), but I wonder if the above case, the employee is out of pocket for defense and loss.

I can honestly say that as I am just recovering from a bad Pneumonia, I totally don't GET it. I am turning the corner now, though, so may be able to figure it out.

Do you have any PPC guides? If you have the one entitled "Preparing Financial Statements," it covers the various categories and handling of debt securities including its opinion on classifications and handling of sales in the "held to maturity" category.

Yuck. This is an issue with opinion-based services (with little chance of bad or dark gray opinions getting caught). Same with a tax preparer helping get withholding to the liability amount, say to make their net meet expenses every month, and then getting fired for not getting a "fat" refund. I have been fired so many times I have lost count! I still, to this day, get into it with CPA types who do incorrectly tell my customers something. The most common examples are owner/shareholder who are also employees. CPA or other "expert" says to pay themselves wages once a quarter/year (the expert later cleans up all the "draws"), or report >2% S Corp health insurance once a year. The former do get caught "tax shifting" from time to time, the latter never get caught because it is a tax wash, but still improper. I remember doing the math for ERC to present it, and some would look at me sideways when I pointed out the ERC $ was not what the net would be. Funny, I am still ticked at the after the fact claw back of the last ERC quarter to help fund the recovery act money. Catch-22, some of the money went to rehab two race tracks I like to watch, those tracks are not going to give me a discount to cover the ERC I lost to help pay for their "gift". I thought I would personally get at least some via recovery act credits for solar and electrical upgrades, but CA has made solar a non-starter for me, given my age, roof size, and ability to shift loads to off peak.

Assisted living may or may not be deductible based on the facts and circumstances.

when you have elderly clients, just be sure and ask them (or whoever is handling their paperwork) about nursing home costs. Often for assisted living (as opposed to just a retirement home) all the costs are deductible and you can wipe out all (or most) of their taxable income. Had a client who had passed away and the daughter asked me why we didn't itemize--I had no idea $6k a month out of pocket had been paid for a memory care facility. Was able to amend but it's a mail-in return with an unknown time horizon for when the IRS will pay.

I am using Google's authenticator app. No code required. Entering a code or PIN is considered to be lower level of security which according to Google is not allowed.

I have read several articles that say Gmail will require MFA effective September 30th. That means that password only login to Gmail will stop working. I have already switched. Most of the time it works quickly. Sometimes on weekends, I have had to wait more than 5 minutes before I can access Gmail.