The Tax Practitioners Board (TPB) recently reported a significant penalty imposed on an unregistered tax preparer, highlighting the importance of compliance in the financial sector.
- Jessa Van Stroe, operating in Perth, was fined $230,000 for providing tax services illegally.
- The Federal Court found her guilty of 531 contraventions of the Tax Agent Services Act 2009.
- Her actions caused harm to clients, exposing them to penalties and unpaid taxes.
This case underscores the critical need for businesses and individuals to engage only with registered and compliant tax professionals. It highlights the risks associated with non-compliance and the importance of thorough identity verification processes.
Is your business ensuring compliance with industry regulations? Discover how StackGo’s IdentityCheck can help.
