Does anybody know if this CPA suggestion violates any compliance rules?

By Ken Davis


Can we visit with a client and their CPA on the tax consequences of a proposed life insurance purchase and pay the bill to the CPA for their time ourselves, instead of the client doing so?

I would look at it like we are hiring the CPA to calculate the tax consequences of a proposed sale of a product so that we may demonstrate the appropriateness of the transaction to our client. I don’t believe this is a commission refund. Consider that we commit to pay the cost whether or not the transaction is completed.

What say all of you sages out there?