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Georgian retiree awarded more than $150,000 in tax lawsuit

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A Cobb Superior Court jury, under Judge Dorothy Robinson, awarded Howard Lincoln of Marietta, Georgia, more than $150,000 to pay IRS fines, attorney fees and punitive damages from Beaumont Tax Services for bungling his taxes, The Marietta Daily Journal reports.

Lincoln knew the stepson of Charles Beaumont, Beamont Tax Service owner, who helped him during a political campaign in the past, so he went to him for tax preparation. But problems soon surfaced.

Upon receiving a letter from the IRS stating Lincoln hadn't filed his taxes during 2005 and 2006, he tried contacting Nelson for months. Without hearing back from Nelson, Lincoln had no other choice but to hire an attorney to collect his records, the news source states.

Errors and omissions insurance can help pay legal costs resulting in errors made by tax preparation companies.

Because of Nelson's mistakes, Lincoln was penalized more than $70,000 for missed deadlines. Justin O'Dell, Lincoln's lawyer, told the news source that his law firm discovered Nelson wasn't a certified public accountant, didn't have a related college degree and his only credible coursework came from light tax training in the military and an online course.

Lincoln told the news source that he felt betrayed by Nelson.

"And it got to the point that what was turning in my mind was ‘My integrity, my name - it’s mud. It’s mud with the IRS,'" Lincoln said.

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