Last year I bought a land with a friend, using a trust name. After selling off the land and closing the deal, my friend suggested that my account is "too expensive" and that his wife has a friend who is an accountant who will 'look after us' (my a-ss). Anyway, when the bill came it was like 3 x the price of my accountant! Plus, this accountant friend of his can;t speak proper english and can only speak mandrin. PLUS, she did not give us proper advice as to how to negative gear with the trust, and the way she recorded it made it not legit for us to claim tax deduction. (We took the loan in our personal name, and the property in the trust name. But this accountant didnt record us buying units in the trust, therefore we cant negative gear with out personal name). After I spoke to my accountant, he said he could get it fixed for me to claim tax deduction on the interest paid, provided I issue a notice to the other accountant to make ammendments to the trust tax return. Well, I have been trying to chase her to ammend it, and she said it wasn't her fault that she recorded it that way. I said she did not give us proper advice, but she said we signed the tax return. I said you are the accountant you should tell us the correct way to do this, she said she thinks this is the right way to do it. If I get audited can I take legal action against that accountant?