Q&A (back to index)
Client's son wrecked business truck - another vehicle involved.
Posted by lkgustafson on 06/02/2009 - 11:13
I have a client that owns a landscaping business. The son works for them. During off hours, he took one of the trucks and was involved in an accident with another vehicle. Not the first accident in recent months. Currently has no license due to a DWI. Client is seeking advice from an attorney due to the numerous accidents their son has been involved in and other various situations with him. He has already stated that he had permission to take the truck and the officer responding believes this to be true as the son still lives with parents/clients.
Any input on the ramifications to the business (LLP)? The son is not able to drive on business insurance policy - restricted!
Any valid input would be helpful.'
Thanks
Leslie
Leslie Gustafson, EA Arizona
- 1585 reads
Tags
Accounting and Auditing
Administrative
AICPA
Auditing
Busy Season Daily Workplace Exercises
Careers
Celebrity news
CFO
Consulting
Conversations
Economy
Education
Education and careers
Excel
Excel tips
FASB
Financial Reporting
Firm news
Government
Guest articles
Health care
Human Resources
IFRS
Income tax
International
IRS
IT
Legal issues
Legislation
Marketing
Mergers
PCAOB
Personal Finance
Practice Development
Practice Management
QuickBooks
Retirement
Sarbanes-Oxley
SEC
Self-Improvement
State and Local
Students
Tax
Technology
Training
Trends
Watchdog
Workplace Fitness
Workshops
XBRL
Gail Perry, CPA
Wrecked business vehicle
I would advise your client to continue working with the attorney, and if that one is not helping (not that s/he isn't) find one who can. That person can best describe any ramifications to the LLP, especially when the driver was uninsured and using a vehicle belonging to the business. The client could also consult an HR specialist, who might give some direction. I don't think I could give any more advice than that.