Archive for the ‘audits’ Category
Posted by taxguru on October 8, 2014
Posted by taxguru on April 14, 2014
Chances of getting audited by IRS lowest in years – The overall percentage of audits was dropped quite easily by only targeting the vocal critics of the DemonRats. Publicizing this fact helps silence others who may dare refuse to drink the Left’s Kool-Aid.
Posted by taxguru on March 11, 2014
Almost everyone is aware of the normal time-frame for an IRS audit. A year or so after the tax return is filed, a letter is received from IRS announcing an examination and spelling out certain items that they want to see documentation for. How about receiving a letter from IRS now, before your 2013 tax return is even submitted, announcing that it is going to be audited? That was the story of a lady from Bristol, Indiana, who called in to the Rush Limbaugh Show yesterday. She believes that this threatening letter was due to her donations to the Romney 2012 campaign and IRS is trying to scare people from donating to GOP candidates for 2014. With what we know about the BHO Regime’s use of IRS to harass political opponents, who can deny this to be entirely plausible.
Because Rush was out and Mark Steyn was filling in, there was no text transcript of the show as is the case for all of the shows Rush hosts; so I excerpted the audio segments dealing with this topic and hopefully, it will show up in a player here in this post.
I have had cases where clients had come in who had not filed several years of tax returns and IRS or FTB was on their butts to bring everything up to date. In those cases, either implicitly or explicitly, I knew that some or all of those returns could be audited. However, I had never heard of an announced audit of a current year tax return that hadn’t even been filed yet.
I hope Patricia and her husband file for an extension for their 2013 returns and they raise holy hell to their US Senator and CongressCritter to investigate this clear abuse of power and that anyone else in a similar situation does the same. While it’s hard to tell, Congress does still technically have funding power over the IRS. As Mark Steyn says, we need to push back against blatant abuses such as this. If we just meekly bend over and allow IRS to have its way with us, this can only get worse. If enough people stand up and tell BHO and his IRS goons that they will continue to donate to the candidates of their choice, we may be able to slow them down with their Gestapo tactics.
Posted by taxguru on February 7, 2013
Drudge had this unusual story of a female IRS agent threatening a male taxpayer for sex.
This story reminds me of this clip from the TV show Nip/Tuck that I posted a few years ago.
Posted by taxguru on January 15, 2013
IRS has released the latest statistics on audit coverage for the Fiscal Year Ended 9/30/12. The actual year to year tables of stats can be downloaded. It is a 20 page pdf, with the last 11 pages completely blank.
The ones I find most interesting are below. Click on them for the easier to read full size version.
|From Tax Info|
Posted by taxguru on September 13, 2011
This week’s episode of Breaking Bad had a sub-plot where the hero’s wife had to deal with her former boss cheating on his taxes. While this is very amusing, it is very unrealistic. I’ve encountered plenty of dense IRS auditors, but any agent would be able to see that the company’s books weren’t being kept on Quicken.
If the player doesn’t show up above or is blocked in your region, try this alternative direct link.
Posted by taxguru on September 8, 2011
Posted by taxguru on August 25, 2011
Posted by taxguru on April 18, 2010
I recently came across an amusing sitcom from Canada called Less Than Kind. In the third episode of the first season, the main family is subjected to a Federal income tax audit that could very easily be taking place in the USA. Some funny examples of how not to handle things, such as literally baking receipts in the oven.
I edited my copy of the episode down to just the audit scenes and uploaded it to YouTube.