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Started By
Message
re: Well. I got my IRS letter.
Posted on 10/26/22 at 9:06 pm to CherokeeTiger
Posted on 10/26/22 at 9:06 pm to CherokeeTiger
quote:
Please do this. I don’t think you were audited unless you were told that’s what was happening beforehand and asked to provide more information. The IRS’s stupid computer system spit out a nasty letter because it couldn’t match something up on your tax return. These are wrong very often and in that case take nothing more than a simple explanation from your accountant.
this is a very likely scenario
1
Posted on 10/26/22 at 9:13 pm to Diamondawg
quote:
Did you do any 1099 stuff?
Not not the year they reported on. This particular year was pretty simple.
Posted on 10/26/22 at 9:14 pm to bizeagle
I read somewhere that something like 80 percent of audits can be fixed with a phone call by a cpa or tax lawyer to the IRS and its usually a computer or similar error.
Good luck, there's a good chance you will be okay.
Good luck, there's a good chance you will be okay.
Posted on 10/26/22 at 9:16 pm to jcaz
quote:
Your CPA fricked up
Probably not. The CPA will probably win this fight. The IRS has a bunch of stupid MFers.
Posted on 10/26/22 at 9:23 pm to burger bearcat
quote:
Looks like I got audited.
Without going into detail, this one is going to suck. The amount they want is going to be pretty painful. Wife (no pics), 3 young kids and another one on the way, and we are very much the definition of a typical middle class family, struggling with inflation and cost of living.
An audit is usually verification of income and/or deductions, it sounds like you got an "adjustment" if they just gave you a new amount you owe. An audit is more ... invasive.
I've had this happen twice, once I spent the time to dispute with full documentation, but the whole process took a lot of back and forth and work for $4k, so when it happened again for $1800 I just said frick it and wrote the check.
This will be happening to a lot of people this time because of all the "free" money they shot out from a cannon with covid and childcare credits.
This post was edited on 10/26/22 at 9:24 pm
Posted on 10/26/22 at 9:35 pm to IkeandTina
quote:
How in the hell is this the president’s fault. Personal responsibility…
You’re correct. It’s not the president, it’s the democrats.
Posted on 10/26/22 at 9:36 pm to burger bearcat
So why are you worried?
Posted on 10/26/22 at 9:48 pm to jonnyanony
Did the IRS letter ask you to schedule an appointment, or did they send you a statement stating you either underreported some income, or they adjusted for either expenses or Sch A items? Did you file a Sch C? Not enough info.
Posted on 10/26/22 at 9:53 pm to TigerOnTheMountain
quote:
Don’t pay. It’s cheaper to hire a good tax lawyer and waste the government’s time indefinitely.
Wut
Posted on 10/26/22 at 10:05 pm to burger bearcat
You were targeted. I worked for a bank and processed 50 IRS summons from the same agent.
It profiled the same ethnicity each time. The individuals were all small business owners.
The bank gave me the discretionary right to bill for man hours for so many summons arriving all at once.
The agent threatened to have me audited. I was just out of school and told the agent to audit all my student debt. I had no real assets.
When he harassed me some more, I billed the IRS for 200 previous summons never billed or collected.
The agents supervisor called me and pulled the request for the original 50 and I pulled all billing requests.
As the then, custodian of records, I am bound by the implied secrecy agreement for all bank customers and can't disclose the specifics.
It profiled the same ethnicity each time. The individuals were all small business owners.
The bank gave me the discretionary right to bill for man hours for so many summons arriving all at once.
The agent threatened to have me audited. I was just out of school and told the agent to audit all my student debt. I had no real assets.
When he harassed me some more, I billed the IRS for 200 previous summons never billed or collected.
The agents supervisor called me and pulled the request for the original 50 and I pulled all billing requests.
As the then, custodian of records, I am bound by the implied secrecy agreement for all bank customers and can't disclose the specifics.
Posted on 10/26/22 at 10:34 pm to jonnyanony
Also worth noting you can set up an installment plan, which doesn't fix things but will make the bill more reasonable to pay back.
Have your payroll change your exemptions to 0 until you pay it off.
Have your payroll change your exemptions to 0 until you pay it off.
Posted on 10/26/22 at 10:56 pm to burger bearcat
When do we get to audit those government MFers?
Posted on 10/26/22 at 11:05 pm to burger bearcat
Be safe they are armed.
Posted on 10/26/22 at 11:20 pm to burger bearcat
Received same 2 years ago - rebutted - still no determination
This post was edited on 10/26/22 at 11:27 pm
Posted on 10/26/22 at 11:31 pm to GRTiger
You must owe a few thousands yearly if anything at all.
Posted on 10/26/22 at 11:36 pm to burger bearcat
Are we suppose to feel sorry for you because you cheated on your taxes? Stop playing the victim and start taking some personal responsibility. Pathetic
Posted on 10/26/22 at 11:39 pm to burger bearcat
This is why I use TurboTax. They have an amazing DC lobby that prevents them from auditing people that file with them. It would be a bad look if people were audited using them.
Posted on 10/26/22 at 11:42 pm to burger bearcat
quote:
Our taxes aren't even complicated and we have a CPA file them for us every year and the amount they are asking doesn't even make sense. FJB
You gotta own your own business. Otherwise I don't see how this happens.
Posted on 10/27/22 at 1:21 am to cbtullis
quote:
Typically less than 0.8% get audited if they file under 500k income
Yeah, that was until the retards on Capitol Hill passed a bill to double the amount of eye arr ess agents.
They have realized that the big money earners have the funding to fight their BS in litigation, so they're coming after the smaller fish that are less likely to have the ability to fight.
It's the very definition of "bullying".
Making over $80,000/yr household income? Get ready to deal with the eye arr ess every year. I'm in this category now and I've already consulted with my CPA about changes that will affect me starting in 2023 since I'm now an LLC owner as well as a full time employee of a national company. I'll be damned if I end up under the thumbs of these greedy Nazi thieves. They'll already be getting around 55% of my small business income if I just save it, so we're determining legal ways to invest back into the business and tell the eye arr ess to pound sand.
Posted on 10/27/22 at 1:49 am to Penrod
quote:
Probably not. The CPA will probably win this fight. The IRS has a bunch of stupid MFers.
This. My first tax court case I was very nervous. My boss said “bonds25. Don’t worry. If they were good attorneys they wouldn’t still be with the IRS”.
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