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Message
re: 63% of new IRS audits were on folks making less than $200K.
Posted on 5/10/24 at 1:28 pm to BBONDS25
Posted on 5/10/24 at 1:28 pm to BBONDS25
quote:
The IRS goes after billionaires too. Those are the fun fights.
Have you ever been part of these fights?
I finished up 2 audits this week and both dragged on way too long as the agents just went MIA for months. Neither are billionaires but both are multi-millionaires.
Posted on 5/10/24 at 1:39 pm to jclem11
quote:
Have you ever been part of these fights?
Yep. Argued in Tax court and fed court many times.
quote:
I finished up 2 audits this week and both dragged on way too long as the agents just went MIA for months. Neither are billionaires but both are multi-millionaires.
I went to full trial over 1.6MM from a trust that had already been drained by the IRS. There was zero money they had not taken. They went to trial “on principal.” That was a fun one.
IRS attorneys are a-holes. I once flew to another state to meet with the Service’s attorney. Got to the office and the secretary said “oh. She said she is so sorry. She isn’t going to make it today. She forgot to tell you.”
This post was edited on 5/10/24 at 1:41 pm
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