Quote:
Originally Posted by marketsmart
my fathers company was audited back in the late 90's. His audit lasted almost a month because he was assigned two new irs agents and they picked through everything.
the outcome was a 300k bill..
he settled for 50k one time payment.
it was a big pain in the ass for him because they kept interrupting his day with questions..
good luck...
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I've paid well over a million dollars in taxes from online income, for what I owed. You don't follow the rules, get caught and get "rewarded" by only having to pay like 15-20% of what you should have paid.
All the IRS does by doing shit like this is encourage people to try to cheat them. You think they would be more harsh for catching cheaters but instead they reward them.
cheaters aka "mistakes" all really the same thing.