Bad news, I'm being audited by the IRS
 

The good news is my Hard Drive crashed. I have no record of anything.

I am not sure "having no record of anything" is a good thing when it comes to the IRS, but maybe the IRS in your country are more forgiving than the ones in mine heh.

Good luck!

not a big deal, just always do your taxes planning on an audit

IRS doesn't give a fuck. Your guilty until you prove your innocence. If you don't have any documents to back up your deductions, you're fucked. They'll come up with their own verdict and sentence and assfuck you like a bitch.

Did your bank use your hard drive to host their online banking operation?

A friend had that happen. He lost most of his records when his basement flooded. The cra were happy to disallow any expenses he couldn't provide receipts or verification for. He ended up owing over 100k and lost almost everything and had to sell his house. He was an idiot anyway, but they sure didnt give him any breaks.

Don't need luck. Just a crashed hard drive.
And in my country like yours are tough as nails they lock you up and throw away the key.

No point in doing taxes hard drive is going to crash anyways.

Not guilty until proven innocent in this case. I know how the system works!

This has nothing to do with my bank.

A bank statement isnt enough proof for most items. If I show I was spending $300 a month at bestbuy it could be for toner and paper for my business, or maybe i'm just buying a shitload of video games.

What they will do is double your income and dis allow any expenses that you dont have receipts for. Under tax law they are right and you have to prove your claims. Having no records is going to make this a long night mare. Best of luck.
Give you an idea how fucked up our tax system is
Your 1 st appeal will go to the agents supervisor
2nd will go to a regional administrative
3rd will go to the Irs tax court
4th appeal will finally go to a non Irs federal judge.
Figure 20000-40000 dollars for lawyer fees
You know what really sucks is your hard drive crashed and you have no records.
Best of luck to ya

You don't understand, my hard drive crashed end of story, they will do nothing to me trust me.

:1orglaugh:thumbsup

:1orglaugh:1orglaugh

Disallowing is common sense but what's up with doubling your income?

They will penetrate you without grease.... :2 cents:

If you have spent more money than you have earned they might do a lot to you!

I know my rights. I'll plead the fifth.
Nothing will happen to me. It's business as usual.

I truly hope that you are right, but imagine if it is true that the tax auditors would trust people that had no data to backup their claims... well every single company in your country would experience data loss right before being audited.

And what's bad with that? If you pay taxes, you should not be worried. IMHO.

Of course I pay taxes I just can't prove how much. But I'm not at all worried. The hard drive crash excuse works pretty well for some people so why not me.

He is making a point about lost emails that meant nothing. And in that case the irs was doing its job, its not a rubber stamp you are tax exempt. Also if they really believed in what they were doing, they didn't need a tax exempt status to do what they wanted to do.

My point exactly.

You have to admit Tony this is quite convenient. There's no IT professional worth his salt that could not retrieve those emails. It just is not possible that they can't be retrieved. Its all a big lie!
So why can't I use that excuse.

i was audited before..i found them to be fair and just.
try to use your creditcard for most things instead of cash.
it keeps a record for you automatically.

You cant say gov doesnt work, they are fucked up,ineffective and be surprised they lost emails. The only group that actually lost their tax status was a big liberal group, they look at as many libs as tea party but the rigthies need a excuse to waste our tax dollars so they only focused on tea party groups that were looked at.
I dont know about you but if a group wants tax free status I want the irs to go way up their ass to see if they deserve it.

Ah, I see now.

I guess I need to watch the news more.

I think you need a reality check.... the IRS has more power and authority than the federal government and you are guilty until proven innocent, case in point... the IRS can drain your bank account without any notice, without even a judge involved...no other agency can do that :2 cents:

same here seldom use cash for anything, my income is direct wire so it's all on the books

:1orglaugh

Yes I can say government doesn't work? Because it doesn't.

Care to name the big liberal group that lost their tax status?

I want everybody to be examined too but let's get on with it and not drag your feet and never examine their eligibility which is what appears is going on here.

Only people that need a reality check is big government types who think they're above the law.

If you can't prove it, it didn't happen. Isn't that the way it works?

I go before the IRS auditor:

I plead the fifth.
My documents are subpoenaed and I ignore it. I say I didn't understand the request I'll bring them next time.
My hard drive crashes and solves all my problems.

Then I ask the auditor what he's going to do to me and he says nothing.

They gave me a refund after mine, but what a nightmare. Let me Strongly Recommend: "Get a Tax Attorney"

Good luck with that plan! I had my house raided by the IRS, they took everything with them including hard drives, computers, folders etc.
2 years later they started writing to me I could pickup my things ad they where done with it.
If they think you are hiding something they will take what they need.

Ahh, I see!

http://news.yahoo.com/irs-inspector-...--finance.html

I don't know about the US tax system, but here in Sweden they would make an educated guess of your income based on expected living cost, bank statements, traceable spending and investments. If your declared income was less than their estimate they would tax the difference with about 50% and hit you with an additional 30% punitive fee for a total of about 80% in fees and taxes. If you appeal you would have to prove why you have or spent more money than you declared.
I had an audit a couple of years ago, but they were really nice an said my papers where in good order. Only thing they complained about was that I was spending too much money on monitors.....

I am also being audited by my governments IRS right now (currently waiting to go to court). And let me tell you.....they are not kind. Trust me, they will try and fuck you without lube in the ass!

I have records of every single transaction and can explain everything but they don't listen. They make up bullshit excuses and ignores what me and my tax attorney are writing them.

My company accounts got closed down by the banks because off an ongoing police investigation against one of my companies. And as banks in Sweden no longer handles physical cash (I know it's fucked up) I had no other choice then to transfer the money to my personal accounts. According to the IRS I have to pay income tax and payroll tax for it since they consider it salary. Even though me and my attorney explained the situation to them. They simply don't give a fuck!

I wish you all the best and hope that you make it but in my experience that I'm in right now is that it won't be easy fighting those cunts of. Like a previous poster said, they have the power to do almost ANYTHING to you! Freeze your bank accounts, take your house, your car or whatever. It is up to YOU to prove you are not guilty. No other authority can do that!

Like I've always said. The IRS are the worst of ALL authorities! They show no mercy. Period.

Anyways, good luck to you. I hope it all works out!

/Big Boss

Where was your outrage when the Bush admin conveniently 'lost' 22 million emails during the Valerie Plame leak investigation? At that time your buddy Darrell Issa blamed it on IBM software. :1orglaugh

http://crooksandliars.com/2014/06/is...oss-22-million

If you transferred the money from a Swedish Aktiebolag (LLC) to your personal accounts you are probably screwed. Since you aren't allowed to loan money from your Aktiebolag, they will consider it dividend and tax you thereafter. Better with multiple companies since you can move the money around very easily. As for banks in Sweden not handling cash, that depends on the bank and the branch, but you usually have to order cash a couple of days in advance if you need more than 20K SEK.

I suspect most of you do not keep up with current events; Dvae does.

I had a friend that dabbled in the day trading market for a year.

He put in about $10,000. On some days he made money, on others he lost money. After a year he pulled about $25,000 out and figured it was something millionaires can have fun with, but not enough money to be made for the average Joe.

He only claimed the $15,000 because he tried doing his own taxes. I told him he should go to a tax guy that year and pay the $70 to have it done right.

IRS sends him a notice saying he needs to pay the other taxes on $300,000 in income. Haha...

He didn't show them correctly that he made $300,000, but lost $275,000 and that $10,000 was the initial investment.

Took him 2 years and an audit before it got straightened out. That was under Bush.

Had another friend do the same thing with being a semi-pro poker player. Only this time under Obama he was able to meet with a local IRS agent, show him his playing logs and the receipts from the Casinos on cashing in/out each session and just like that he is excused.

3 in the whole thread I think :1orglaugh

If it works for Koskinen it should work for Dvae :thumbsup

I watched it live on C-SPAN and that guy is a real piece of work.

well said, the image is right on!:thumbsup

Hi Dvae,

Please trust me on this, you are making a mistake, and Harmon is exactly right. You ARE guilty until proven innocent when it comes to taxes. And the burden to prove your innocence is on you.

Here is the basics of what is going on. The government wants to review your financial records to see if you are paying the taxes that you owe.

If you can't produce any records of your expenses, the government will look at your income in your bank accounts (and Paypal and Paxum, Payoneer, etc), and ask that you pay tax on the total amount.

As a business owner, you are entitled to various kinds of tax deductions for expenses that you require for business such as office space, computers, etc, but you have to be able to prove these expenses. If you can't, you owe the entire amount. If you can, you're entitled to a discount.

You didn't say how far back they are going, but I'll assume they are going back 2 or 3 years. This isn't so bad and you should work with them to get the info they need. If they suspect you are hiding anything or if there is anything they don't understand, they could go back 5, 6 ,7 years or more. They may also decide to give you a personal audit, or a payroll audit, on top of the other audit.

Here's my advice. Do not claim that your hard disk crashed or deny any documents they request. Hire an accountant instead, and get all of your financial records in order. This will cost you some money but it is money well spent. Meet your auditor with your accountant and let your accountant do the talking. Cooperate with the auditor but only if you think everything is going smoothly. Auditors can overstep their bounds and if this happens, have a tax lawyer ready to jump in.

In Canada, the tax departments can make your life hell by charging lots of interest and even seizing bank accounts. In the US of course, you can go to jail for not paying taxes.

Being audited sucks, but it doesn't have to be that bad. Good luck!!

Judging by Mark's response, I am guessing not a lot of coverage of this on MSNBC.

anything else? you regular? pets ok? :helpme head over update your :321GFY facebook