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To: WASCWatch

What if the law does not require you to file?

I have often advised these people to file returns just to trigger the statuary period.

Did this for an old artist who I once represented in audit. The IRS sent him a letter stating he no longer needed to file.

A couple of years later he showed up at my door with a $75K deficiency notice. He did artwork for a university and they gave him a 1099 misc for close to $200K.

He never filed a return on it as he had his letter from the IRS telling him not to file!!!


143 posted on 04/23/2018 3:20:35 AM PDT by tired&retired (Blessings)
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To: tired&retired

You have some great stories, and I’d bet you have plenty more.
What’s your opinion of Joe Bannister?


155 posted on 04/23/2018 9:40:21 AM PDT by WASCWatch
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