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To: Raycpa
"I’m not familiar with any IRS policies of cutting interest and penalty in half. My scam meter would be in red zone on this one."

its a tried and true tactic they use.

"You owe us a 1 million in back taxes and penalties but we will settle for 50% right now."

Sounds like a deal eh...

They been doing it for years!

36 posted on 02/17/2010 7:25:06 PM PST by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the next one...)
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To: Mad Dawgg

Not at the agent level. Perhaps after its assessed. I have had an assessment reduced to a small fraction of the amount because the state needed cash but never at the audit level unless we were talking about deductions or income, never taxes or penalties or interest.


40 posted on 02/17/2010 7:38:33 PM PST by Raycpa
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