Skip to comments.
IRS Unleashes Random Audits; Here's What to Do When Tapped
The Wall Street Journal ^
| Thursday, March 6, 2003
| TOM HERMAN
Posted on 03/06/2003 6:22:48 AM PST by TroutStalker
Edited on 04/22/2004 11:48:21 PM PDT by Jim Robinson.
[history]
Watch your mailbox -- and pray you haven't been chosen.
Internal Revenue Service officials have begun sending letters to taxpayers chosen largely at random for special audits later this year and next year. These audits, the first of their kind in more than a decade, are designed to give agents a fresh look at how much cheating exists, what types, how to spot it and how to reduce unnecessary audits in the future.
(Excerpt) Read more at online.wsj.com ...
TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: jackboots; taxreform
Navigation: use the links below to view more comments.
first 1-20, 21-28 next last
To: TroutStalker
If you itemize something without paper backup your taking a calculated risk.
But there's a difference between not having documentation on a $75 contribution and claiming a non-existent dependent.
To: TroutStalker
To: danneskjold
ping
4
posted on
03/06/2003 6:34:49 AM PST
by
JIM O
To: TroutStalker
You Bear the Burden of Proof: I could swear I saw something on the USA Today web site a week or two ago that talked about audits - one of the points it made was to cite a court case that can be used to put the burden of proof on the IRS. Little known, but once invoked, the IRS acknowledges it.
I invoke the mighty collective memory of Free Republic to dispel the Burden of Proof myth.
To: TroutStalker
BUMP
To: TroutStalker
Bump for a timely post
To: TroutStalker
8
posted on
03/06/2003 7:04:29 AM PST
by
Fixit
(http://comedian.blogspot.com)
To: TroutStalker
The" plus
"IRS" equals
THEIRS!
9
posted on
03/06/2003 7:17:16 AM PST
by
TXnMA
((Now back home in God's Country!!!))
To: *Taxreform
10
posted on
03/06/2003 7:28:30 AM PST
by
Free the USA
(Stooge for the Rich)
To: danneskjold
LOL!
To: Fixit
I love it. Thanks for sharing.
To: TroutStalker
I guess I should count myself fortunate that all I have to report these days is income. I pay out 30% of that income in federal tax, of course, but without a mortgage to deduct, there is nothing that reaches the threshhold to itemize. Wow. Am I ever lucky.
13
posted on
03/06/2003 4:49:00 PM PST
by
Glenn
To: TroutStalker
To: Glenn
Yes, you are lucky. Now let's see your W-2s, 1099s, bank statements, broker summaries, tax returns for the last seven years, oh, and you don't mind if we ask your neighbors about your lifestyle, do you?
To: TroutStalker
oh, and you don't mind if we ask your neighbors about your lifestyle, do you? They'd be snoring by neighbor 2.
16
posted on
03/07/2003 2:46:54 AM PST
by
Glenn
To: ThinkDifferent
Yup!, and to think of the money they have to spend on this campaign boggles the mind.
To: TroutStalker
IRS = Eternal Revenue Service
To: Taxman
ping
To: TroutStalker
It's no wonder people don't strive to become wealthy anymore. The more money one has the more interested the Gov't is in you.
Navigation: use the links below to view more comments.
first 1-20, 21-28 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson
