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chrisinhouston 12-12-2009 01:17 PM

My first Christmas card of the season! CRAP!
 
1 Attachment(s)
Look what came in the mail for me and the Mrs. Just in time for Christmas celebrating! :thepain::mad::yeldead::sniff:

xoxoxoBruce 12-12-2009 01:20 PM

This is America! You're guilty, and charged $61 interest, until proven innocent.:rolleyes:

btw, I think I know L Fulmer... killer body.

DanaC 12-12-2009 04:17 PM

Sweet baby jebus they charge you interest?

sweetwater 12-12-2009 05:45 PM

Yikes.

skysidhe 12-12-2009 07:59 PM

Did you have a tax preparer?

I'm sorry this happened. :(

It happened to me once and I've kept every tax form ever since.

Tulip 12-13-2009 08:53 AM

Awww man.....dampens the holiday spirit a bit, doesn't it?

TheMercenary 12-13-2009 08:58 AM

I have had a few of those over the years. Usually it is a problem between what the employer or who ever issued you a Misc-1099 reported you made and what you reported you made. See your accountant.

chrisinhouston 12-13-2009 09:03 AM

Actually I already faxed a copy to our accountant (best money we ever spent!) and she said the amount in dispute was claimed so she is writing them a letter about it. I do fine it interesting that the letter is dated the 7th and they give you a flat 30 days to settle up or face the consequences.

There was a time when this kind of thing would have really upset me but now I just figure, "what have I got that you want so bad, well you can just have it because in the end it's just stuff...";)

chrisinhouston 12-13-2009 09:08 AM

By the way, the Philadelphia office of the IRS is one of the main ones for sending out these kind of notices. I live in Texas and there is a huge facility for the IRS in Austin but this went to Philadelphia. When my mom and dad were still alive(and filing in Atlanta) and I was overseeing their finances they got the same kind of bullshit letter from the same office saying that they owed like, $60,000 because somewhere at the IRS they lost half of the return. In the end we owed them something like $26.00 due to improperly figuring some profit on a stock sale. Same accountant handled that one! :)

xoxoxoBruce 12-13-2009 10:02 AM

Quote:

Originally Posted by chrisinhouston (Post 617107)
I do fine it interesting that the letter is dated the 7th and they give you a flat 30 days to settle up or face the consequences.

Their attitude is, we may be reviled, and we may be challenged, but we will not be ignored. :headshake

TheMercenary 12-13-2009 01:20 PM

Quote:

Originally Posted by chrisinhouston (Post 617107)
Actually I already faxed a copy to our accountant (best money we ever spent!)

:thumb:

spudcon 12-13-2009 01:58 PM

What will happen to all those IRS jobs if we get a flat tax? I know, bail out, stimulus, cap and trade money!

TheMercenary 12-13-2009 02:05 PM

Quote:

Originally Posted by spudcon (Post 617152)
What will happen to all those IRS jobs if we get a flat tax?

What ever would happen it would be far better than what we have now.

chrisinhouston 12-13-2009 03:25 PM

Quote:

Originally Posted by TheMercenary (Post 617153)
What ever would happen it would be far better than what we have now.

When I was handling my late parent's affairs I was amazed at the size and scope of their tax return. My wife and I took over for them when my dad was about 90 and going blind and my mother was around 84 and in the final stages of Alzheimer's. Neither could handle their finances because of their ages and health issues. Their financial adviser had moved most of their investments to bonds and some limited partnerships and yet their tax return averaged between 32-46 pages in length. This for 2 old people who mostly lived off of their social security money and pension funds that had been converted to IRAs many years ago. I saw IRS schedules and forms that I have never seen before or had need of. Just crazy. :eek:

TheMercenary 12-13-2009 03:39 PM

Best thing we ever did was to form our parents revokable trusts before they died. No probate, no hassel. Upon death all assets just moved over. It took some work while they were alive getting things straight with the lawyers but man did it pay off in the end. We will do that before we get to the point we can't handle it.


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