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Short note I sent to IRS with my payment......

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mopar28m Subscriber

Acts 2:46
User ID: 719063
7/5/2009 10:39 PM

Re: Short note I sent to IRS with my payment......

Quote

The IRS only has as much power as you give them. If they audit you, go only with the letter that they sent you, nothing more. They have to prove with the paper in front of them that your return is wrong. They have to subpeona bank statements, receipts, etc.

I've gone against the IRS several times & have won every time. I had a client & the IRS said they owed $5,000, I did some research on their website & using their words & the link to those words, I was able to turn it around that the IRS owed them $1500.

Can I hire you, Mopar??

Quoting: Tully D

Tully, I shut down my tax business 6 years ago but I will help you if I can. PM me & I'll see what I can do.

[link to www.godthefather.us]

[link to www.takeholdthetzitzit.com]

[link to aroodawakening.ning.com]

[link to www.vaccinetruth.org]

[link to vaccinefreehealth.blogspot.com]

MagiChristmas Subscriber

Cher Ami -- When did Pigeons not= Doves?
User ID: 554973
7/5/2009 11:14 PM

Re: Short note I sent to IRS with my payment......

Quote

The IRS chilled out a bit after congress put thier T in the wringer a few years back.

TToD Links:
[link to www.godlikeproductions.com]
[link to www.godlikeproductions.com]

Tis True, Tis True, Second Degree Doom Doth Ensue precisely as prescribed several months prior.

Discern the TRUTH of the TimeTable of Doom described in the aforementioned links. The TToD is Based on April 6th aka The MOST Significant day - 4.6 magnitude precursor earthquake struck Italy on April 6th shortly after the Prophet spoke. Then the major earthquake event occurred shortly after general conference adjourned. Ref=lds.org
The swine flu epidemic also emerged on April 6th in Mexico.

The deception continues to crumble.
[link to www.godlikeproductions.com]

Cranky
User ID: 586322
7/6/2009 12:21 AM

Re: Short note I sent to IRS with my payment......

Quote

[link to www.heartland.org]

IRS Promises to Get More Aggressive in 2009

The head of the small business/self-employed division of the Internal Revenue Service (IRS) has promised more audit activity in 2009.

Faris Fink, who runs the division focusing on the nation’s small businesses and the millions of self-employed persons, outlined a broad approach to increasing audit coverage of a wide range of business forms, saying, “That is where we are seeing the most abuse.”

The IRS intends to look closely at flow-through entities that issue K-1s but report no wages paid. Such entities file an information return, but the profit or loss flows through to the owners, who report the income or loss on their own tax returns. These include subchapter S corporations and partnerships.

Questions Over Wages

In each case, the entity’s tax return carries no tax liability; it simply reports income and expenses. The IRS intends to ferret out ignorance and abuse on the part of tax professionals and taxpayers alike over whether and to what extent self-employed owners of these businesses must pay themselves a salary.

The issue is important to the IRS because profits taken as distributions other than salary are not subject to Social Security taxes. By minimizing salary, a taxpayer can reduce his or her payroll tax hit.

But the IRS, tax code, and courts declare such entities must pay their employees a salary commensurate with the fair market value of the services they render. That means self-employed owners must draw a salary and cannot take all their compensation in the form of distributions not taxable for Social Security.

The ignorance comes in when small business owners do not understand they must pay themselves a salary subject to Social Security taxes. The abuse comes in when they know it but simply do not obey. The IRS’s audit program will focus on this issue.

Expanding Audit Areas

Several other areas will attract IRS attention next year.

The IRS will increase the number of correspondence audits. The agency can audit many more people through the correspondence process than it can in a face-to-face environment. Hence it will focus resources on the correspondence process for the vast majority of low- and middle-income citizens............

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