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Parking Lot Off-topic chatter pertaining to movies, TV, music, video games, etc. |
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#1 |
The Starter
Join Date: Feb 2004
Location: Austin, Texas
Age: 55
Posts: 2,015
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F...Audits
I'm talking anykind of audit (IRS, Insurance, etc.). I am currently going through a detailed underwriting audit and it really sucks. Stuff from 6-12 months ago just doesn't ring a bell! F the audit and F the auditor!
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"Work Harder: millions on welfare are counting on you" - Obama 2009 address to Congress. |
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#2 |
MVP
Join Date: Feb 2004
Location: Seattle
Age: 45
Posts: 10,069
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Re: F...Audits
If the IRS audits me I am f'ed...then again, I doubt there's anyone out there who isn't f'ed if audited by the IRS.
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"The Redskins have always suffered from chronic organizational deformities under Snyder." -Jenkins |
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#3 |
The Starter
Join Date: Feb 2004
Location: Austin, Texas
Age: 55
Posts: 2,015
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Re: F...Audits
I have been audited by the IRS, if you have all the documents its nothing more than a very intrusive pain in the ass!
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"Work Harder: millions on welfare are counting on you" - Obama 2009 address to Congress. |
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#4 |
I like big (_|_)s.
Join Date: Dec 2004
Location: Charlottesville, Virginia
Age: 43
Posts: 19,263
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Re: F...Audits
What pisses me off about the IRS is it seems they only target people who are hard-working honest people who are lower to middle class. Like it seems every year I have a friend who gets audited for no reason at all.
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Regret nothing. At one time it was exactly what you wanted. |
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#5 |
The Starter
Join Date: Feb 2004
Location: Austin, Texas
Age: 55
Posts: 2,015
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Re: F...Audits
Unfortunate objects of the "random" check. Sucks, it has happened to me.
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"Work Harder: millions on welfare are counting on you" - Obama 2009 address to Congress. |
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#6 |
I like big (_|_)s.
Join Date: Dec 2004
Location: Charlottesville, Virginia
Age: 43
Posts: 19,263
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Re: F...Audits
What exactly do they check? Like what do you have to prove to them?
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Regret nothing. At one time it was exactly what you wanted. |
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#7 |
MVP
Join Date: Oct 2005
Location: lancaster,pa
Age: 63
Posts: 10,672
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Re: F...Audits
i think if you have a ton of reductions that triggers an alarm
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"It's better to be quiet and thought a fool than to open ones mouth and remove all doubt." courtesy of 53fan |
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#8 |
I like big (_|_)s.
Join Date: Dec 2004
Location: Charlottesville, Virginia
Age: 43
Posts: 19,263
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Re: F...Audits
Ahhh, I see. Anyone know of the maximum amount of money you can make on a side-business that you don't have to report to the IRS?
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Regret nothing. At one time it was exactly what you wanted. |
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#9 |
The Starter
Join Date: Feb 2004
Location: Austin, Texas
Age: 55
Posts: 2,015
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Re: F...Audits
Its different triggers every year. They hit us because we showed some pretty good income and paid 40% taxes cause the money was transacted overseas.....its all legit and was not a problem, but they are a pain in the ass.
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"Work Harder: millions on welfare are counting on you" - Obama 2009 address to Congress. |
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#10 |
I like big (_|_)s.
Join Date: Dec 2004
Location: Charlottesville, Virginia
Age: 43
Posts: 19,263
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Re: F...Audits
God forbid they don't drain ALL the money out of the hard working people of America.
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Regret nothing. At one time it was exactly what you wanted. |
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#11 |
Playmaker
Join Date: Feb 2004
Posts: 3,807
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Re: F...Audits
A relative of mine owns a motorcycle dealership. They started it about 6 years ago and after the third year they got audited. The auditor told them that they hadn't been doing their taxes correctly and they had to pay some fines. They then changed their operating procedures to adhere to what the auditor told them. This past year, they got audited again. This new auditor said that the previous auditor was wrong and that their new procedures were wrong. They ended up having to pay a $60k fine this go around.
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"It's not about what you've done, but what's been done for you." |
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#12 |
The Starter
Join Date: Feb 2004
Location: Austin, Texas
Age: 55
Posts: 2,015
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Re: F...Audits
They should still have some major recourse on the prior auditor and should contest that they were told to handle their stuff the way they handled it. I would bet they can contest that issue with an appeal and win if its documented well.
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"Work Harder: millions on welfare are counting on you" - Obama 2009 address to Congress. |
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#13 | |
I like big (_|_)s.
Join Date: Dec 2004
Location: Charlottesville, Virginia
Age: 43
Posts: 19,263
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Re: F...Audits
Quote:
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Regret nothing. At one time it was exactly what you wanted. |
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