Wednesday, April 09, 2003

I just read an AP article, entitled -
IRS running out of funds to go after unpaid taxes
http://www.heraldnet.com/Stories/03/4/9/16781931.cfm

Doesn't that give you a warm fuzzy?
Maybe you can get away with not paying taxes at all, right?

Funny thing that happens when IRS doesn't have staff and time.
They take the easy way out.

What does that mean to you?

It means that if you owe tax money and IRS knows
how to find your assets, they'll just take them, if you
ignore their automated letters. (Did the reporter forget
to tell you that a whole lot of the system is automated?)

IRS knows

a) where you work (W-2s)
b) who your clients are (1099-MISCs)
c) where your money is (1099-INT, 1099-B, etc.)
d) where your home is (1098s)
e) what your driving (auto registrations)

They'll just send out levy notices on your accounts,
or garnishments on your wages.

All those short-staffed people won't be to your advantage.

The fact is, you won't be able to reach someone to help
you get off the hook - to help you stop those garnishments.

THAT's going to be the real problem with the budget shortfall.

When we need help - there won't be anyone there to HELP us!!!!!

OK, now, I'll tell you a little, tiny secret...there are special
phone lines for tax professionals to use to get help for our
clients. So, we're going to be just fine - and so will our clients.

But, you, out on your own thinking you're going to rip off the
system...well, there just won't be anyone there to help you
when you need it.

Hmmm...should I be gloating?

Is this budget cutback really designed to help provide more
income to Tax Professionals. Heck, I love it!




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