|
|
|
|
| Author |
|
|
Registered
|
I Fought the Law and ...
I WON!
 It was a gargantuan effort. Literally dozens of pages of documents and at least 10 back-and-forths between me and the IRS, but I won! There's going to be some celebrating tonight!
__________________
. Last edited by wdfifteen; 11-20-2019 at 09:52 AM.. |
||
11-20-2019, 09:49 AM
|
|
|
canna change law physics
|
Ah great! Now you pissed them off for the rest of us!
__________________
James The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994) Red-beard for President, 2020 |
||
|
11-20-2019, 09:53 AM
|
|
|
Open Highway Productions
|
Congrats on your victory!
I just wish we could get by with 80,000 plus less pages of garbage. Flat fee or better yet no income tax at all - pre1913. https://en.wikipedia.org/wiki/History_of_taxation_in_the_United_States |
||
|
11-20-2019, 10:27 AM
|
|
|
Registered
Join Date: Feb 2003
Location: Kailua, Bend, & Tamarack
Posts: 1,618
|
Satisfying feeling, isn't it ? The only time we were audited, we walked out with the gov owing us over $2K :^)
|
||
|
11-20-2019, 10:31 AM
|
|
|
Get off my lawn!
|
The first full year I was in business, we were audited. I had to buy a new printer, scanner, and fax machine, and went through two reams of paper, and toner cartridges. Lots of records printed and organized. My CPA charged a nice hefty fee, and we had the auditor meet at his office. He provided her with a huge stack of every receipt for every item. I spent the best part of two weeks getting everything organized.
She spent a couple of hours looking at it, and took a copy I prepared for her. A few weeks later, they decided everything was fine. They did find one thing I had done wrong, and it would have meant we owed about 11 bucks. They did the math and decided the 11 bucks was less than it was worth to refile so they decided to ignore it. So that 11 buck error on my part cost me two weeks of effort, and a new printer, and a big check to my CPA. I do have a neat color laser printer-scanner-copier-fax machine out of it.
__________________
Glen 49 Year member of the Porsche Club of America 1985 911 Carrera; 2017 Macan 1986 El Camino with Fuel Injected 350 Crate Engine My Motto: I will never be too old to have a happy childhood! |
||
|
11-20-2019, 12:04 PM
|
|
|
I'm with Bill
Join Date: Feb 2005
Location: Jensen Beach, FL
Posts: 13,028
|
I have owned this business since 2000. I have been audited twice in that 19 years.
Both times they discovered a mistake that resulted in them writing a check to me. IIRC - $500 the first time and $1200 the second time. They stopped auditing me after that. 
__________________
1978 Mini Cooper Pickup 1991 BMW 318i M50 2.8 swap 2005 Mini Cooper S 2014 BMW i3 Giga World - For sale in late March |
||
|
11-20-2019, 12:43 PM
|
|
|
|
I see you
Join Date: Nov 2002
Location: NJ
Posts: 29,929
|
Quote:
__________________
Si non potes inimicum tuum vincere, habeas eum amicum and ride a big blue trike. "'Bipartisan' usually means that a larger-than-usual deception is being carried out." |
||
|
11-20-2019, 03:10 PM
|
|
|
Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,577
|
According to a CPA I knew, State Auditors were much harder than those from the IRS...
__________________
"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
||
|
11-20-2019, 03:13 PM
|
|
|
?
Join Date: Apr 2002
Posts: 30,577
|
Quote:
|
||
|
11-20-2019, 03:43 PM
|
|
|
G'day!
|
Not sure if this is just urban legend or not but I've always heard claiming part of your home as a business expense puts you in the fast lane for an audit.
__________________
Old dog....new tricks..... |
||
|
11-20-2019, 04:09 PM
|
|
|
Registered
Join Date: Mar 2014
Location: Palm Coast FL
Posts: 1,194
|
I beat them for 19k they said I owed them
__________________
78 911 st backdate 87 944 00 996 |
||
|
11-20-2019, 04:37 PM
|
|
|
Brew Master
|
You mean they didn't call you? I mean I get like 4 calls a week from the IRS and they're always telling me I'm going to jail if I don't respond.
__________________
Nick |
||
|
11-20-2019, 04:47 PM
|
|
|
|
Registered
Join Date: Aug 2007
Location: Kenbridge VA
Posts: 4,285
|
I am counting this as a win...I know a man that won.
__________________
Peppy 2011 BMW 335d 1988 Targa 3.4 2001 Jetta TDI dead 1982 Chevette Diesel SOLD 
|
||
|
11-20-2019, 05:22 PM
|
|
|
Get off my lawn!
|
Quote:
That exemption went away last year. Can’t do it at all now.
__________________
Glen 49 Year member of the Porsche Club of America 1985 911 Carrera; 2017 Macan 1986 El Camino with Fuel Injected 350 Crate Engine My Motto: I will never be too old to have a happy childhood! |
||
|
11-20-2019, 05:58 PM
|
|
|
Model Citizen
Join Date: May 2007
Location: The Voodoo Lounge
Posts: 19,029
|
Nice work Patrick! Bet that made your whole day to get that letter in the mail!
__________________
"I would be a tone-deaf heathen if I didn't call the engine astounding. If it had been invented solely to make noise, there would be shrines to it in Rome" |
||
|
11-20-2019, 08:22 PM
|
|
|
Registered
|
Quote:
When I say I fought - I fought! Backstory: Eight months ago I got a love letter from the IRS saying I owed them a bit of money - enough money to buy a nice G50 Carrera and a set of new brake drums for my Speedster. I took it to a tax attorney, gave him $500 and two weeks later he told me I was screwed and better just write the check. I was thoroughly pissed off and started a hate mail campaign with the IRS. They sent me letters, I sent letters back - for months. Over a period of 4 months I sent them two separate tranches of documents and an excruciatingly detailed explanation. Each one took a couple of days to assemble and was over an inch thick. I lived with this low level stress for six months, waiting to hear from them, being pretty sure I was screwed, but hoping there was a chance. Now this! Yep, made my day - my week - my year!
__________________
. Last edited by wdfifteen; 11-20-2019 at 09:43 PM.. |
||
|
11-20-2019, 09:26 PM
|
|
|
Almost Banned Once
Join Date: Feb 2009
Location: Adelaide South Australia
Posts: 38,506
|
Great news but I've now got that song stuck in my head.
__________________
- Peter |
||
|
11-20-2019, 09:35 PM
|
|
|
Registered
|
__________________
. |
||
|
11-20-2019, 09:40 PM
|
|
|
Almost Banned Once
Join Date: Feb 2009
Location: Adelaide South Australia
Posts: 38,506
|
Thanks for that...
__________________
- Peter |
||
|
11-20-2019, 11:38 PM
|
|
|
Registered
Join Date: Oct 2003
Location: Mount Pleasant, South Carolina
Posts: 14,288
|
Congratulations!
When I built my house with a construction loan, the lender sent me a 1099 for a $100k partial draw after closing. The IRS came and wanted their share. After a year of back and forth, the incompetent lender finally sent a corrected 1099 to the IRS. Case resolved. Phew! |
||
|
11-21-2019, 01:14 AM
|
|
1970/1982 Porsche 914-6/911SC 2.7 RS
2003 BMW 330Ci
Carrera
1964 Porsche 356 C Sunroof coupe
1972 Porsche 914 2.0 fuel injected
1983 Porsche 911 SC Targa
Work vehicle
1985 Porsche 911 Cab
