Quote:
Originally Posted by DAVES
Like so many things, IF, they target you they will find a way to get you. For most it is simply not worth the trouble. The IRS just hired, what was the number 600 new auditors. There is a NEED to prove it is money well spent.
Martha Stewart. I have no relationship to her. She is a public figure. They went after her and the issue was given a lot of coverage. It likely cost more than it was worth. The goal was not to punish her but to make a public example of her.
"Simply forgot something," is NOT an excuse. It is still subject to ALL penalties.
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600? Try 2500...
"The IRS has hired about 2500 new auditors as part of a $40 billion package passed by Congress. This includes 2,000 agents to the Small Business team and another 500 to the Criminal Enforcement team."