IRS Examination Over!!!

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Old 07-20-2016, 11:08 AM
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In the case of the Government, the cost has to be measured in how much revenue they could have recovered by successfully going after someone else. The salaries were paid regardless of who they were investigating. In the case of The Villages, presumably outside council was retained and that would be real money that could have been spent on something else.

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Originally Posted by JP View Post
It would be interesting to know how much The Villages AND the government spent on investigating and defending this IRS investigation. I bet it is in the $millions. Sick.
  #17  
Old 07-20-2016, 11:11 AM
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Originally Posted by tommy steam View Post
I think we are all glad this finished. My question is, now can we write off the bond on our income tax now that he IRS found no wrong doing? I never claimed them on my taxes before, as I understood you could not, has it changed?
No, you cannot.
  #18  
Old 07-20-2016, 11:41 AM
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Ok ,I was just hoping, lol . Thanks
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Old 07-20-2016, 11:53 AM
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  #20  
Old 07-20-2016, 12:00 PM
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Quote:
Originally Posted by tommy steam View Post
I think we are all glad this finished. My question is, now can we write off the bond on our income tax now that he IRS found no wrong doing? I never claimed them on my taxes before, as I understood you could not, has it changed?
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cdd, examination, facilities, irs, ruling


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