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View Diary: Want to Reduce the Deficit? Start by Funding the IRS (81 comments)

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  •  Auditors are pretty good at telling who's (4+ / 0-)
    Recommended by:
    Subterranean, RickD, BachFan, Creosote

    trying to cheat the government and who just made a mistake.

    My father was audited back in the '80s.  He was making good money at the time in the operations side of manufacturing.  As for finance, he was a total dolt.  He did something totally stupid like cash in an IRA without paying the penalty.  I don't doubt for a second he did it because he was too dumb to read the directions.

    When he got his scary letter from the IRS, he started shaking.  We didn't even have the stereotypical shoebox full of financial records.  Mom had to go through the whole house and hunt them down, bitching at Dad the whole time.  When he got in to see the auditor he said, "I honestly wasn't trying to cheat the government."  The auditor said, "Um, I can see that."  Then he said my father could have taken this deduction, this one and that one, and all would have been perfectly legal.  After telling Dad he'd need to pay what he legally owed plus the penalty, he said, you know, this was a fairly complex return for someone with no accounting experience.  He suggested, from then on, Dad hire an accountant.  

    Dad said afterwards his auditor was actually a very nice man.  It wasn't nearly as bad as he feared.  I think the worst part was the snickering he got from his company's CFO.

    Any jackass can kick down a barn, but it takes a good carpenter to build one.--Sam Rayburn

    by Ice Blue on Thu Jan 31, 2013 at 08:23:56 AM PST

    [ Parent ]

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