2 ms·
As a funny anecdote, I know one person who did so much wrong with his taxes for a high value personal business that he received a check from the IRS each of the
by milesvp 8y ago
As a funny anecdote, I know one person who did so much wrong with his taxes for a high value personal business that he received a check from the IRS each of the 3 times he was audited after the business folded. I don't know the specifics, but apparently, his business was some sort of an anomaly and the IRS was sure that he underpaid his taxes for a number of the years the business was running. He was sort of clueless about his expenses, so when the IRS audited, they ended up finding a whole lot of expenses that he hadn't properly accounted for and when he refiled, he got a rebate check. This happened 3 times before the IRS finally accepted that his taxes were correct.