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If you really want to do this, sit down with a CPA and make sure you keep the IRS posted every stop of the way. My experience was that they were willing to sei
by mahmud 17y ago
If you really want to do this, sit down with a CPA and make sure you keep the IRS posted every stop of the way.
My experience was that they were willing to seize my father's business and liquidate it, sending 12 employees and their families, not to mention my parents, into the street .. all for $80k.
- nestlequ1k 17y agoSorry to hear that about your father's business. Will definitely take your advise about talking with a CPA. I'm sort of operating on the assumption that the worst the IRS can do is seize assets, none of which I have. It's probably a stupid, naive assumption, which I'm sure the CPA will chew me out for. However, I figure it's better to pull this kind of crap when you're young :-)