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Pastimes : Let's Talk About Our Feelings!!!
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To: Zoltan! who wrote (83005)6/28/2000 11:13:00 AM
From: Father Terrence   of 108807
 
THE IRS -- WHAT CHANGE?

The old saying goes, "the more things change, the more they stay the same." For some time now, the public has been inundated with press releases and news conferences that tout the "new and improved" and the "kinder, gentler" IRS. How much is hype and how much is reality? Read the following case and you be the judge.

Mr. Ernest Spence of Roswell, New Mexico is a small business owner. His problem with the IRS began last year when he paid his fourth-quarter taxes for the amount of $28,153.93. According to Mr. Spence, the IRS insisted that he had under paid by $0.01. He insisted the underpayment was inadvertent and due to a calculating error for a fraction of a cent that did not carry over. The IRS then assessed Mr. Spence $286.50 in penalties and interest for the $0.01 error. Mr. Bill Golden, Mr. Spence's accountant, filed a protest and an amended tax form and the IRS also asked for further documentation to determine how the problem occurred. The IRS has backed off from collecting and this is most probably due to negative publicity the case has received due to the efforts of both Representative Joe Skeen (R-NM) and Senator Pete Domenici (R-NM) on Mr. Spence's behalf.

What can be observed for this case is that old habits die-hard. Charging $286.50 in interest and penalties for a one cent calculating error is both ludicrous and draconian. As Mr. Spence has learned, the taxpayer must continually on his guard, even with the "kinder, gentler" IRS!
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Want to get rid of the IRS? Go to www.cars.org
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