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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?


To: Box-By-The-Riviera™ who wrote (487)1/21/1998 8:03:00 AM
From: Bob Miller  Read Replies (2) | Respond to of 5810
 
Joel: I'm afraid that my employment background does not include the IRS. My only time in Federal employ was a reluctant stint with our
Army, and a few Christmas's delivering the mail, while in college.

I have dealt with the IRS extensively for 30+ years. I found
the agents to be honest, and interested in finding some additional
taxes. There was not much time spent on complicated matters that
were not understood. The topics that come to mind were basis verification, passive losses, depletion issues, foreign tax credits,
and wash sales.

One must consider the outcome of one's actions, both on tax returns
and in real life. Do not tell mistruths. Present all matters in the
most favorable light. Don't sweat the small stuff.

Happy taxes,

Bob Miller