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I'm hoping this is the case. We'll see. It's been a "fun" experience thus far.:( Why the hell do we not have a flat tax in place? This is asinine!

Agreed. I like dogs which is why I have four rescues. I shouldn't have correlated the IRS to dogs. Other wording would be more appropriate.

Gotta say, you are a free thinker.

This is probably one of the best posts I have seen here in some time! Give a newbie with 10-20k 100:1, and he's a gonner sooner than later. Maverick needs to get paid for that post!

Agreed!

HF's are set up as pass through entities.

OUTSTANDING observation! That's exactly what the dumbs are doing with the timing on this one!:mad: I call them the dumbs, but they must be smarter than I gave them credit for. Oh yes, they are scumbags, but smart with the timing on this one The sheeple in America will probably love that...

I keep wondering when this bad dream will be over. I never thought I would see America like this...:(

Thanks for the link Bob! I'll get this figured out. With an ulcer though...:( There's no way I could be a CPA. I'd lose my mind.

The CPA's say they got all of the basis numbers in. However, they are going through everything they sent as we speak. I know there was a 1099 that was missed, but that is my fault for not remembering it. (actually for net keeping good records. What a learning lesson!!!! I will be keeping...

No tax evasion. Sorry.

Great thread! Thanks retail daytrader!

Oh yes, there are fines. I could buy you a new car for what the fines alone are.:eek: :(

Thanks bro! It may very well be 1099 income. It's looking like one of the guys I did some work with in 2007, and 2008 JUST NOW FILED HIS RETURN(s) AND turned in a 1099 that I didn't know about. We made some pretty good money, so this could be it. He turned in one 1099, but we also worked...

Well, as soon as the op finds out, the op will post it. From the preliminary findings, this is 'apparently' from 2008's return. All I can imagine is the irs thinks (or has found. sigh...) that there was more income in 2008 than what was reported. I make an ok living, but 97k MORE IN...

The guy from the t.v commercials "taxmasters" hired a bunch of IRS agents, lawyers, etc., and probably makes a killing. I'm going home to have a drink. (Iced tea):(

I have to keep my wacky sense of humor. When I think about sending them even 50k, that "killsthesunshine.":( :D

I guess it's only money...

Thank you very much!!! And I'll certainly try that fair tax calculator.

Agreed. I'll probably be giving them POA with this one...