[Dixielandjazz] 1099's
tcashwigg at aol.com
tcashwigg at aol.com
Wed Feb 22 11:59:46 PST 2006
You were advised correctly Rae Ann, been there six times,
also try to sit beside them at a table in the conference room rather
than across from them behind a desk, do not let them play the
intimidation game on you. Be bold and sure of yourself and if they
indeed find a legitimate mistake, no big deal, so long as you can
explain that your interpretation and understanding about the item was
what you believed to be true and not an outright attempt to try and
cheat.
Some auditors are fine and wonderful people who honestly do their job
and try to help, others are complete Jackasses on a brownie point
mission trying to get advancements and make a name for THEMSELVES. If
you get such ask for their supervisor and explain why you want another
before proceeding. If you are basically honest you really have nothing
to fear from them, if not perhaps you need to be gotten. :))
We have far too much invasion of privacy already do not invite the
government into your home or office if you can avoid it.
If they want to go there badly enough they will get a search warrant to
do it and come anyway. They have to have a pretty good reason to do
that, usually but with the way things are going in Washington today
that could change quickly. Pay attention to what you say on the
telephone and what your write on the internet it is there forever. :))
As others have also said do not volunteer any information, why should
we pay them to harass us.
If they would but change the system to a straight Everybody pays 10% of
whatever money you make it would solve the need for all this anyway,
and I do mean corporations, non profits, churches, and all employed and
even those on welfare, if everybody did that they would still have more
money than they need to run this country and could run the IRS with
nothing more than a checking account. Ah but that would simply be too
simple, probably never work. :))
Cheers,
Tom
-----Original Message-----
From: rahberry at comcast.net
To: Dixieland Jazz <Dixielandjazz at ml.islandnet.com>
Sent: Wed, 22 Feb 2006 16:23:21 +0000
Subject: FW: Re: [Dixielandjazz] 1099's
-------------- Forwarded Message: --------------
From: rahberry at comcast.net
To: dwlit at cpcug.org
Subject: Re: [Dixielandjazz] 1099's
Date: Wed, 22 Feb 2006 16:22:20 +0000
> I've been advised that one should have the audit, if possible, in the
auditor's
> office, rather than your own. That way the auditor can't really go
on a
fishing
> expedition to see what else you have. You would be advised in
advance what
> records to bring with you.
> Rae Ann (a degree in Accounting. [ Honest!] Also a Master's in
Social
Work)
>
> -------------- Original message ----------------------
> From: dwlit at cpcug.org
> > I was audited in 1988. I had been told by a tax lawyer musician not
to be
> > afraid of the audit, but to consider it an educational opportunity.
They
> > weren't out to get me, but to determine whether I needed to be
gotten.
> >
> > The auditor spent 3 whole days *in my office*, even took receipts
with her
> > when she left. She examined literally every cent of *all* my
finances. She
> > asked questions, gave me a lot of tips. She found only one taxable
> > error--a $250 deduction for food bought on the way to various gigs.
> >
> > She was very pleasant, if businesslike, quite attractive, and
sitting as I
> > was at my computer table while she sat at my desk, I had a nice
view of
> > her veddy nice figure...
> >
> > So keep all your receipts, bank and credit card statements. and
don't be
> > stupid in claiming deductions. As Steve said, deduct aggressively,
but I
> > would add: Be able to explain convincingly how every one of them
relates
> > to your music business.
> >
> > --Sheik
> > http://americanmusiccaravan.com
> >
> > Steve Barbone wrote:
> > >
> > > As Tom Wiggins says, just have the receipts to back up what you
deduct and
> > > declare the income. Be aggressive in you deductions, no harm in
that. Then
> > > if they audit you, they'll just take a few bucks if they
disallow. And
> > > like
> > > John McLernan says, DO NOT VOLUNTEER INFORMATION JUST ANSWER
QUESTIONS
> > > ABOUT
> > > WHAT IS ON YOUR AUDIT NOTICE. Do not bring all records, just
those which
> > > they ask for.
> >
> >
> > _______________________________________________
> > Dixielandjazz mailing list
> > Dixielandjazz at ml.islandnet.com
> > http://ml.islandnet.com/mailman/listinfo/dixielandjazz
>
>
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