Comments on: The IRS Goes Where The Money Is https://eliteedgemoney.com/irs-willie-sutton-goes-the-where-money-is/ Money | Minimalism | Mohawks Wed, 30 Aug 2017 19:08:36 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: J. Money https://eliteedgemoney.com/irs-willie-sutton-goes-the-where-money-is/#comment-84531 Mon, 06 Feb 2012 21:31:48 +0000 https://staging.eliteedgemoney.com/?p=21299#comment-84531 Hopefully not anytime soon ;)

]]> By: Renee https://eliteedgemoney.com/irs-willie-sutton-goes-the-where-money-is/#comment-84457 Mon, 06 Feb 2012 02:49:27 +0000 https://staging.eliteedgemoney.com/?p=21299#comment-84457 We haven’t been audited yet (I’m 28), but I’m sure there will come a day. :P

]]> By: J. Money https://eliteedgemoney.com/irs-willie-sutton-goes-the-where-money-is/#comment-84399 Sat, 04 Feb 2012 18:44:18 +0000 https://staging.eliteedgemoney.com/?p=21299#comment-84399 @Monica C. – Haha, yeah it is! But as long as you’re playing by the rules, then at least you know there’s nothing to worry about ;)
@J. O. – That sucks! I fear making that mistake too – I do my best to keep track of ALL money that comes in, whether I get a 1099 or not, and report it all anyways, but I can see something falling through the cracks like that too. All we can do is our best! :)
@Melissa – Man, getting hit twice in your 20’s is no joke. I hope I can get out of my 30s without ever getting one! *knock on wood*
@The Ten Bob Millionaire – Very stressful for sure, I’m glad I’m not a CPA ;)
@LB – WOWWWW very cool! A great story to tell too, I love it :) Thx for sharing!
@Jerret – Wow that sucks… and twice in a year?? They must have thought something really fishy was going on, I’m glad she’s done with it now (hopefully)!
@MoneyMateKate – HAH! That would be nice ;)
@retirebyforty – Same here – mine’s getting more complicated too, gotta make sure we stay on track!
@Carrie – Awww, well I’m glad it all worked out in the end :) And you have a healthy baby now! At least that set off the nastiness, haha…
@Kris @ Debt-Tips – Woohoo! Hope you keep your streak alive!
@Corey @ Passive Income to Retire – Good call, that’s important :)
@Brent Pittman – Haha, I don’t know of any…
@Honey – I bet there’s some truth to that :)
@American Debt Project – Well, we wouldn’t need them if people followed the law! That’s what’s so frustrating really – that people F around all the time and try to get away with it, and then all of us “good” ones have to wade through all the $hit because now the gov’t doesn’t trust everyone… stupid people are always ruining it for others ;)

]]> By: American Debt Project https://eliteedgemoney.com/irs-willie-sutton-goes-the-where-money-is/#comment-84383 Sat, 04 Feb 2012 05:08:23 +0000 https://staging.eliteedgemoney.com/?p=21299#comment-84383 Those are good odds to know! The IRS has a pretty good strategy..they sound like classic gold-diggers :)

]]> By: Honey https://eliteedgemoney.com/irs-willie-sutton-goes-the-where-money-is/#comment-84367 Fri, 03 Feb 2012 19:09:29 +0000 https://staging.eliteedgemoney.com/?p=21299#comment-84367 I think that if you rent instead of own, the odds you’ll be audited are infinitesimal.

]]> By: Brent Pittman https://eliteedgemoney.com/irs-willie-sutton-goes-the-where-money-is/#comment-84319 Fri, 03 Feb 2012 00:19:50 +0000 https://staging.eliteedgemoney.com/?p=21299#comment-84319 Any stats on small businesses being audited? (I’m clean btw if anyone is monitoring this).

]]> By: Corey @ Passive Income to Retire https://eliteedgemoney.com/irs-willie-sutton-goes-the-where-money-is/#comment-84307 Thu, 02 Feb 2012 20:40:42 +0000 https://staging.eliteedgemoney.com/?p=21299#comment-84307 No audit here, but with the side business gearing up, I am paying extra attention to “cross all my t’s”. Don’t want a silly mistake sending the irs after me.

]]> By: Kris @ Debt-Tips https://eliteedgemoney.com/irs-willie-sutton-goes-the-where-money-is/#comment-84297 Thu, 02 Feb 2012 19:02:56 +0000 https://staging.eliteedgemoney.com/?p=21299#comment-84297 I was audited 20 years ago, apparently before they went “where the money is”. I was a college student home for the summer and my landscaping boss paid me half check half cash. Silly me, I thought he was giving me cash for the weekend, but clearly he was only reporting the check amount. So I filled out a form and paid a few bucks and that was that.

I’ve since been self employed (at least partly) for more than 10 years and have not been audited since (fingers crossed, wood knocked).

]]> By: Carrie https://eliteedgemoney.com/irs-willie-sutton-goes-the-where-money-is/#comment-84295 Thu, 02 Feb 2012 18:37:09 +0000 https://staging.eliteedgemoney.com/?p=21299#comment-84295 We got audited once in 2009 for our 2007 taxes. The letter came in about a week before our first child was born! It turned out we didn’t report some income my husband received for doing some independent contracting for his father’s company. I do the tax filing and I didn’t even know about the contract work. The company didn’t send us a tax form, but they sent one to the IRS. Grrr.

Thankfully the IRS people are really nice on the phone and they let us pay in installments. Between that and the new baby and unpaid maternity leave, 2009 was an interesting year, financially.

]]> By: retirebyforty https://eliteedgemoney.com/irs-willie-sutton-goes-the-where-money-is/#comment-84293 Thu, 02 Feb 2012 18:08:41 +0000 https://staging.eliteedgemoney.com/?p=21299#comment-84293 Not yet, thanks goodness! My tax wasn’t very complicated previously, but it is getting more and more difficult. Hope no audit anytime soon.

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