I have tried to NOT doom and gloom as hard as it is at times … that said, when this passes the House, if Devolution is NOT real … WE ARE FUKED. I apologize, I absolutely am dooming, because this is more terrifying to me than any of the shit the FBI and DOJ have been doing. The IRS can audit your ass, find ANY amount of $$ you are delinquent on, attach fines, fees and interest. If you don't pay, they seize your bank accounts (I have seen it happen), personal assets, house, cars, all that.
If you have never had issues with the IRS and don't have any point of reference allow me to share with you a personal experience. I filed my 2017 federal returns late. I paid all my fees and fines as was appropriate. Six months after I filed I got a certified letter from the IRS saying they were going to proceed with legal action for not filing my 2017 returns. I called them. They sent me a bunch of IRS publications on what to do. I mailed them another copy of my returns WITH the certified mail receipts proving I had filed 7months earlier. SIX MONTHS LATER I got another NOTICE that I was now delinquent and the IRS was taking action against me. This time I sent EVERY IRS returns processing center in the country a copy of my returns and copies of all the correspondences and certified mail receipts proving I did in fact communicate as requested. That was about a year ago. I have not heard anything back from them. I have heard horror stories about shit IRS agents can do. Ok Now the IRS is stockpiling ammo?
I have tried to NOT doom and gloom as hard as it is at times … that said, when this passes the House, if Devolution is NOT real … WE ARE FUKED. I apologize, I absolutely am dooming, because this is more terrifying to me than any of the shit the FBI and DOJ have been doing. The IRS can audit your ass, find ANY amount of $$ you are delinquent on, attach fines, fees and interest. If you don't pay, they seize your bank accounts (I have seen it happen), personal assets, house, cars, all that.
If you have never had issues with the IRS and don't have any point of reference allow me to share with you a personal experience. I filed my 2017 federal returns late. I paid all my fees and fines as was appropriate. Six months after I filed I got a certified letter from the IRS saying they were going to proceed with legal action for not filing my 2017 returns. I called them. They sent me a bunch of IRS publications on what to do. I mailed them another copy of my returns WITH the certified mail receipts proving I had filed 7months earlier. SIX MONTHS LATER I got another NOTICE that I was now delinquent and the IRS was taking action against me. This time I sent EVERY IRS returns processing center in the country a copy of my returns and copies of all the correspondences and certified mail receipts proving I did in fact communicate as requested. That was about a year ago. I have not heard anything back from them. I have heard horror stories about shit IRS agents can do. Ok Now the IRS is stockpiling ammo?
Yeah. This is the insane FBI shit X 1000.