IRS: Is this a bad sign?
 

I received two letters from the IRS.

One to my biz address with my Tax ID, another to my home address with my SS#.

Both asking for me to "update" my records.

Anyone else get anything like this?

Or should I be expecting an audit?

brings the total to 12 noiw who have recently been contacted by the IRS in this biz

it has begun
sounds like a "here we come" warning

ANYTIME the IRS looks you up, isn't good. Out of site, out of mind is always a good thing with the IRS.

Bizarre.

Better check the return address and make sure it isn't going to somewhere in Nigeria.

SpaceAce

No it is definitely IRS.

well, here in Canada when i was contacted by CCRA, they said they just wanted me to call. when i called, i was informed that i was going to be audited. not much fun.

Yeah...I kinda figured that's what is going to happen.

Yup. As long as all your shit is in order you shouldn't have anything to worry about. If not, lawyers that specialize in that type of thing aren't cheap. :2 cents:

Heh, I was just kidding, anyway :) I don't know what it means but given EscortBiz's comments, it sounds ominous. Of course, anything related to the IRS sounds ominous; that's what keeps them in business.

SpaceAce

If they will come you get no warning. They work on the surpise method :1orglaugh

I just got the fucking scare of my life too...... but mine was in the way of two certified letters from my STATE. and they wanted money. I have just spent the last 2 hours hunting down bank statements and I got to call them and tell them they are dead wrong..... I paid my damn taxes. She didn't like me much after I told her that they got my money and cashed my check and now *I* want to know what they did with MY money. GOD that felt so good to declare and prove them wrong. :1orglaugh

but if your names on a list for mailers you know they're watching you close

Toss everything more than 3yrs old(personal) and 5yrs(business). Been through it before. Don't give them more than they ask for and got forbid you don't have what they do ask for.

never fun to be contacted by the tax people :(

Not all audits are the same. Some only require you to send in some info, others are move invasive where you actually have to meet with the IRS.

You're not alone :/

We got both letters, too... a little while ago...

My accountant called them. They just wanted us to update our information. Our address had changed within the last three years. We called them, too. They repeated the same thing.

I'm sure it's more than just 'this biz'...

only reason I'm not willing to totally go for any conspiracy theory yet, is that it's nearing the end of the year, and money's tight so they've probably been told to go on overtime in regards to collection of debts due, and to close out any OPEN files...

hah. Maybe you GFYers should stop claiming audit flag deductions on your tax return. :1orglaugh

So no audit?

The war in Iraq is expensive, they're looking for money. :glugglug

agreed :glugglug

ur fucked. move to mexico asap

is that counting me?

im done with them though whew
pay taxes everyone

I would guess it's more on the "they think you owe money" side.

Just to give you an idea of how bureaucratic the IRS is: they sent me a letter requesting an address update; I did it sent it back. I got another and I did it sent it back again. I got another, I personally called them and sat on the phone to talk with someone and had them change my address in the database. I get yet another letter about a year later. They STILL DIDN'T HAVE MY INFO RIGHT. It was simply amazing.

They will find you in Mexico.

I don't pay taxes :mad: :mad: :mad: :mad: :mad:

Yeah you gotta go someplace that makes extradition hard. Brazil, Switzerland or Cuba

Yeah, got to Brazil and get a local girl pregnant and you are safe. :)

buy gold

I got contacted also. Just finished a big audit. :2 cents: :2 cents: :2 cents: :2 cents: :2 cents:

:1orglaugh :1orglaugh lol


And on a serious note, hope everything goes well if it's an audit.