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URL:  http://boards.fool.com/not-personal-experience-but-an-partnership-down-11049206.aspx

Subject:  Re: The Pennsylvania two-step Date:  7/14/1999  7:20 PM
Author:  zorloc Number:  17316 of 121482

Not personal experience, but an partnership down the hall from my previous job attracted an audit from the IRS through some shifty dealings (which were eventually ruled legal), and resulted in a multi-year audit (in both time audited and time the audit took). They lost about 4 times the money (if not more) they made from the shifty actions in dealing with the IRS.

jbw
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