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I'd wager I've heard just about evey reason why there's no money to pay the taxes. There may have been a couple of rare instances which were truly beyond the taxpayer's control, but I can't think of one at the moment.

Rule Your Retirement Home Fool

I am certain you have heard alot of excuses. A friend, who I have given up trying to help straighten out tax issues, called last night. Taxes for 2008 haven't been filed. A previous check sent to the IRS bounced, and hasn't been covered. There is significant tax liability this year. The records for the cost basis for the forced stock sales have been lost. The stock has been held a long time. There have been splits, mergers and spin-offs.

There were two questions that I found entertaining:
1.) If I send all of my stock records to the IRS won't they calculate the cost basis?

2.) What do you about spending several thousand to "purchase" the right to be a travel agent to obtain discounted travel.
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