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Author: inparadise Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121594  
Subject: Record Keeping Date: 9/27/2012 10:10 AM
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Thank goodness we are anal about it. Just received a CP2000 for 2010 telling us we owe a bunch more in taxes, because Citibank did not send them supporting documentation that showed we paid interest on our primary residence mortgage. Fortunately, after spending way too long trying to read this fat envelope of documents from the IRS, we understand they want the 2010 1098 from Citibank showing we paid. Easy enough. Hopefully that will take care of it.

After the 18 month debacle we went through with the IRS on our return to the mainland, where they claimed we hadn't paid Federal taxes for the years we worked in a US territory, only settled once we got a taxpayer advocate to present our 3rd set of documents we provided to the IRS, I have little faith in anything being easy in dealing with the IRS.

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Author: vkg Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 116680 of 121594
Subject: Re: Record Keeping Date: 9/27/2012 12:36 PM
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Hopefully, this one will be easy. My experience has been that routine problems are easy resolved.

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Author: inparadise Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 116682 of 121594
Subject: Re: Record Keeping Date: 9/27/2012 12:55 PM
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Hopefully, this one will be easy. My experience has been that routine problems are easy resolved.

Only if they pay attention. With our last problem, where they didn't think we had even filed for 9 years, we had all the documents in our hands and even signed as received by the USVI dept of taxation. Thankfully one of our co-workers highly suggested the need to hand deliver tax forms and have a copy with us for stamp and signature as received. Problem is, the IRS went from drooling over having supposedly caught a tax cheat/avoider, and looking to collect tons of taxes, to realizing they didn't have a leg to stand on, so they ignored the docs. Of course, that meant another letter got sent, we copied and overnighted the docs again, and it again got ignored. By the time we explained the situation the third time around, the 3rd IRS guy gave us the number of a taxpayer advocate, given we had been treated so poorly. It went smoothly in his hands.

I can't even imagine how bad that situation had been if we did not keep every single tax form and associated documents since the day we started paying taxes. Conventional thoughts on how long to keep docs didn't cover the time frame.

Easy would be welcomed.

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