My first Christmas card of the season! CRAP! - Page 2

xoxoxoBruce · 12-13-2009, 09:46 PM

I found it easier to just take away Mom's property/money, then dump her in a nursing home at taxpayer's expense.

Elspode · 12-14-2009, 12:33 AM

Quote:

Originally Posted by chrisinhouston

There was a time when this kind of thing would have really upset me but now I just figure, "what have I got that you want so bad, well you can just have it because in the end it's just stuff..."

Spoken like a man who has several bitchin' cameras, instead of just one.

xoxoxoBruce · 12-14-2009, 11:17 AM

You'll change your tune when they come for your drill press.

chrisinhouston · 06-24-2010, 02:54 PM

The saga continues.

After the IRS contacted me I got another letter about 2 weeks later asking for me to submit some financial work sheets as to how we computed the amount we owed on our return. So my accountant sent it to them via certified mail. Nothing was heard back until early May of this year when they sent me via certified mail what is known as the dreaded 90 Day Letter which basically said they had determined that I did owe the tax and I had 90 days to contest it in the US Tax Court of which there are branches in most major cities. No explanation of how they came to their conclusion or why they disallowed my calculations on my 2008 tax return; just a Send us the Money or else letter and the fact that it is the only thing they have sent me by certified mail made me a tad uneasy.

So, once again my accountant told me not to worry and sent them another certified letter with copies of the return and our worksheets and a request for them to read over everything and get back to us. She even got back the RRR post card from the Post Office with the signature of receipt and dated 5/17/2010.

Today (6/24/10), about 5 weeks from the receipt of my last letter I get a new letter from the IRS saying "Thank you for your correspondence and we will look over everything and get back to you within 60 days." How f--king hard can it be for someone there to actually pull up my return, look at the forms we submitted and the backup we sent in explaining how we came to the conclusion of what taxes were owed and actually make a decision? The letter also says that if I am not completely sure I don't owe the taxes then I should submit them now or interest will continue to be added. Like, they think I am going to send it in and then try to get it back later and with no interest paid to me for letting them bank my money.

NUTS!

classicman · 06-24-2010, 02:59 PM

Maybe a commission will be appointed. Then they can sit and discuss their options while your interest accrues.

Srsly, I've been there with them - IT SUCKS!

Lamplighter · 07-19-2010, 08:29 PM

If you owe the IRS, how about payment with a large block of the "forever stamps" and make your payment effective on 1/2/2011.

That's what some investors are planning

glatt · 07-20-2010, 08:27 AM

I don't get how forever stamps can be a serious investment. They are not legal tender. So you buy a million forever stamps for $440,000 on December 30th. (Let's ignore for a moment exactly how your are going to buy them, and assume it's possible to buy a million stamps at once.) Then on January 2, those stamps are worth $460,000. You just made $20k, right? Wrong. You need to sell those stamps to get your money out. Who are you going to sell a million stamps to? And why would they buy them from you, instead of the Post Office? Everyone who needs stamps will have bought a roll or two of forever stamps just before the price went up. They won't need new stamps for at least a year or so. So you're going to sit on a million stamps for a year, and then open a store to sell them? How long will that take? You'll do all that for a measly $20k? What are you, nuts?

Sure, stock up on a roll or two for your personal use. But stop there.

Shawnee123 · 07-20-2010, 08:48 AM

Quote:

Originally Posted by glatt

I don't get how forever stamps can be a serious investment. They are not legal tender. So you buy a million forever stamps for $440,000 on December 30th. (Let's ignore for a moment exactly how your are going to buy them, and assume it's possible to buy a million stamps at once.) Then on January 2, those stamps are worth $460,000. You just made $20k, right? Wrong. You need to sell those stamps to get your money out. Who are you going to sell a million stamps to? And why would they buy them from you, instead of the Post Office? Everyone who needs stamps will have bought a roll or two of forever stamps just before the price went up. They won't need new stamps for at least a year or so. So you're going to sit on a million stamps for a year, and then open a store to sell them? How long will that take? You'll do all that for a measly $20k? What are you, nuts?

Sure, stock up on a roll or two for your personal use. But stop there.

Yeah, I slyly gave my opinion of the forever stamp here. It was more of a matter of trying to kick start the post office, if'n you ask me.

squirell nutkin · 07-20-2010, 09:25 AM

Glatt, I think the writer was being facetious and drawing an analogy to how wacky and dangerous banks have become.

Willard: They told me that you had gone totally insane, and that your methods were unsound.
Kurtz: Are my methods unsound?
Willard: I don't see any method at all, sir.

monster · 07-20-2010, 10:28 AM

In the Old Country (i.e. when i was a kid in England) The Post Office was government owned and operated, so stampos could be used as legal tender. Often mail-in things would request sending small payments in stamps or a money order rather than cash. Kid obviously didn't have checkbooks. I think companies could cash them in at the post office.

glatt · 07-20-2010, 11:43 AM

Quote:

Originally Posted by squirell nutkin

Glatt, I think the writer was being facetious

I just noticed it was an editorial. I was reading it like a news article, and couldn't believe how dumb they were being.

xoxoxoBruce · 07-20-2010, 09:09 PM

Quote:

Originally Posted by monster

In the Old Country (i.e. when i was a kid in England) The Post Office was government owned and operated, so stampos could be used as legal tender. Often mail-in things would request sending small payments in stamps or a money order rather than cash. Kid obviously didn't have checkbooks. I think companies could cash them in at the post office.

Same here, Monster.

12-13-2009, 09:46 PM	#16
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	I found it easier to just take away Mom's property/money, then dump her in a nursing home at taxpayer's expense. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

12-14-2009, 11:17 AM	#18
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	You'll change your tune when they come for your drill press. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

06-24-2010, 02:59 PM	#20
classicman barely disguised asshole, keeper of all that is holy. Join Date: Nov 2007 Posts: 23,401	Maybe a commission will be appointed. Then they can sit and discuss their options while your interest accrues. Srsly, I've been there with them - IT SUCKS! __________________ "like strapping a pillow on a bull in a china shop" Bullitt

07-20-2010, 09:25 AM	#24
squirell nutkin has a second hand user title Join Date: Feb 2006 Location: in a Nut House Posts: 2,017	Glatt, I think the writer was being facetious and drawing an analogy to how wacky and dangerous banks have become. Willard: They told me that you had gone totally insane, and that your methods were unsound. Kurtz: Are my methods unsound? Willard: I don't see any method at all, sir. __________________ And now I'm finished posting.

07-20-2010, 10:28 AM	#25
monster I hear them call the tide Join Date: Dec 2005 Location: Perpetual Chaos Posts: 30,852	In the Old Country (i.e. when i was a kid in England) The Post Office was government owned and operated, so stampos could be used as legal tender. Often mail-in things would request sending small payments in stamps or a money order rather than cash. Kid obviously didn't have checkbooks. I think companies could cash them in at the post office. __________________ The most difficult thing is the decision to act, the rest is merely tenacity Amelia Earhart

06-24-2010, 02:54 PM	#19
chrisinhouston Professor Join Date: Sep 2001 Location: Houston TX Posts: 1,857	The saga continues. After the IRS contacted me I got another letter about 2 weeks later asking for me to submit some financial work sheets as to how we computed the amount we owed on our return. So my accountant sent it to them via certified mail. Nothing was heard back until early May of this year when they sent me via certified mail what is known as the dreaded 90 Day Letter which basically said they had determined that I did owe the tax and I had 90 days to contest it in the US Tax Court of which there are branches in most major cities. No explanation of how they came to their conclusion or why they disallowed my calculations on my 2008 tax return; just a Send us the Money or else letter and the fact that it is the only thing they have sent me by certified mail made me a tad uneasy. So, once again my accountant told me not to worry and sent them another certified letter with copies of the return and our worksheets and a request for them to read over everything and get back to us. She even got back the RRR post card from the Post Office with the signature of receipt and dated 5/17/2010. Today (6/24/10), about 5 weeks from the receipt of my last letter I get a new letter from the IRS saying "Thank you for your correspondence and we will look over everything and get back to you within 60 days." How f--king hard can it be for someone there to actually pull up my return, look at the forms we submitted and the backup we sent in explaining how we came to the conclusion of what taxes were owed and actually make a decision? The letter also says that if I am not completely sure I don't owe the taxes then I should submit them now or interest will continue to be added. Like, they think I am going to send it in and then try to get it back later and with no interest paid to me for letting them bank my money. NUTS!

07-19-2010, 08:29 PM	#21
Lamplighter Person who doesn't update the user title Join Date: Jun 2010 Location: Bottom lands of the Missoula floods Posts: 6,402	If you owe the IRS, how about payment with a large block of the "forever stamps" and make your payment effective on 1/2/2011. That's what some investors are planning

07-20-2010, 08:27 AM	#22
glatt ™ Join Date: Jul 2003 Location: Arlington, VA Posts: 27,717	I don't get how forever stamps can be a serious investment. They are not legal tender. So you buy a million forever stamps for $440,000 on December 30th. (Let's ignore for a moment exactly how your are going to buy them, and assume it's possible to buy a million stamps at once.) Then on January 2, those stamps are worth $460,000. You just made $20k, right? Wrong. You need to sell those stamps to get your money out. Who are you going to sell a million stamps to? And why would they buy them from you, instead of the Post Office? Everyone who needs stamps will have bought a roll or two of forever stamps just before the price went up. They won't need new stamps for at least a year or so. So you're going to sit on a million stamps for a year, and then open a store to sell them? How long will that take? You'll do all that for a measly $20k? What are you, nuts? Sure, stock up on a roll or two for your personal use. But stop there.

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