Saturday, January 8, 2011

2011 CPA conversation with the IRS

So? Why now?

I retired on social security last year and quickly discovered I could not make the $400 tax payment to the IRS. I put together a package showing we upside down by almost $600.

Submitted it through our CPA and after a couple months, the IRS response was at first review, we will potentially be paying a $843. Only the IRS and tjeir fancy new computer system could figure that kind of math.

What's your story? Please no cursing, swearing, or mis-statement of facts. Right now I am monitoring the comments so feel free to share. You can also provide suggestions to me via the comments on any post, I would appreciate any suggestions on improving the blog.

Paul

No comments:

Post a Comment