[MeanWestTexan]

Schwab incorrectly turned me into to the IRS for “not reporting gain” on sale for something I had full basis in. Tried to charge me $300K in taxes. Accountant said it was because I am a director of a public company that is not the kind of company Chuckie Schwab likes and it is their policy to screw with oil executives.

Audit cost me $3500. IRS paid me $98 in the end for their bad faith investigation.

[FreedomPoster]

Good tax accountants aren’t cheap. And they hate dealing with the IRS on poo like that, too.

[marktwain]

Accountant said it was because I am a director of a public company that is not the kind of company Chuckie Schwab likes and it is their policy to screw with oil executives.

Wow.

Fascinating stuff.