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To: Dutchboy88

Just curious... the compliance officer is clearly quoted in the story, not off the top of the OP’s head. Also, curious as to what an RAC is, refund anticipitory... what?

I anticipate IRS trouble this year, and would like nothing better than to believe it will all be OK, but the Times’ story has me also frightened, as does the expweience of the OP as a seasoned preparer.

Encourage, heck even comfort me, please...


28 posted on 04/18/2012 11:21:50 AM PDT by gloryblaze (Don't forget to donate and keep FR going strong!)
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To: gloryblaze; bramps
"Also, curious as to what an RAC is, refund anticipitory... what?

I anticipate IRS trouble this year, and would like nothing better than to believe it will all be OK, but the Times’ story has me also frightened, as does the expweience of the OP as a seasoned preparer.

Encourage, heck even comfort me, please..."

Refund anticipation loans & checks. And I am a 30 year CPA with as much audit experience. The OP is just using scare tactics to make you run to the safety of his great protection. Barf Alert!!!!!

The IRS folks are just a bunch of bureaucrats who want you to tell the truth. Gee, there is a novel idea. Do you suppose bramps' client wasn't disclosing everything? Well then I hope they chase the guy to the ends of the earth. I'm a taxpayer too and don't like these sorts getting away with deducting their toys and vacations.

Bramps sounds like the guy from TaxMasters who can save you from the big bad wolf. Problem: that guy just got sued for $ 195M for not providing any actual service. Whatever you do, don't sign up for bramps' special, secret newsletter.

41 posted on 04/19/2012 1:10:14 PM PDT by Dutchboy88
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