F...Audits

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jbcjr14
04-17-2006, 06:37 PM
I'm talking anykind of audit (IRS, Insurance, etc.). I am currently going through a detailed underwriting audit and it really sucks. Stuff from 6-12 months ago just doesn't ring a bell! F the audit and F the auditor!

saden1
04-18-2006, 03:02 AM
If the IRS audits me I am f'ed...then again, I doubt there's anyone out there who isn't f'ed if audited by the IRS.

jbcjr14
04-18-2006, 09:31 AM
I have been audited by the IRS, if you have all the documents its nothing more than a very intrusive pain in the ass!

TheMalcolmConnection
04-18-2006, 09:36 AM
What pisses me off about the IRS is it seems they only target people who are hard-working honest people who are lower to middle class. Like it seems every year I have a friend who gets audited for no reason at all.

jbcjr14
04-18-2006, 09:45 AM
Unfortunate objects of the "random" check. Sucks, it has happened to me.

TheMalcolmConnection
04-18-2006, 10:08 AM
What exactly do they check? Like what do you have to prove to them?

dmek25
04-18-2006, 10:12 AM
i think if you have a ton of reductions that triggers an alarm

TheMalcolmConnection
04-18-2006, 10:20 AM
Ahhh, I see. Anyone know of the maximum amount of money you can make on a side-business that you don't have to report to the IRS?

jbcjr14
04-18-2006, 10:23 AM
Its different triggers every year. They hit us because we showed some pretty good income and paid 40% taxes cause the money was transacted overseas.....its all legit and was not a problem, but they are a pain in the ass.

TheMalcolmConnection
04-18-2006, 10:24 AM
God forbid they don't drain ALL the money out of the hard working people of America.

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