September 16, 2011 - Phil Hodgen

IRS is fishing with dynamite

Throwing a stick of dynamite into the pond is a good way to drive all the fish — dead — to the surface.  And the IRS is nothing if not subtle.  So today I received — from two separate clients — the same letter the IRS is sending out.  Perhaps you have one, too.

The Service is fishing for more information.  The dynamite they are using is the brute force threat of “you are not cooperating so we will throw you to the Criminal Investigation Division wolves”.

Not surprising.  Not surprising at all.

IRS-undisclosed-financial-accounts.pdf Read it and weep.  You’re living in the land of the free, home of the brave, mofo.

Voluntary Disclosure