May 14, 2010 - Phil Hodgen
The IRS has paperwork and procedures in place for this, and the Revenue Agents can handle this easily. This tells me something–an either/or:
- Either the IRS carefully thought through this eventuality (people opting out of the amnesty process) and prepared its procedures and paperwork to be ready for it; or
- Enough people have opted out so the IRS has been forced to develop a procedure to do this.
Or are there other explanations that I’m not considering?
Tags: #tealeaves