Quote:
Originally Posted by Johnhw2
Its pretty normal for the IRS to be looking into a company for ever. My employer had a floor in a DT office building where IRS agents worked full time drilling for money in the tax returns. Nothing funny or dirty about it.....just the way things work. IRS and congress is far from perfect so tax laws and regs they wrote has opportunity for saving taxes legally by interpreting them a logical way that favors the company's tax position. The IRS comes in and tries to find those and see if they can over turn the logic of the company. Sometimes they can most often they can not.
We did not operate casions I can imagine that adds more investigations and areas of discussion between the company and the fed gov.
Joe never rain a business so he is clean other than ....... time will tell
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You've missed the point. These were not IRS tax investigations.
They were FBI criminal investigations..........separate and additional to IRS.