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All I tell my people is: "Since you owe $2,000 for 2010, they will penalize you $500 for not filing, $500 for not paying and then you will have interest calculated for each year. So technically, the amount you owe will almost double, but the IRS will gladly calculate everything for you". Some people say "But I want to know now".... my answer is "This return was due 7 years ago and all the sudden it is urgent????"

I am at a loss of words to express my disdain for this.....words that can be printed here.

I'm never going to print most of those. Only an idiot could turn a 2 page form into 8 pages that are mostly white space and brag about it being an improvement. Paper companies are probably drooling over how much more paper they will sell.

What I do in a situation like this is I tell the client there will be penalties and interest then I let the IRS calculate the numbers, which I double check of course. This approach lets the IRS be the bad guy, instead of me. Then if I find a mistake, saving the client money, I can be the bearer of good news, sort of.

and I still get to see something new. Client received a letter from the IRS that starts off "Dear Taxpayer: We recently sent you a letter in error thanking you for the information you sent............We had already resolved the issue you on your account..........................." Heretofore, I had never seen the IRS revoke a thank you! What IS this world coming to?

My very best wishes that EVERYONE here has a wonderful Fourth of July with friends, family, burgers, sparklers, and more. Be safe and enjoy! "We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, and among these are Life, Liberty, and the Pursuit of Happiness. That to secure these rights, governments are instituted among men, deriving their Just powers from the consent of the Governed..." This country remains the ONLY ONE, EVER founded in the entirety of the world's history, on the principles that sovereign power resides in the people, and that the purpose of government is to protect those rights given to us - not by a government document (which could be overturned by another document), but by God Himself (Who can never be overturned). How unutterably privileged we are to have been born here and/or to have made this country our home. Read the entirety of the Declaration out loud with your family some time tomorrow. The signers pledged their lives, fortunes, and sacred honor. We can take ten minutes to read the bold statement of treason (going against the King) and heresy (Georgie Porgie was also head of the official Church of England). Not even our burgers will be on the line. National Archives transcript Discussion of the preamble

Of all the outrage over taxes by the public - I've never understood why the S-Corp is allowed the way most operate under it.

And maybe a bill....

There will be another letter...

The IRS letter systems are out of control.... Rich

business as usual...

This has been said by the IRS for decades. Why don't they target the easiest cheats there are. S-Corp owners that do not take a salary at all. What a bunch of of male bovine scat.

I TOTALLY agree with cbslee. Whenever I try to calculate the penalties, I always get it wrong.

FTFY:

I received a similar response from an IRS agent yesterday, I have prepared 941 and 940 from 2008 to 2016 (over the years), as of yesterday the IRS has no record of my client ever filing, they show payments towards 944 for 2016 which we never filed. Client has always been a 941 filer, I have digital copies of all the years and this stinks for my client.

Schedule 2+4 and 3+5 are obvious candidates to be combined on the same form. I think one of two things is likely happening here: 1) Someone is under orders from the current administration to create "post card-size forms"; or 2) Someone is intentionally producing something incredibly stupid in an effort to make the current administration look bad.

For any that are interested, below are Schedules 1 through 6, wasting a few more sheets of paper for each return printed:

It seems like every time there is a Microsoft update I lose some functionality! Old software automatically becomes obsolete and printing problems ensue as well. I have contacted Microsoft and they resolved some of my issues as they are certainly aware of this charade!

Thanks, y'all. I won't even attempt it!

Agree, I once calculated a penalty by the state by a few dollars more and the state said they will not refund the extra money to my client. Another client where I prepared a couple years back never received a bill for some years from the IRS, called to find out the status was told if my client hasn't heard back from the IRS it's all good, client was going to setup a payment plan after the IRS had calculated all the fees.

Isn't that the best thumbnail ever.