Mozilla Settles With IRS and pays $1.5 Million

[Guest]

After more than four years of investigation, the IRS has closed an audit of the Mozilla Foundation.

Mozilla Settles With IRS and pays $1.5 Million : Read more

 

[hunshiki]

Modern mafia.

 

[Thomas Creel]

This is really wrong, 1.5M for an audit?

 

[Guest]

The IRS needs to take a dirt nap.

 

[cookoy]

"the IRS chooses which organizations — taxable, tax-exempt, individuals, businesses — it wishes to understand better."

They just want to squeeze the most juice out of you and sometimes it takes years of audit to understand how to fully accomplish this. Dummies? No, more like suckers.

 

[A Bad Day]

[citation][nom]JacekRing[/nom]The IRS is a joke, they don't even understand the federal tax code. They make stuff up as they go.And you can't challenge them in court, because the law says you have to prove THEY are wrong, not that you are wrong. And the courts won't let you recite all 200k+ pages of tax code in court to prove they are wrong.[/citation]

Isn't the tax code like changed everyday? I've read an article about it once, and a spokesperson from H&R admitted that tax accounting is more like a guessing game because you can interpret the codes in many ways.

 

[f-14]

jan 1 2013 no matter who gets elected if no positive flow major cost savings budget plan gets worked out austerity measures kick in for the USA $660 billion gets cut and taxes go up all across the board in order to avoid a greece situation and default on about 4 trillion in loans from japan and china.

the IRS is going to be targeting everything it can like this very very soon.