Discussion:Having a fool for a client
From TaxAlmanac, A Free Online Resource for Tax Professionals
Note: You are using this website at your own risk, subject to our Disclaimer and Website Use and Contribution Terms.
From TaxAlmanac
(Difference between revisions)
| Revision as of 14:20, 10 October 2007 Death&Taxes (Talk | contribs) ($220!!!!! Big t) ← Previous diff |
Revision as of 14:32, 10 October 2007 Proptaxguy (Talk | contribs) (This tool knew f) Next diff → |
||
| Line 9: | Line 9: | ||
| {{ForumReplyPost|UserID=Death&Taxes|Date=10 October 2007|Text=$220!!!!! Big time lawyer can't pay that.....probably was beneath him.}} | {{ForumReplyPost|UserID=Death&Taxes|Date=10 October 2007|Text=$220!!!!! Big time lawyer can't pay that.....probably was beneath him.}} | ||
| + | |||
| + | {{ForumReplyPost|UserID=Proptaxguy|Date=10 October 2007|Text=This tool knew from the beginning that the $2,195 was not a Qualified Higher Education Expense. He wasted the courts time throughout the whole process and should have been fined.}} | ||
Revision as of 14:32, 10 October 2007
Discussion Forum Index --> Tax Questions --> Having a fool for a client
Death&Taxes (talk|edits) said: | 10 October 2007 |
| When you are already a lawyer, it costs nothing but your time and $60 to go to Tax Court. This pettifogger contested the early withdrawal penalty on $2,195 of an IRA distribution totaling $21,000+, the rest of which was used to pay his children's college tuition. The $2,195 was spent on a private high school. What is worse is that he did not cooperate with the IRS but rather had his audit in Tax Court. | |
| 10 October 2007 | |
| It looks like he was simply trying to delay paying for as long as possible. He was pretty lucky, its amazing they didn't fine him. | |
Death&Taxes (talk|edits) said: | 10 October 2007 |
| $220!!!!! Big time lawyer can't pay that.....probably was beneath him. | |
Proptaxguy (talk|edits) said: | 10 October 2007 |
| This tool knew from the beginning that the $2,195 was not a Qualified Higher Education Expense. He wasted the courts time throughout the whole process and should have been fined. | |


