The Mudcat Café TM
Thread #100008 Message #2001097
Posted By: Donuel
19-Mar-07 - 10:50 AM
Thread Name: BS: Relating to the IRS
Subject: RE: BS: Relating to the IRS
I thought so too but since we were targeted this year, our lawyer said we need to keep 10 years worth of returns.
The fact the IRS knows you paid does not mean that you are immune from the claim you did not file. You are presumed guilty unless you have the form.
If you can not prove the filing the fine is only a couple hundred dollars. Then the tipster gets a portion of the fine collected.