I only ask because Kelly Monaco could use one. Robert Snell reports that she owes about $68k to Feds which is odd considering she beat the likes of Evander Holyfield, J. Peterman, and Joey from New Kids on the Block. Can’t someone help the girl out? And not with the tango. [TW]
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For Some Unknown Reason, The IRS Confiscated a Nearly Worthless Scarface Poster in Young Buck Raid
Earlier in the month you may recall the story of hip-hop artist Young Buck being on the wrong side of a IRS raid that involved some of those shiny shotguns.
At that time, we learned that the agents seized several items – recording equipment, jewelry, furniture, his platinum wall plaques – even Mr Buck’s PlayStation (he says it was his son’s but, come on).
Anyway, we now learn that agents also confiscated a $31k Breitling Bentley watch AND a Scarface movie poster with an approximate value of…$10.
We’re not too familiar with IRS protocols, so perhaps when someone’s house is raided, the standard operating procedure is to take literally everything. The furniture. The porno collection. Worthless movie posters that there are literally tens of thousands of copies of. It all goes.
Presumably, the agents could have sold the poster to a kid on the street for a few bucks so they could get coffee but it would still be only enough money for one or two coffees. Or maybe it was enough for one (one!) cover at the local strip joint for the post-raid celebration. Or maybe on of the guys/gals really, really, really wanted that poster. Who knows?
Motivation aside, it certainly serves as another fine example of IRS shrewdness when it comes to collection efforts.
$31,000 watch among items seized from Young Buck’s home [The Tennessean]
Just So You’re Aware: Your Experience with IRS Can Now Be Rated on a Scale of One to Five Dog Bones
The following post is republished from AccountingWEB, a source of accounting news, information, tips, tools, resources and insight — everything you need to help you prosper and enjoy the accounting profession.
Consumers with a bone to pick with the Internal Revenue Service have the opportunity to share their experiences. Originally designed as an IRS profile database, IRSDoghouse.com has evolved into a free and anonymous Web site where anyone can rate – negatively or positively – their personal and professional experiences with IRS employees.
The IRS certainly holds the tax-paying public to task and now is the time for practitioners and other tax-paying individuals to reward or bite back, according to the site’s creators. Ratings are based on dog bones, with a single dog bone rating as the least favorable; five dog bones is the best rating.
People share personal experiences and can post information about the IRS employee, including whether the employee was helpful, clueless, difficult to work with, or knowledgeable. Reviews allow for character descriptions and other details. In the characteristic section, one reviewer explained that this IRS employee has been a government employee too long. She was clueless, difficult to work with, and would be fired if she worked in the private sector. The IRS employee received one dog bone.
On the other hand, a positive review of five bones reported that the IRS employee was able to negotiate, was fair, helpful, intelligent, and interacted with him in a kind, courteous, and professional manner. This IRS employee demonstrated positive communication skills and a pleasant attitude. He was a pleasure to work with and gave the benefit of the doubt to the practitioner/taxpayer. He also allowed ample time to comply with requests. “This is one of the good guys in the IRS,” the rater said.
The Web site provides people with IRS complaints a safe and anonymous place to vent or to share feel-good stories. And, if people don’t wish to post any comments at all, they can still read about practitioners’ and other tax payer experiences to know what they might be up against.
The site is free to use and is monitored for extreme profanity, hateful comments, and threats, which are removed. The administrator of this site has the authority to remove any posting that is not deemed appropriate.
IRS Eases Up on the Tax Liens for the Little People; Celebrities Not So Lucky
Commissioner Doug Shulman said in a statement today that the agency would make it easier for taxpayers to seek withdrawal of liens when they pay a tax debt or make arrangements to pay in installments for debts of less than $25,000. The agency also raised the dollar thresholds before liens are typically filed. “We are making fundamental changes to our lien system and other collection tools that will help taxpayers and give them a fresh start,” Shulman said in the statement. “These steps are good for people facing tough times, and they reflect a responsible approach for the tax system.” [Bloomberg]