What excitement.....
It has been an exciting day!
Daphne got a new rope toy and I bought a new bedspread. Daphne chewed a hole in the last spread. It wasn't her fault, she was emotionally distraught. And... I sent a big check to the IRS to repay a "disagreement" incurred around 1987
And no, I didn't just blow off the IRS for the last 20 years, just 3 or 4. They are my friends now, I talk to them alot. Actually in '87 I had made a fair sum in the real estate business in Dallas and my CPA put me in some tax shelters that were later disallowed. Unfortunately the disallowances coincided with my unfortunate "non sober" period. Being "non sober" renders one much more likely to blow off the IRS than otherwise, also "non sobriety" tends to make one earn less money to pay back the IRS even if he wanted to. Therefore the disallowances with penalties and interest were befitting a rich person, which at the time I was not.
So one of my first acts when I was rendered "sober" was to march myself into the Midland IRS office to make amends and throw myself on their mercy. Luckily I found a very nice IRS women who understood "non sobriety" due to an ex husband and she helped me out, arranging a settlement of my mid five figure debt. And she put me on a payment plan which I have been dutifully fulfilling for years since.
But since the debt is now down to higher four figures I thought I'd just pay the remainder off. The IRS charges about 300% a year compounded at every mealtime, my mineral holdings have been growing at 12-20%, so it was a no-brainer to make the payoff. I even settled for a little less than I owed due to the lump-sum payoff.
I've learned how to get along well with the IRS through all of these years. We are now always in total agreement. They say, "you owe $xxxx, and if you don't pay, we'll take everything you own." I always say, "OK, I'll pay". A great arrangement. I do have to say though that through all these years I have noticed a postive change when I call the IRS. In the early years, waiting a full hour to talk to a human being was not uncommon, it's usually minutes now. These days the people are also a little nicer and willing to listen, I think they finally realized that they can do anything to you they want, so why be nasty about it....and when you have to wait they have really good Musak on the phone. Tschaichovsky I think.
It has been an exciting day!
Daphne got a new rope toy and I bought a new bedspread. Daphne chewed a hole in the last spread. It wasn't her fault, she was emotionally distraught. And... I sent a big check to the IRS to repay a "disagreement" incurred around 1987
And no, I didn't just blow off the IRS for the last 20 years, just 3 or 4. They are my friends now, I talk to them alot. Actually in '87 I had made a fair sum in the real estate business in Dallas and my CPA put me in some tax shelters that were later disallowed. Unfortunately the disallowances coincided with my unfortunate "non sober" period. Being "non sober" renders one much more likely to blow off the IRS than otherwise, also "non sobriety" tends to make one earn less money to pay back the IRS even if he wanted to. Therefore the disallowances with penalties and interest were befitting a rich person, which at the time I was not.
So one of my first acts when I was rendered "sober" was to march myself into the Midland IRS office to make amends and throw myself on their mercy. Luckily I found a very nice IRS women who understood "non sobriety" due to an ex husband and she helped me out, arranging a settlement of my mid five figure debt. And she put me on a payment plan which I have been dutifully fulfilling for years since.
But since the debt is now down to higher four figures I thought I'd just pay the remainder off. The IRS charges about 300% a year compounded at every mealtime, my mineral holdings have been growing at 12-20%, so it was a no-brainer to make the payoff. I even settled for a little less than I owed due to the lump-sum payoff.
I've learned how to get along well with the IRS through all of these years. We are now always in total agreement. They say, "you owe $xxxx, and if you don't pay, we'll take everything you own." I always say, "OK, I'll pay". A great arrangement. I do have to say though that through all these years I have noticed a postive change when I call the IRS. In the early years, waiting a full hour to talk to a human being was not uncommon, it's usually minutes now. These days the people are also a little nicer and willing to listen, I think they finally realized that they can do anything to you they want, so why be nasty about it....and when you have to wait they have really good Musak on the phone. Tschaichovsky I think.
