Anecdotal IRS info
A friend just stopped by. She is the accountant for a mid size construction company. The company is set up into 3 separate companies and all 3 have received letters from the IRS already. She said the letters are vague – form type letters asking for information. So now she will have to spend 1/2 day or more rummaging though records in order to reply. The owner is a Republican
Sucks !
Let us know if the show up with guns
If it is just a form letter and they haven’t specified a specific issue they are probably on a fishing expedition and if your friend provides the info it will give them reason to create problems. If it was I, I would ignore them until they have a specific issue that I diddn’t comply with something or they specify a particular issue.
Good advice – Ill pass it on. I have not seen the letters – thx