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When the Taxman Cometh, Don’t Write a Check to Cash

I occasionally come across interesting and humorous tax articles and like to pass them along. Today, I found a story that was too good to pass up and provides a good piece of advice — if an IRS agent ever asks you to pay him directly, call your lawyer. The USA Today article is worth reading for the entertainment value as it is not very often that you hear about Federal employees soliciting bribes. Aditionally, if an IRS agent ever asks for payment, never pay in cash and the check should always be written out to “US Treasury” with your EIN or social security number on the memo line. 

Dealing with the IRS is a complicated matter, and not selecting the correct strategy to handle an audit could have significant long-term repercussions on taxes owed and penalties.  For a free phone consultation on these and other tax-related matters, contact The Law Offices of Aaron P. Richter, a Reno-based firm with expertise in Tax Controversy, Business Formation, Estate Planning, and Probate.