Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/18/84; site brl-tgr.ARPA Path: utzoo!linus!philabs!cmcl2!seismo!brl-tgr!ron From: ron@brl-tgr.ARPA (Ron Natalie ) Newsgroups: net.taxes Subject: Re: Things IRS Won't Tell You #3 Message-ID: <5726@brl-tgr.ARPA> Date: Sun, 11-Nov-84 20:12:55 EST Article-I.D.: brl-tgr.5726 Posted: Sun Nov 11 20:12:55 1984 Date-Received: Tue, 13-Nov-84 01:24:18 EST References: <4007@decwrl.UUCP> <847@cca.UUCP> Organization: Ballistic Research Lab Lines: 14 > So you don't have to give the IRS any records if they try to audit you. > So what. This is about as silly as the first message about how you don't > have to file forms, and you go into it an great and ponderous length. > These tid bits are of some interest, but if you look at the income tax > statute, it imposes taxes at the maximum rate on income. Then it lets > you take some deductions, etc., if you can prove it. If you won't submit > your records for audit, you can expect to get deductions you are refusing > to prove disallowed, etc., and eventually have the IRS, with the force > of law, seize what it thinks your taxes are. Showing them proof that your deductions are legitimate is different from letting them go fishing through your books "looking." -Ron