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From: ark@alice.UucP (Andrew Koenig)
Newsgroups: net.taxes,net.legal
Subject: Re: HORROR STORY
Message-ID: <5829@alice.uUCp>
Date: Wed, 23-Jul-86 23:58:16 EDT
Article-I.D.: alice.5829
Posted: Wed Jul 23 23:58:16 1986
Date-Received: Thu, 24-Jul-86 21:17:35 EDT
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> Has anyone out there in net land gone through such an agonizing
> experience or any advice?  I'm concerned as to what will happen on
> assessment day (A-day).  We'll probably appeal to the 9th circuit
> court, but I understand that the assessment has to be paid first.  But
> what if you can't?  Should I consider taking a vow of poverty -- becoming
> a wondering guru and look for wealthy followers?

I suppose you should have thought about it beforehand.

My understanding is that not even declaring bankruptcy can
wipe out a tax debt.