IRS tax dead beats … maybe not so much!

Last week’s government-scandal story practically wrote itself. An IRS inspector general reported that more than 1,000 IRS employees got more than $1 million in bonuses despite the fact that they were behind in their taxes.

What’s not to love? Arguably the most unpopular federal agency caught with its 1040s down. And on April 15 no less! Oh, the humanity!

Federal News Radio reported the story and on Friday, not wishing to miss the pile-on, I got in on it too.

So what does a long-time, long-suffering IRS insider think of the “scandal”?

This is so lame. Yes, I cannot argue the facts about the award money, but nobody looks into this further. A lot of these problem employees probably owed and were on installment agreements and/or owed after April 15 and fully paid it shortly after that deadline or are paying it off as we speak, which is more than I can say about many of my fellow Americans. They are off paying thousands to “save pennies on the dollar.” They’d rather not pay their taxes to the USA but pay someone else to finagle a deal for them. If you don’t pay your taxes for your state, city or whatever, you will be fired. Many of these situations if looked into show that these tax problem employees are on an installment agreement or fully paid their taxes. I talked to a union rep who says many of these situations crop up if you owe as little as $8.00!

We are always beaten up and get beat up more by just reporting part of the story. In my 27 years I’ve had to file a city’s tax return because I was there for a week for training, and that city had an income tax. I just don’t understand it, there’s a whole bunch of tax-owing noncompliant congressmen and senators who get elected with special-interest money and nobody says boo about them. They say this paying out awards to employees who owed challenges IRS’ integrity to collect taxes. Let me just say this. I owed this year and issued a check and fully paid before 4/15/2014 (and I didn’t get an award). Does the fact I owed compromise my integrity to collect taxes? Yes, I have no problem being held to a higher standard but there are situations even IRS people are unfamiliar with and they are surprised with a tax bill. Just like any other American. They have rights … So we shouldn’t? This is going the same way the 1998 Senate hearings when a couple of taxpayers vilified the IRS for doing our job. Did you know we were completely absolved of any wrong doing! NOBODY WROTE ABOUT THAT! Laws were changed and essentially handcuff IRS from collecting taxes. I’m sick and tired of the press just reporting the story and leaving us fodder for Congress and others to exact unreasonable punishments when the whole story is not known. This is another reason I’m retiring soon. This kind of stuff just makes me sick. — Mr. T

Financial Literacy

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NEARLY USELESS FACTOID

Compiled by Jack Moore

The action film Red Dawn, released in August 1984 and starring Patrick Swayze and Charlie Sheen, was the first movie to receive a PG-13 rating.

(Source: Business insider)

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