My coworker and her husband recently learned today that they underpaid the IRS (federal income taxes) by $2000 from taxes 3 years old. And yes they have the right to audit a taxpayer up to 5 or 7 years. And they owe this money less the a month from now.
My coworker is in college studying to improve her income with another occupation. She does not have $2000 to just hand over to the government. And a tax preparation company did their taxes so my coworker believes the tax prep company should pay this money. She is ready to fight it out with her lawyer she has used many times from problems with former lovers in their lives.
I guess the lesson here is read what you sign. My brother does my taxes for free. One year I got a notice from the state about not paying enough taxes, about 8 months after I paid them, because my brother forgot to figure in the school tax. Though my bill was near $30 so my brother received a small tongue lashing. Though from that bad experience I make him explain everything on the forms I'm signing my name to. He doesn't place his name on it. Post later. Bye!
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