Thursday, 29 January 2009

Linkage

Your tax problems, solved

(Well, probably not yours.  Who do you think you are- some politician?)
Ask The Tax Guys:
Dear Tax Guys:
I've had a lot on my mind lately, and when I was going through some old receipt boxes in my filing cabinet I suddenly realized I haven't paid my income taxes for the past 8 years. Am I in trouble? Please help!
Forgetful in Fort Worth

Dear Forgetful:
Here at the IRS, we realize that many well-meaning taxpayers like you can be distracted by various family illnesses, baseball pennant races, political campaigns, and so on. The rules for late filing can be surprisingly flexible if you have the right qualifying circumstances.  According to IRS guidelines, you are eligible for the 306(b)(19) “I Forgot” amnesty if the following applies:
(1) Your total adjusted gross income in the “I Forgot” years was equal to or greater than $8,528,000; and
(2) You are a nominee to head a cabinet-level federal agency...
But Wait, There’s More:
All U.S. taxpayers would enjoy the same immunity from IRS penalties and interest as House Ways and Means Chairman Charles Rangel (D-NY) and Obama Administration Treasury Secretary Timothy Geithner, if a bill introduced today by Congressman John Carter (R-TX) becomes law.

Carter, a former longtime Texas judge, today introduced the Rangel Rule Act of 2009, HR 735, which would prohibit the Internal Revenue Service from charging penalties and interest on back taxes against U.S. citizens. Under the proposed law, any taxpayer who wrote “Rangel Rule” on their return when paying back taxes would be immune from penalties and interest.

Disclaimer: This information has been provided for entertainment purposes only, and should not be relied upon when preparing or filing your taxes.  Neither Old Grouch, mee.nu, the internet, nor the Republican party assume any responsibility for any consequences of actions taken, or not taken, based on the aforementioned information.  I am not anyone’s lawyer, and this is not legal advice.  Persons having tax questions are advised to consult their attorney, accountant, tax expert, or Democratic precinct committeeperson.  Your mileage may vary.  Void where prohibited.  Have a nice day.

(“Rangel Rule,” HT NRO.)

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