Friday, February 13, 2015

From the wild kaleidoscope of tax news

Gee, what can they be up to now, in their Queen of Hearts way?

http://apnews.myway.com/article/20150211/us--irs-seizing_assets-69feacb68c.html
IRS apologizes for seizing bank accounts of small businesses 
The IRS said it is changing its policies and apologizing for seizing banks accounts from otherwise law-abiding business owners simply because they structured bank transactions to avoid federal reporting requirements. 

Only time will tell whether this is a sincere change of heart or a flash in the pan. 

IRS apologizes? Why is it that I simply can't get my head around that concept? I really want to, Please me know if any of you manage it.

This doesn't look at all like satire.   

/\/.\/\/.

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