|
| |
A Primer In Executive Compensation In Not-For-Profits Upper Saddle River, N.J. July 19, 2005 - A tremendous amount has been written about Executive Compensation, and lately, most of this information has been extremely unflattering. Much of the criticism has resulted from the gross excesses, ...
Chinese Business Culture and Etiquette Chinese business culture and etiquetteThe Chinese business practice is vastly different from the Western method that most of us may be used to. Of course, with the Chinese economy opening up, China's joining of WTO and the Olympics in 2008, many Chinese ...
Managing the Human Resource Project We obtain strategic results by aligning HR mission, vision and values. The following overview highlights a macro approach to project management. Seeking a stretch assignment, such as ownership of a major corporate HR initiative, we lead our ...
|
|
|
|
| |
Fear is the main weapon of the IRS. Just ask anyone with an Internal Revenue Service Revenue Officer breathing down their neck. As many of you know, a threat is much more powerful than the execution of the same threat. If you have kids, you know how that works. Don't threaten them, it won't work when you have to follow through. Same with the boys and girls at the IRS.
With the boys and girls at the IRS, as I affectionately call them, fear has to be used as they often can't or won't execute. Even though the Internal Revenue Service has a lot of power, the power of the IRS is perceived to be much greater than it is in reality. To be perfectly frank, Homeland Security and the Bush Administration worry me much more than the IRS in terms of denial of due process and just plain abuse of citizens and residents.
Take for example the threat of prosecution by the Internal Revenue Service. The hingepin of IRS Power is the abiltiy to take you to the slammer. They are extremely successful in their prosecutions with 84% of convicted tax cheats going to prison. So if the IRS decides you are going to prison, you probably are. Wait though, that's not the whole story. The IRS statistics reflect that only about 4000 investigations are done each year. World wide. In the Universe. Totally. Give me a break. I could find that many people with multiple years of unfiled returns and large unpaid tax bills in my files probably.
So what's the deal here? We have approximately 92,000 permanent IRS employees, and God only knows how many lawyers in Treasury and the US Attorney's office. The Government managed to put 1,777 people in jail, halfway house, or home detention (basically time-out) on IRS Criminal Investigations in FY 2004.
That's about one conviction for every 50 employees or so.
So how close do you think you are to the perp walk, the plastic handcuffs, club Fed?
About the Author Randy is an IRS Enrolled Agent, CPA and owner of http://www.irstaxfix.com
|
|
|
|
|
|
 |
Federal government to cut air pollution monitoring teamMontreal GazetteOTTAWA — The federal government plans to break up a team of Environment Canada smokestack specialists that played a key role working with enforcement officers and industry to crack down on toxic pollution, a Postmedia News investigation has revealed.and more » |
|