Long story short, my brother in law who is 24 called the other day and asked me to look at his taxes. He said he got a certified letter stating he owes $740 from a tax year 6 years ago. I went to see him today and look at this letter.
This shit is nuts. He got a credit card when he was 18 and didnt pay it. Whatever, should have paid it but I know what happened to him personally at the end of that year which I dont care to discuss nor does it really matter. Point is he let the account go to collections. He hasnt heard anything of it until last week when he gets this letter from the IRS. It states that since he didnt pay the credit card off, they are charging him as if it was "unreported income" with all the fines and fee's one would expect.
6 fucking years later the IRS is taxing him on a privately held bad debt. IMO, this is some of the US Governments fucking business. To make it more aggravating, they are charging tax on the entire amount charged off. His actual credit line was only a fraction of the debt because the credit card company basically doubled the amount with fees and late charges. How the fuck does the IRS figure that a " late charge and fee" creates income that should be taxed.
The stupid assholes wonder why people hate them and go ape shit. I have no problem with someone being asked to pay a fair share but this is plain evil. After 6 years just toss this shit at someone. Screw the IRS and all their partying stupid asses. They need my brothers few bucks to have another party. Bunch of asshole no it all nerds.
Meanwhile...until he can take time out of work to go hire and accountant and square it away...then save money to pay it...the late fee keeps piling up.
I am starting to think it is pointless to try and get ahead in this country. Better off not working at all and being PAID to sit on your ass and not worry about getting screwed by others.
Hey... knock a self a pro, Slick! That gray matter backlot perform us DOWN, I take TCB-in', man! Hey, you know what they say: See a broad to get dat booty yak 'em... leg 'er down a smack 'em yak 'em! COL' got to be! Y'know? Sheeeet.