Imagine my surprise when I got an audit notice from the IRS that I owed over $700,000 in back taxes and penalties. So, I called the agent on the notice and try to find out why I owed all this money. It had to be some sort of mistake. This was 2004.
It wasn’t, according to the agent. You see, I earned $1,106,125.00 from a barter company called Intagio. At least, that is what the 1099-B form said. But, I said, I didn’t earn this much and I wanted proof.
Eight years ago, I traded some furniture through Intagio for some services. The total amount was a little over $70,000.
So, about six weeks later, I got this pile of paper in the mail from the IRS with all kinds of transactions sent by a rogue computer at Intagio. They weren’t right and I contacted Intagio to get this corrected, and they did shortly thereafter. This was 2005.
It took me nearly two years and several visits to a local IRS office to convince them my position was correct. I went through levies and threats and all the stuff the IRS does. Finally, I sat down with one person who got it all settled, or so I thought. This was 2007.
About two months ago, I got a notice that I owed $28,000 for back taxes and penalties related to a 2001 return. Again, I went through the process of finding what this was all about.
I just received a packet in the mail. And there it is, $1,106,125.00 on a line on the form in the income column.
Here we go again. This is 2009.