You have commented 339 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
-Lurid Crime Tales-
IRS mistakenly penalizes Christine O'Donnell a second time
2014-12-26
Placed levy on bank accounts

[WASHINGTONTIMES] Adding to the long-running saga of IRS
...the Internal Revenue Service; that office of the United States government that collects taxes and persecutes the regime's political enemies...
dealings with conservatives, former Senate candidate Christine O'Donnell says the tax agency punished her mistakenly for the second time in five years by imposing an erroneous levy on her bank accounts.

Ms. O'Donnell told The Washington Times that she discovered the levy when she couldn't access her checking account as she was preparing to visit relatives over Thanksgiving.

"The day before I was heading out of town for the Thanksgiving weekend, my bank told me the IRS had frozen my accounts. They didn't give me a reason why, just a phone number to call," Ms. O'Donnell said in an interview this week.

She said she called the Internal Revenue Service and was told the agency had concluded she owed $30,000 in taxes from a 2008 house transaction, which was long ago accounted for on her federal returns. She said she implored the agency to check her tax records and eventually was told the levy was generated in error and her accounts would be freed up.

Although IRS officials removed the levy, they first withdrew all the funds from her account. They said that, too, was in error and the funds would be returned to her. The funds have not been replaced, Ms. O'Donnell said.

Ms. O'Donnell, who writes a column for the online Washington Times Communities, says her only current matter pending with the IRS is that she filed for an extension to pay her 2013 taxes but that the levy had nothing to do with that filing.
Posted by:Fred

#6  Sounds like a BS PR move. Raj knows what he knows.
Posted by: Shipman   2014-12-26 19:31  

#5  If the IRS keeps this up, and she doesn't hire an accountant, she will be making a fashion statement verses a tax statement in 2015.

Posted by: Threreling Spawn of the Slytherins3704   2014-12-26 13:21  

#4  6) It's now December 26, 2014, and the only thing you have w/ the IRS for the 2013 tax year is an 'extension'? You don't file an 'extension' to pay taxes, you file an extension to give you more time to file a return. You do an installment agreement / payment plan to pay past due tax bills. Sheesh...

My conclusions, not mutually exclusive - O'Donnell's handling this tax stuff herself, and doing it poorly; and this reporter needs to get his or her head out of his or her ass and be a lot more accurate with what's been going on. This article generated more questions than it answered.
Posted by: Raj   2014-12-26 12:08  

#3  5) A tax bill / Notice of Assessment would precede 2) and 2A). No mention of that, either.
Posted by: Raj   2014-12-26 11:51  

#2  She writes for the Wash Times and does not have a CPA watching the books ?
Posted by: Besoeker   2014-12-26 11:49  

#1  Something not quite right here:

1) 'house transaction' - gain on the sale of primary / secondary residence is exempt from tax ($250K single / $500K married), unless it's a rental property we're talking about.

2) A Notice of Intent to Levy is supposed to go out 30 days before the levy's enacted at the bank or employer (for a wage levy). No mention of that here.

2A) That does not mean the IRS won't levy - they'll do it anyways. I had an IRS guy do this to a client; I told the hack that the levy's void (not voidable, void) w/o that 30 day notice.

3) Where's her tax guy / lawyer in all this? The more complicated your return, the more likely need for pro representation.

4) 'Accounts'? That part is NOT a mistake.

I'll bet this is deliberate.
Posted by: Raj   2014-12-26 11:46  

00:00