Knew a guy who had never got a SS#, never paid taxes, was just invisible. He had bought and sold equipment, did repairs, etc. Was about 65, had been doing it his entire life.
His mother was getting up in years, and wanted to give him the real estate. He couldn't figure out any way to do it without a SS#, so hired a big time tax atty to work it out with IRS.
IRS tried its darndest to get info: "Please submit your records" "Don't have any" "Well, submit what you have" "Never have had any- always just operated out of my pocket- when I had money, I could buy stuff. When I didn't, I couldn't, so concentrated on fixing other people's stuff, until I had some operatin' captal again."
After much sighing and gnashing of teeth, IRS made an offer- he pays $20,000 in settlement of all back taxes and issues, gets a SS#, and promises to be a good boy for the duration. His atty, bless his heart, chimes right in with "Let my client and I discuss this".
They go to a little conference room, and atty says "Whattya think?" Client says, "He11, I thought 20 grand would just be the down payment. I've got that in my pocket. Lets just pay them and have it over with." Atty smiles and says, "We don't want them to think they're leaving a bunch on the table. Lets 'reluctantly' agree, ask for a year payment program. Then everybody feels good."
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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