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Friday, July 2, 2010

From Accounting Web: Collecting unpaid taxes four pennies at a time

The article below is reposted from AccountingWEB, a popular blog related to the accounting profession. It describes a collection effort by the IRS.
Aaron Zeff is the owner of Harv’s Metro Car Wash in Sacramento, California. Imagine his surprise when, one day last March, federal agents showed up at his business demanding payment of an amount owed from tax year 2006.

Just how much did Zeff need to cough up? Four pennies.
Check out the article for the entire story.
Collecting unpaid taxes four pennies at a time AccountingWEB.com

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