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RE: Oct 15 final 2017 tax deadline: Share your tax horror story with BlockTrades

in #blocktrades6 years ago (edited)

My Horror Tax Story

@blocktrades I can only imagine the nightmare you guys went through in the hands of the IRS. Anyways, I am happy that the nightmare is now over and you guys had a witty accountant @cryptotax who expertly arranged your books.

For me, my horrible tax experience occurred nearly two years ago when I needed to surety a friend who was in police custody. As a precondition for my friend's bail, the court had requested an employee who own a real estate and had consistently paid an income tax for at least four years.

Fortunately, I met the criteria and was glad that my friend would soon get his bail. However, when I went to the IRS office in my district in Nigeria to get a tax clearance certificate, I got the shock of my life. The officers there told me that my organization had not remitted any tax in my name in the past six months. I was dumbfounded, to say the least.

On the next day, I took my case to my company's HR. That was when we discovered that some fraudsters in the accounting department were siphoning some income taxes by not remitting them to the IRS. Immediately, the fraudsters were arrested and they were made to refund all the monies they had stolen. Afterwards, my income tax account was funded and I was able to secure my friend's bail.

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That definitely qualifies as a scary story, glad it worked out ok in the end!

Thanks for considering my story and for the big upvotes. I am grateful.