Does the IRS Negotiate?
Reporting back, the bad news is the woman at the local IRS office said she couldn’t do anything about the penalties (yeah right) but the much, much better news is that she caught an easily fixable issue with their calculations (they were missing a cost basis on some securities sales) so we should owe much less in the way of taxes (I’m still going to try to get out of the penalties, tho). In other news, I have a bone to pick with the financial institution that failed to transfer the cost basis from the institution from which it received the securities transfer… grr…
