Tax Update Blog: Permalink

« Previous · Tax Update Blog Home · Next »

Handling an IRS exam: it's better to hire a CPA than a biker

December 22, 2008

A Florida construction company owner took an unusual approach to handling his IRS exam:

A Florida man has been convicted of hiring a hit man to murder an Internal Revenue Service employee who was auditing his taxes.

The hit man was actually an undercover FBI agent, who called himself "Reaper," and was posing as a member of a motorcycle gang. The 6-foot, 4-inch agent wore a goatee and claimed to be a member of the Outlaws gang. Construction company owner Randy Nowak, 49, of Mulberry, Fla., paid the undercover agent $10,000 and planned to pay another $10,000 after the IRS agent, Christine Brandt, was eliminated.

Nice move. The story says that Mr. Nowak feared the agent would dig up his foreign bank accounts. I suspect the penalties for trying to murder a federal agent will dwarf anything he would have gotten for having unreported bank accounts. When he leaves prison as an old man, Mr. Nowak may want to get to know a good tax preparer to handle any future IRS exams.

Prior Coverage: How Not to Respond to an IRS Exam

UPDATE: The TaxProf has a roundup.

      Bookmark: del.icio.us • Digg • reddit