Post #3213 by Lapsody on the US Policy board

Halls of Shrewd'm / US Policy

Unthreaded | Threaded | Whole Thread (29)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 2

the IRS claims that he had under-reported his income and failed to make them aware of his millions of dollars of revenue.

One of the odd things here was ATF was actually advising the owner of the store on the warrant and told the owner of the store not to turn over Forms 4473. So the IRS talked with the ATF and after some discussion, the ATF told the owner to turn the Forms over. There's transactional info on the form, but no money info.

So they are looking to see if transactions are recorded, and how. So if you have a rifle sn# that goes into inventory, where does it leave inventory? Lots of room for speculation here. When 20 special agents show up in full battle rattle, you have to ask yourself what's going on.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (29)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.