IRS says Microsoft owes an additional $29B in back taxes

Re:IRS says Microsoft owes an additional $29B in back taxes by HWR_14 on Wednesday October 11, 2023 @06:10PM (#37850950)

The IRS will let you know what they think you owe. They will tell you why. And, AFAIK, tends to waive fines if the mistake was honest and quickly corrected.

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Re:IRS says Microsoft owes an additional $29B in back taxes by jaybeavers on Wednesday October 11, 2023 @08:23PM (#37852083)

This was my experience too. While it takes a good long while to get resolved, because my mistakes were accidental and I talked it through and followed the process, I was dealt with politely and given grace.

All in all a scary but good experience.

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Re:IRS says Microsoft owes an additional $29B in back taxes by wkat4242 on Wednesday October 11, 2023 @08:40PM (#37852176)

Wow that's nice. In Holland the government always assumes you did it on purpose even though usually that isn't actually the case.

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