One Tiny Mistake, Has IRS Going After 82-Year-Old Grandma For 2.1 Million 

One Tiny Mistake, Has IRS Going After 82-Year-Old Grandma For 2.1 Million 

Joe Biden’s “legacy” will be making the IRS as big as the Marines and probably as forceful, as well. I don’t know if you’ve ever been audited. I have, and it’s not fun. The IRS will find many interesting ways to collect money, mainly using fees and penalties. It’s astonishing, and also really, really scary. So, thanks to Joe for making that machine even bigger. He says he did it to go after the “billionaires,” but he’s lying. The IRS doesn’t make any money going after “billionaires” because they have a team of lawyers who can fight back. They make their money going after the little guy, who can’t afford a bunch of lawyers… which brings us to this story about an 82-year-old grandmother who the IRS targeted for making one small mistake, and now this woman’s life is a complete and total nightmare.

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Western Journal reported that the Internal Revenue Service is going after an 82-year-old woman for an outrageous $2.1 million in “penalties” because she didn’t use the right form to file her taxes.

The grandmother from the Boston area had spent decades going to her local library and diligently filling out her IRS forms by hand and sending them in. But eventually she made a serious error, though it was one she had no way of knowing that she was making, according to Reason Magazine.

After Monica Toth’s family left Germany in the 1930s to escape Hitler’s fascist empire, they landed in Argentina, where Monica was born in 1940. By age 22, she had moved to the U.S. to start a family. Ultimately, in the 80s she became a naturalized American citizen.

In 1999, Toth’s father left her $4.2 million in a Swiss Bank account. Not being a tax accountant or tax preparer, Monica was not aware of the arcane rule that Americans who own bank accounts in foreign countries must file an annual one-page form known as the Foreign Bank and Financial Accounts report (FBAR). This form basically alerts the federal government to the existence of the bank account and lists the assets therein, the New York Post reported.

Toth had no clue that this form even existed and so, she spent years neglecting to file the form.

Eventually, though, the elderly woman was made aware of the form and in 2010 tried to retroactively file five years’ worth of forms to satisfy the obscure IRS rule.

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According to the Institute for Justice, which has filed a lawsuit against the IRS on Toth’s behalf, the taxing agency went after her hammer and tong, Reason Magazine reported.

Eventually, though, the elderly woman was made aware of the form and in 2010 tried to retroactively file five years’ worth of forms to satisfy the obscure IRS rule.

According to the Institute for Justice, which has filed a lawsuit against the IRS on Toth’s behalf, the taxing agency went after her hammer and tong, Reason Magazine reported.

But the IRS wasn’t done with her, not by a long shot. Instead of realizing Toth’s situation, and giving her the benefit of the doubt, the IRS decided to treat her as if she is an international criminal. They leveled both barrels at her and decided to attempt to confiscate half her wealth as “penalties” for breaking the law.

Still unsatisfied, the agency invoked the neglect of filing the FBARs calling her actions “reckless,” and decided to apply the most stringent punishment for the missed filings. The agency said that federal law allowed them to confiscate half her wealth as a “civil penalty” for not filing the paperwork because they decided that she was somehow trying to deceive the federal government. In Toth’s case, that amounts to a $2.1 million punishment.

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Toth’s legal council maintains that the “civil penalties” is excessive and violates the Eighth Amendment barring excessive fines.

Wow, sure am glad Joe Biden gave the IRS all that money so they can hire MORE people to do THIS to Americans.

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