El Rushbo Reports Error to the IRS

RUSH: You won’t believe this. I got home yesterday afternoon and as such I go through the mail. And I hate going through the mail ’cause it’s nothing but bills, and the stack grows and grows and grows and I pay ’em and all this sort of stuff. But I go through ’em, and there’s this letter from the IRS. I said, ‘Oh, no, here it comes, the Obama audit shakedown.’ I looked at the envelope, and I said, ‘Do I open it?’ Yeah, I gotta open it, or should I just not open it and send it to the accountant. I opened it. It’s not an audit. They claim that I overpaid by a significant sum in 2007. I mean a significant sum. They claim that I overpaid, I mean, we’re talking seven figures. And I looked at it and I said, ‘It’s not possible. They have screwed up.’

So I scanned it, made a PDF copy, I sent it to the accountant. The accountant looks at it, gets back to me in a couple hours, ‘They’ve made a mistake here, they have credited a quarterly estimate payment,’ and the claim that I had overpaid was exactly equal to an estimated payment that I had made in 2007 that they credited to 2009 somehow, I don’t know. No, I’m not going to get a refund, but if I hadn’t said anything I would. If I hadn’t said anything, I would. I don’t know if it’s a setup or not, but, you know, honesty is honesty, and eventually they would have found their error, and they woulda just wanted it back with interest. This is three years old and they were not offering any interest on it, this is an overpayment. They said look for your refund in four to eight weeks. So the accountant says, ‘If you get a check, don’t deposit it, I’m going to call these people and we’re going to straighten it out. If their records are correct and somehow we screwed up, fine and dandy, but I don’t think so, I think it’s their error.’ So we’re going to point out to the IRS that they made an error in my favor and we’re telling them, ‘No, we don’t deserve the money, I did not overpay, you screwed up.’

Now, I’m wondering if this will buy me any goodwill when the eventual Obama shakedown audit comes. I asked my accountant. He said, ‘Are you kidding? You think you can buy any goodwill?’ (laughing) Now, he didn’t say it’s a setup. Snerdley thinks it’s a setup. I don’t think it’s a setup. I think they actually goofed up. I looked at it, this does not happen. Three years it took ’em to find this. Just does not happen.