Word: carmine
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...most notorious IRS foul-ups occurred last July, when the agency seized $70.76 in a bank account belonging to nine-year-old Carmin Fisher of Junction City, Ore. The Government was trying to collect part of a delinquent $21,182 bill owed by Carmin's grandfather Charles Fisher. Only after the case got nationwide attention did the IRS back down and return the money, saying it had mistakenly assumed that Carmin's grandmother, who was listed as guardian, owned the account...
...case might have surprised even Benjamin Franklin, who said that "in this world nothing is certain but death and taxes."Last week nine-year-old Carmin Fisher of Junction City, Ore., found out that the Internal Revenue Service had seized the $70.76 in her account at a local bank. Her grandmother Bettye Fisher received a bank statement indicating that the IRS had taken the girl's money as partial payment for a delinquent tax bill of $21,182 owed by her grandfather Charles Fisher. Since the age of two, Carmin had been putting pennies into a coffee can labeled with...
When a local newspaper publicized the story, area residents collected enough pennies to refill her can and then some. But the same day, the IRS returned the money, saying the seizure was a mistake, probably caused by the agency's assumption that the grandmother, who was listed as Carmin's guardian, held the account. "The IRS is satisfied that money does not belong to the taxpayer that owes the Government money," said an agency spokesman. Carmin, meanwhile, celebrated the news, and escaped the summer heat, by frolicking in the cool spray of a garden hose...