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Debit Credit of Life: from the good books of accounts

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Vikrmn: CA Vikram Verma

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“Your group is decades out of compliance with IRS requirements for nonprofits. Everything I've seen from you suggests your nonprofit is a sham. And Butyl and Dowidge doesn't represent sham organizations." I paused, letting this sink in. "Even if you hadn't been trying to kill Reggie from the moment you first contacted my firm, you're still the worst client I've ever had." As I spoke, Richardson simply stood there, processing everything. "How much trouble are we in with the IRS, exactly?" "A lot," I said. "Though it's hard to say exactly how much. Best-case scenario, they'll dissolve your nonprofit." I shrugged. "When that happens, you'll be getting a bill for back taxes you won't be able to pay, given your nonprofit's annual budget. And the worst-case scenario..." John Richardson leaned forward, hanging on my every word. Excellent. "What is the worst-case scenario?" I waited a beat before answering so my next words would have maximum impact. "Worst-case scenario is the IRS finds that you intentionally withheld taxes you owed. You could face time in jail." There. The closest thing to a mic drop any accountant ever got. I leaned in closer, readying myself for the kill. "Unless, of course, you do exactly what I tell you to do." Richardson narrowed his eyes at me. "And what might that be?" Bingo. This was the part I'd been looking forward to the most. The part I'd practiced in a mirror the night before until I'd gotten the ferocity of my expression just right. "What happens next is you are going to leave Reginald Cleaves alone, forever. If you do that, we will pretend we've never heard of you if the IRS ever comes knocking." I trailed off, letting my words hang in the air for dramatic effect. In the entirety of my time as an accountant, I had never once had the opportunity to do anything for dramatic effect. I could all but feel Reggie looking on, beaming with pride. "If you continue to harass Reggie, however, I tell the IRS everything I know.”

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