A most interesting perspective on the IRS. Inaccurate, but fascinating nonetheless.
As a former IRS employee, as well as having previously owned a tax firm, I would posit first of all that the IRS is first and foremost a collection agency with both endless resources and significant confiscatory strength. It also benefits from being remarkably free from the usual constraints of the rule of law. As an entity it cares little if businesses survive or fail. Will it work with delinquent taxpayers? Yes. Easily? That all depends on circumstances, the individual examiner(s) involved, and a host of other items. In general, however, the answer is 'no'.
For MRIB the tax delinquency is further exacerbated due to it's being a payroll liability. The IRS views payroll withholding and timely payment thereof as a fiduciary responsibility. The institution is much harder on these delinquencies than many others. I know this because it is the area in which I specialized for three very very long years.
MRIB's failure to pay timely is not a startup issue - it's a past delinquency that could be escalated at any time - the slightest failure to make an arranged payment could spell serious and immediate consequences of a most unpleasant nature. I fail to understand the cavalier approach prevalent on the board regarding this issue.
When the wolf comes to the door there is no warning - just liquidation and confiscation of resources.
I stay invested in MRIB - but understand that this item could, if further mishandled, could render all these amazing successes irrelevant in seconds.
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