Kenshin
 |
1) get his W-2, 1099 together and set it aside by the year
2) If he owns a home get the mortgage interest, property tax receipt and receipt of donation to non profit agency and set it aside by the year
3) Now here is the question, do he want to do his own return or do he want to get a professional to do his tax return for him. If he want to try to do his own tax then go to the IRS web sit and down load the tax return for 2005 to 2001 at http://www.irs.gov/formspubs/index.html?portlet=3
4) Note that out of 50 states 41 has some kind of state income tax. he may have to file state income tax too.
5) Is he self employed or retired, Reason why it is important is that if he work or a company, he has tax withheld for him so he may not owed too much. If he is self employed and should be making estimated tax payment most likely he fail to do that and will be fine an interest billing. |
|
michael m
|
He should file as soon as possible as the money he owes is collecting interest.Sometimes you can make a deal with I.R.S and have the amount that he owes reduced.But for his sake do it now,they are not very forgiving. |
|
confusedpatricia
 |
* The IRS and State Collection Divisions can and will levy bank accounts, garnish wages and seize assets.
* Just because the IRS letters stopped showing up in your mailbox, does not mean that you’re off the hook.
* The problem is not going to go away on its own. Letting time pass without taking action will only make it worse.
* Dealing with a tax issue can be overwhelming. You don’t have to go through it alone. Let the experts at Omni Financial guide you through the process so you can go back to living your life with complete confidence. |
|
wjvv
|
It is not a crime to owe the IRS money. It is a crime not to file. |
|
educated guess
|
You need to file a tax return for each year. Send them to IRS in seperate envelopes.
They will start sending "statements" of what they have figured out. In about 2 months, you will get a final bill-for the total of all of the years(they will make adjustments).
When it is all said and done, inside your final statement are two documents. One says you will pay it all now. The other says you want to make a payment arrangement.
Whatever arrangement you make, you have to stick to it. |
|
Sky
 |
file for taxes, and then set up a payment plan with the IRS if he owes anything. |
|
ruthncls
|
Get a lawyer! |
|
misslabeled
|
Bend over and kiss his wallet goodbye. Not filing doesn't make you stop owing. And it's just going to get worse for each month that goes by. |
|
johnnylakis
|
If he is illegal alien he only has to pay tax on 3 of the 5 years. No I am not kidding. |
|
daoco
|
He needs professional help. Contact an Enrolled Agent or CPA with experience in representation. |
|
manic
 |
He should flee the country. Or go to jail. |
|
riloh keen
|
turn himself in, and do his time in jail for tax evasion and get it over with. |
|
doanel
 |
Get fitted for prison garb. |
|
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
