 What happens if u did ur taxes a few days late?? |
| my W2's were lost and i finished doin them online today... but my friend told me dat they finished yesterday... so what happens since it wuz a day late??... |
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 I have started being self employed in Nov 07, after working for a company, when do I pay tax? |
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As a part-qualified accountant I should know, but want to check as I know that the penalties are harsh. I was under the impression that in the first year you don'... |
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 Do I have to pay taxes I get money from credit card checks? |
| I cash checks from credit cards that I use and place into my free checking account. Since the money is placed into the free checking account, I do not earn any interest, but I pay interest to the ... |
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 Who got screwed on theTax Rebate Check? i know i did? |
| im an american citizen born and raised but my wife is not had to get a ITIN number to do my taxes i even called the IRS to confirm i was doing everything right. so i file my taxes mailed them out on ... |
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 How do you feel about council tax? |
i live in a tiny flat and mine is over a £1000 this year do you feel the services we get are worth it im in the uk south east area
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thankyou to who ever deleted ... |
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 Filing status? |
| I have been married for only 4 months in 2007, (date August 31, 2007). My new husband did not earn over $1,000 for the year, and will not file. what filing status can I use as I want to take the ... |
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 I only made $3612.02 last year? |
I don't think I will get much back in taxes, but I don't want to spend 50 bucks on the tax guy. can I do this myself? I have no detuctions? thanks for your help.
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 What's thepoint of small taxcuts if we have topay much more for fuel&electricity costs & a bigwar debt later? |
| File TWH 07142006 :spot crude hit 78$/bbl overnight and stock market is crashing while Bush43 at summit focused on foreign policy issues ignoring all the pressing domestic issues at home--esp the ... |
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| Is this a normal about to loose out of my paycheck? |
| I'm under 18 and only work at this company for 2 months out of the year, because i'm still in school. I get payed at the end of every week and the checks are constantly around 300. I am ... |
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 Do you have to pay tax on second job at the age of 16? |
| Well im 16 and i was wondering if i get another job, whether i would be taxed or not. Im in full time education if that makes any difference.... |
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| Can I add a "Paid in Full" statement to my check to the IRS? |
| I am so sick of paying off my back taxes, particularly since I know my money is helping to continue the obscene war in Iraq. [It's also frustrating what their liens are doing to my credit ... |
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| When you have a debt,do you have to report it to the IRS? |
My Friend own $1,167.00
Now she's wonders is she has to report that debt to the IRS?
Please i really wanna help her.
Thanks to all of you!
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Ok i got ... |
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 If my parents claim me!!? |
Does it mean there taking half of my money...
i already did my income is there any way to fix it..
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i am 19 and i pay bills at home too..... |
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 W-2 Form USA? |
| when filing a W-2 form, in order to recieve more money on your check, should you claim more or less dependents?... |
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Kalifornia King Kobra | If you owe the IRS 20k will they investigate if you pay them in cash? |
If you have not payed taxes in 5 years and owe 20k to the IRS and you walked with 20k in cash. Will they accept the payment with no questions ask or will they investigate where the money came from. If so how can I pay them. |
 |
 
wartz
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IRS will send you a bill for each year. If you pay it no questions will be asked. Paying with huge amounts of cash is intrepreted as you want to irritate them. If you came in with a bucket full of pennies, you would be told they don't have to accept that much change or go roll them. A check would be preferred. |
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Judy1
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If you walk in with $20K cash, odds are that it will pique somebody's curiousity enough that they'll check into it. |
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Dave T
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The IRS does and will accept cash. But it really is not a good idea. With cash you have no proof that you paid. I recommend that you get a bank check or a money order of you do not have your own checking account.
Yes, the IRS could investigate if you paid your tax debt with cash and even if you pay with a check or money order. If your return show that you do not have the ability to have that kind of money the IRS will look to see where the money came from. |
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Charles G
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They would try to convince you like anything to get a cashier's check or money order, may even offer to drive you to the cheapest currency exchange. Cash is a big hassle.
BUT.......
They are required to take cash, if they can't talk you out of it. And required to give you a receipt. |
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scullycj
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I dont think they accept cash. I'd get a Bank check.. But leagly they can not refuse cash... I dont know... |
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chatsplas
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IRS doesn't care, though they prefer checks to cash
any one transaction in cash more than $10,000 has to be tracked
however IRS cares that you declare your income (legal or not) and pay your taxes upon such income, not the source of your income
ASK Al Capone--he was jailed not for gun running or running speakeasies or running in Canadian booze or murder, but for tax evasion |
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blcohen529
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Dear Kal,
Please stop smoking when you get on line....OF COURSE, they will question the source of your cash. AND IF YOU ARE LUCKY THEY WILL NOT REVIEW THE $20,000 YOU CLAIM IS THE DEBT DUE.
Pay them through an accountant or attorney. Bring your money in three increments of about $7,000 over the course of a month. See it is deposited into a client trust account. Have them submit your payment on a client trust account check.....
Future conversations with the IRS should only be conducted through the attorney or accountant to minimize criminal fraud, perjury or interference with government investigation complaints.
Good Luck |
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Shana Gail
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If ALL you money is under the table then you are probably fine, but . . . .any employer will send a list of the employees nd the amount of income paid even if it is on a 1099
But I guess I am confused by the "walked away with 20k". Are you saying that you didn't pay taxes for on a large sum?
Anyhow, I am sure they will contact you soon enough. It takes the IRS 4-5 years to catch up with tax evasion.
Did you file your taxes and just not pay or did you just not file? If receivedeved a lump sum of 20k then who ever gave it to you sent the government a 1099. Even a bank if there was a payout to a friend will send the IRS a notification that an amount of 10k or more was paid out.
They might audit you, they might not. You can call your local IRS agent.
Don't try to hide. I promise they will catch it eventually. I did taxes for many years and saw many clients get notifications on issues much smaller than yours.
http://www.irs.gov/localcontacts/index.html |
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Maggie
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It's a pretty sure thing that if they get their money they won't investigate where the money came. Really how could they it's absolutely none of their business where the money came from. There's nothing illegal about payin them in cash and they probably love it right? Well maybe not cause they don't have a balance to keep racking up interest charges on. Ahh, where did the money come from by the way??? ?
Shana - I think you are a little confused, he meant walked into the IRS with 20,000.
BJcohen - If the 20,000 came from a car accident settlement there's nothing the IRS can say, isn't taxable income. Are you a tax preparer?? |
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tomb
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My girlfriend owes $24K in back taxes and files each year. She makes over $150K yet does not own a home. I keep telling her it is bad to avoid the letters sent. Can you please explain what the result will be so she reaches out to them now. |
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