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 Recently got laid off from a part time temporary position. Am I eligible for severance pay? ?
I get paid hourly with no benefits or any kind or pay vacations or sick leave of any sort. Do I still get severance pay? Or are severances usually only for full-time positions with benefits and all?...


 Do you need to own your home 2yrs or 5yrs to qualify for tax-free capital gains?
My dad sold his home after living there for 20+ years and bought a condo. 6 months later he sold that condo and bought a bigger condo for slightly more money (no capital gains at all with that sale)....


 When som1 ask you to be the inheritance of some guy who died in a foreign country with a fortune? scam or not?
But the thing is you'll have to pay to an attorney to get that fortune. You guys go or stop??...


 We did not receive our stimulus refund check, last name starts with W. Should we be concerned?
We are also unclear as to what we should receive. We filed joint with six children. We received EIC on the children. Our income is approx. $64,000. ANy answers out there?...


 I have 100,000 USD . if i am dead ,how much money can my son get?
...


 Money paid on behalf of me by my employer to cover relocation expenses. How is it taxable?
I moved for my employer in Jan of 07 from IL to NC. At that time. I received a lump sum payment to cover travel and moving expenses along with expenses in relation to the sale of my home in IL.
<...


 I want to know, for filing the income tax do we need to prepare books of accounts and get them audited?

Additional Details
Some one told me that it is only required when your income or earning are more then 10L?...


 Why financial year start from first of april?
...


 Ok to pay bailiffs for council tax?
help plz, i need some advice please, have tried cab before, i owe council tax and my case is supposedly with the bailiffs who i've not had any contact with.

is it ok to pay council ...


 Tax rebate???????
how much are we getting, i have been told for a while that we are getting 600 now someone is telling me its only 300 does anyone know for sure exactly what we will be getting?????...


 Is there a tax deduction if my wife is pregnant?
...


 Would I get a big tax break if my wife stops working?
If I have 1 dependant, how much tax break do I get?...


 Where can i file my taxes with my last pay stub for 2008?
...


 When are those 600 irs checks getting sent?
You know thos tax relief checks when are they getting ...


 Corrupted taxes?
To the government,

i go to school full time and working to pay for my school. Im barely sliding each semester so im limited to extra spendings. Now i owe $500 to federal and $200 for ...


 If my wife has a home business Doesn't she get deductions for expenses?
I looked at the tax calculator and I don't see a box for personal buisness expenses. Will she really get anything back? We spent about 3,000 between gas, supplies,food and etc. Will we see this ...


 I was recently paid some money for the sale of shares, now I am told I was paid in error do I have to repay?
I was entitled the shares with a previous employer, but learned that I would forfeit the shares if employed for less than 3 years. I left after 2.5 years. I was paid for the shares in a buy out and ...


 My friend is leaving UK for good. Can he claim all of his N.I that he has paid to date from inland revenue?
...


 Someone is working in another state under my ssn.....how do i stop this?
IRS called and i owe back income taxes.......I am on disability and do not file taxes......they insist that i have been working in Missouri.....I live in Illinois......what do i do?...


 How long after you got your letter stating when your check would be sent did you recieve your stimulus check?
...



just checking
Is it illegal not to file tax returns?
                     
 




dewkisses02
Rating
No, it's not illegal to not file a tax return. If you don't make more than your personal exemption ($3,300 for 2006), you don't have to file.
Of course, if you have a full time job, more than likely, you'll have to file.


mike1942f
Rating
Yes of course. Technically, if you paid withholding in sufficient amount, you can not be penalized, but the only way to prove that is to file. Failure to pay taxes in full is illegal


MARDUK
Rating
Yes. Its called tax evasion. Thats what they put Al Capone in prison for.


Jeffrey S
Yes, many people have been procecuted for not filing taxes.


Judy1
Rating
If you had enough income to be required to file, then yes, it's illegal not to file.


railroad_joe
YES!!!!!!!!!!!!!!!!!!! If you don't, you will have fines coming out of your Butt and maybe JAIL time or both.


John M
Tax evasion can lead up to 25 years jail time... not a small offense...

Just e-file your return using the top link below to get your return within 24 hours... or use the bottom link if you owe money to see if they can save you money on the money that you owe... they even will help you with back taxes!


momzadork
If you owe then yes, if you're getting money back then they could care less if you file they'll be happy to keep your $$$ and collect the interest.


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