 Are daycare centers required to provide a year end statement of your account paid? |
| I'm pretty sure they are required to provide their Tax ID number, but the daycare owner refuses to give us a statement of what we paid. I'm sure we can look back at our cancelled checks, ... |
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 What happens when two people file the same kid on their tax return? |
| I know these two people who are fighting over who gets to file the kid on their tax returns. What if one of them files first, and the other tries later on? What will happen? Will there be an ... |
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 I have not filed a return for 5 years.? |
| I have no W2's, or any type of proof of income other then my bank statement. I want to come clean with the IRS and pay my back taxes so i can buy a house. lenders want copies of your tax returns ... |
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 Where is it written that Americans are required by law to pay Federal Income Tax? |
Additional Details
And what happens if you don't file a W-2? How can one legally not pay taxes?... |
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 Do I have to file my taxes? |
| I am a full-time senior highschool student. In 2006 I made almost $4000 dollars. I am fully dependent on my parents and I don't owe the IRS they owe me a small refund. Also my W-2 forms are ... |
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 Tipping..................... |
| I have a neighbor that works in a thrift store as a cashier for minimum wage. If her sales for the day top $350, she is given a 10% cash bonus of the overage, but when she receives her paycheck, ... |
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 Cant pay at the time I file......What do I do?? |
| I am going to file my taxes in a couple of days but I owe about $1,500. I can not pay at this time so what steps should I take upon filing my return.... |
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 How can I stop Ex from claiming my son on his taxes. ? |
| It specifically states in the divorce decree that if it is one of the parents turn to claim the child, but they are not current on child support, then the other parent claims the child. My ex is ... |
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 Must my father in law file or pay federal taxes? |
| he is 85 yrs old gets a pension and social security worth about 2300 a month he has not filed since my mothr inlaw died 3 yrs ago can he get in trouble....... |
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 When you but a a second hand car from a dealer,why do they add vat to the price when? |
vat has already been paid on the car when it was new?
and if the same /other dealers sells the the same car again and again ,vat is still charged
RIP OFF Britain !
it seems to me the ... |
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 Why don't we get rid of the SALES TAX and start a good ol income tax. Then the rich will have to pay.? |
| What does a punity sales tax mean to the income of the rich who pay no income tax. (Florida and maybe more? ) Sales taxes really hurt the low and middle income people and mean nothing to the rich. (A... |
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 Has anyone recieved a paper stimulus check?????? |
has anyone recieved a paper stimulus check yet ?
who's info on the IRS web site says it will be mailed on may 16th?
Additional Details
MEGAN Z
i am sorry but you are ... |
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 We used hubby's 401k to payoff house, car and land. Is any of this deductible on income tax? |
| Company merged and decided to withdraw rather than rollover. Knew it would be subject to 10% penalty but thought it was better in long run to pay everything off. Now trying to find ways to reduce ... |
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 When will w2 forms be sent to california? |
| when will w2 forms be sent to california?... |
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 What is the day you are allowed to start filing taxes forr 2008 tax season? |
| I am wondering if you may filing as early as Jan 1 or if you must wait until a certain date, and if you do what is the date. Thank You to all who answer.... |
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glasbyrd23 | My boss owes almost $700,000 to the IRS.He says he has no $ but he just bought a new truck.is this fraud? |
He has also accrued an $80,000 debt to the Franchise Tax Board and $10,000 to the EDD.He has no intention of following through with his financial agreements and has closed his bank accounts to avoid levies and has incorporated his business as an attempt to protect his insurance commissions.So... he has "no money" but just put $8,000 down on a new truck and continues to spend hundreds/thousands every month at gun and jewelry auctions...would this be considered enough info to blow the whistle on him? |
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Ms. Angel..
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IRS is aware he owes, my concern here is how are you getting paid? and are you sure he is reporting the correct information (W2) for you to IRS every year. You could end up thinking the W2 if he is giving you one at the end of the year matches what he is reporting to the IRS.
You could end up with a CP2000 for underreported income.
Watch out and start looking for another job. |
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Judy1
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Yes, but the whistle has already been blown since the IRS knows he owes them. When they get around to following up, or if he has already made an agreement and doesn't live up to it, he can kiss his assets like his guns, jewelry and new truck goodbye. |
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bostonianinmo
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Since the IRS already knows about this, there's no whistle to blow.
Forming a corp won't help him; it's just a waste of money at this point. As an officer of the corp (and probably its principal shareholder), he's personally liable for the taxes. And any taxes owed prior to the formation of the corp will come out of his personal pockets anyway.
I'd be more concerned about YOUR situation though. He's about to be shut down by the IRS and FTB. If I were in your shoes, I'd be polishing my resume and be getting ready to jump ship ASAP.
Hopefully your job responsibilities don't include paying the business' taxes. If they do, YOU can be held personally liable for them as well! (This is no joke. Many a former bookkeeper of a defunct corporation has been held personally liable for the business' taxes when the owners skipped out and could not be located.) Get out of Dodge ASAP! |
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ninasgramma
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My first impression is that you have a potential problem. I base this impression on the fact that you know so much about this person's finances, that you may have some involvement. If you know enough about this, you may find yourself liable for some of the underpayment of business taxes.
This person is probably stashing cash somewhere and laundering money in addition to his tax fraud. If you have knowledge of this as his employee, this is another potential problem for you.
Many a CEO has blamed his underlings for criminal actions initiated by the CEO, and claimed no knowledge.
Disengage yourself from this person immediately to avoid future problems befalling you. In your own best interest, do not report what you know to any taxing authority. |
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v b
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The IRS and the FTB are well aware of this guy, so filing form 3949A won't trigger anything. Incorporating won't save his butt, it just postpones the issue. |
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wartz
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Depending on how sharp the IRS revenue officer who get his case is, he may end up being one of the rare individuals who gets prosecuted for willful failure to pay over withholding taxes. He is stealing from his employees and in the federal justice system the offense is classified the same as embezzlement.
I recommend looking for a new job. |
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acmeraven
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You may luck out here. Go to IRS.GOV and obtain a form 211. This is an application form for the reward paid for information which enablea the IRS to put the glom on tax cheats and people like your boss. If you and I pay taxes then cheats such as your boss get no sympathy from me; their cheating means the taxes for those of us being honest are higher as we have to pay for those who don't. |
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Brianna
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No. The IRS knows about his debt. They truly don't care if you can't show you don't have any money. They'll wait until he owes them a million or two and then they'll pounce. They'll take every single item away from him. They'll come into his home when he isnt' ready and take every single item out of it and sell it at auction.
Every time he buys something like a vehicle, you'll have your social security number uses and the IRS follows that carefully. As for the rest, they won't truly care as they know they'll get it too, eventually.
His insurance commissions won't save him, neither will incorporating his business. The IRS is an institution unto itself and has powers that even our president cannot stop. It's not owned or operated by the USA.
Do you really want to get your name involved and have them take a look at you simply to tell them what they already know? They know he's hiding money and they know how to find it.
His biggest mistake.... not trying to get an attorney and getting it down to very little money and paying it off. Then being able to start fresh and doing things right from here on out. They are now going back over the last 7 years of his returns and finding out how much he really owes... plus that;'s 7 years from the date he was found to be fradulent. They can also continue to follow him for the next few years building their case from the past and the present. He'll be in deep....
The IRS will be happy. |
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Bob F
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Too late to blow the whistle for a reward, but if it was me, I would volunteer everything I know to the IRS. You can send it anonymously if you want. Give as much detail as possible - specific activities, dates, amounts, etc. so they can prosecute him and levy his assets as extensively as possible. If scum like that paid their fair share, the rest of us could pay less. OK, in theory at least! |
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asian_paladin
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it is fraud
but you might want to find another job before you blow the whistle because an employer will not hire a whistle blower.
send an anonymous letter to the IRS and let them investigate. |
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mudbug
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Absolutley. Form 2949-A (not certain of form number 2939?) can be downloaded from www.irs.gov |
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