 Where's my stimulus payment? |
https://sa1.www4.irs.gov
This is the link to the IRS website where you can check to see if they have processed your payment yet. Anybody ... |
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 Where is my stimulus check? |
| THIS IS IN REGARDS TO THE STIMULUS CHECK. I AM ELIGBILE, I DIRECT DEPOSITED MY FEDERAL RETURNS AND MY LAST 2 DIGITS ARE 12. FROM WHAT I HEARD, ON THE NEWS AND ON-LINE, THE CHECK TRANSMITALLS SHOULD ... |
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 Has anyone gotten there paper stimulus rebate check? |
The tool says it will be issued on May 16th, and hotline says it will be sent out on May 16th. Has anyone been in his same boat and actually received there paper check the nex week?
Additional D... |
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 Should I be taxed? |
| Im working my first job, im on a weekly wage of £185, however, someone told me that the first £5000 (or a figure similar to this) you earn is untaxed, i shall only be working in this job for 6 ... |
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 How many allowances should i claim on my W2? |
I am currently claiming 2 allowances, and i ended up oweing the IRS about 200+ dollars. I make about 13,000.. how many allowances should i claim?
Additional Details
I am single, no kids, ... |
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 Is it okay to file my taxes now? |
| My dad said to wait until Feb 1 because they are changing tax laws, is this true??... |
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| Is my boss ripping me off? Is this normal? |
| In Australia its illegal to pay employees with cash. Lots of people do it however, its not such a big deal. I was of the opinion the advantage of being payed in cash is that you don't have to ... |
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 Benefits at 16? |
| At 16 what benefits am i entitled to?... |
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 What are the tax advantages I'll receive for buying a home this year? |
| My closing date is Dec. 28th. Will I receive any tax benefits when I file this year? If I have to wait until next year, what benefits will I receive then, besides the interest being tax deductible?... |
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 Has anyone actually gotten their Tax Rebate yet? Mine supposedly scheduled today...but nothing yet.? |
| I understand the schedule provided by the IRS, but to my understanding, if you chose DD, and your SS# digits fell within the range, then there were specific dates to receive your money. I'm ... |
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 What does PAYE mean? |
Ok - starting a new job tomorrow (first in 12 yrs!) This might seem like im clueless but can someone explain to me what PAYE means?
Im classed as a casual worker - only doing 20 hrs for 4 weeks (... |
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 I know of someone in my family that is cheating the IRS. I am so tempted to report this person.? |
| The true honest reason for wanting to report them is beacause they are very boustful as to their financial "status"... |
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lovemyboys | What can happend to a person that is self-emplyed and has not filled taxes in 4 years? |
My friend received a letter for the IRS where he needed to contact their office. He has not filed in 4 years. What will happend to him if he contacts? If he does not contact them what will happen to him? |
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gurux33
|
If he doesn't contact them, they will eventually find him anyway.
He will owe back taxes for the past 4 years, plus late fees, penalties and interest.
If he cooperates the IRS can help him work out a payment plan to pay back the taxes or he can pay it back at once.
By contacting the IRS he may have a better chance of working something out to pay back what he owes, and they will be less patient if they have to track him down.
They also can sell the tax debt to a collection agency and eventually it can go to court. His wages could be garnished, bank accounts and assets confiscated etc.
He may also be at risk for jail time for tax evasion, especially if he continues to not pay and tries to avoid the IRS.
If the IRS knows he owes them money, they will get it one way or another. |
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pisces1932
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he will have to give them the money he owes plus interest, and possibly penalties for not paying. if he does not contact them, they will find him and then he will have to pay the money back and go to jail for tax evasion. |
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cctim62
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They can issue a bench warrant and have him arrested for tax evasion. Ask Wesley Snipes! |
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Jss
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If he has received a letter, then he must contact them. If he misses the date, it mean that he agrees to all what IRS claims. They will then send him a bill for the tax due based on their own judgement, which will be much more than what he actually owes the IRS. He will spend rest of his life paying the tax due.
What does the letter say? May be he should contact a local tax professional who has experience in dealing with such case.
About self employed filing, read this http://taxipay.blogspot.com/2008/04/tax-filing-by-self-employed-sole.html |
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adal e
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oh boy somone is in trouble. how could you mass around with uncle sam money. he has been always good to us here in the u.s. we take care of him and he takes care of us. call irs they have good answer for you. |
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Dentist H since 2001
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first an opportunity to pay the IRS, or they will liquidate your possessions and seize control of your bank accounts or jail.
the IRS WILL find you! |
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dickn2000a
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Confiscation of all assets and jail time regardless of what he does now. After 4 years it's too late. |
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PAT, EA in FL
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If he contacts them, they will ask him to file his returns. The talk about jail is ridiculous. At this point, the returns are what they are after. Once the returns are filed, they will begin asking for money, if any is due. For a self-employed person this is likely because, if he had net income, he will have self-employment tax - this is the self-employed person's equivalent of social security and Medicare - but the self-employed person pays both the employee's and the employer's share - so it is about 15% of the net income from self employment. It is possible that there will not be any tax liability - I have worked with self-employed non-filers who ended up with enough business expenses so that there was no or very little net income.
In this sort of situation, because of the leverage involved in the net income from self employment, I would suggest contacting a “Circular 230” practitioner (Enrolled Agent, CPA, or Attorney) who is experienced in both self employed business taxes and taxpayer representation. Circular 230 practitioners may represent the taxpayer before the IRS and will be able to help prepare the returns, deal with the IRS staff, and protect your friend’s rights. The representative will also take measures to assure that your friend gets into compliance and stays there in a much more friendly way than the IRS will.
Enrolled Agents are uniquely qualified to do this as they have either passed an exam given by the IRS or have worked for the IRS as auditors for 5 years or in another capacity for 10 years where they regularly applied the tax code and regulations. They are licensed by the IRS to represent taxpayers but work for the taxpayer.
On the other hand, if your friend was overtly committing tax fraud or doing similar stuff to what Wesley Snipes got himself involved in, jail time is a possibility. It does not sound as if it is to that point in the situation you described.
The seven year thing that someone mentioned is not true. There is no statute of limitations on a return that has not been filed or tax that has not been assessed. Once tax is assessed, the IRS has 10 years to collect it. There is also no statute of limitations on fraud. Fraud is essentially lying to the government. |
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Judy1
 |
They'll want to review his records, and he'll be assessed back taxes plus penalties and interest.
If he ignores it, he'll get another letter from them, eventually certified, and if he continues to ignore it someone will show up on his doorstep. It's NOT a good idea to ignore summons from the IRS - it doesn't go away, and it's just that much worse when they finally DO get to you. |
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texandc2002
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your friend should make an effort to file...they may help. If they help it will cost more than having an accountant do the paperwork. it is likely that a payment arrangement will be worked out. |
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JYogi
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Tell him to get someone who specializes in tax law.
They will put his taxes together and either he will pay them with the penalties OR he will hire the tax lawyer to take it to the next step and ask him to try and negotiate a settlement with the IRS.
Do it now, do not wait too long as if they have to come to you it will cost you a LOT more! |
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proud mother of 2 girls!
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Well if he doesn't contact them he will go to prision for theft from the government. he'll spend alot of time in there too. and if he does contact them which i recommened he will have to pay the taxes for all 4 years. |
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barryjackbarry
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Ive only have fifteen min. before I have to pick up my kids from school, Ill be back , quick tip notify a tax layer |
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♥Love♥
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they will audit him and do the taxes for him, you need to get hi to get together with someone at H&r block and then when he files he can either get a loan and pay like I did or make payments but they charge a lot of interest I got a better loan and got it payed off quickly. He should be taking 25% out his check and sending them anyhow for estimated taxes he's got penalties and all that you can bet he owes a lot now! They will do his taxes for him if he dont and he can get liens filed against him it'll ruin his credit it's not good. |
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daoco
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Have your friend contact an EA or CPA. He should sign a form 2848 and have the tax pro represent him at the meeting. Prepare the returns and have them ready to give the IRS agent preferably with full payment. Don't go to HRB, JH or the other storefront places. You need a pro. |
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Mr GooglyMoogly
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Either 25% of the net tax due for late filing if he did it before the IRS audits him or 75% of the net tax due if they audit him and determine it is fraud. |
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Sonata
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If you contact them they will have you pay all your taxes plus whatever the four years of interest will be. You will want a lawyer that specializes in the tax area to help you out when you decide to contact them.
If you don't contact them you SHOULD start filing taxes and hope they don't contact you in the next seven years (after seven years you cannot be charged with tax fraud). If they do contact you you will probably be hit with a hefty fine or the possibility of jail time (but probably a low security prison, not the "don't drop the soap" prison). |
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Kizz
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He is going to owe a hellllll of a lot of money to them |
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It's cos we, want to.
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oh oh oh .! Atrip to the reaper would be a better option than facing the public sector tax robbers. You don't even get any public service in America as i understand it. |
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IMDaMaN
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google it |
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Aless
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Jail either way. |
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