 How long does it take for the tax office to sort out your details so as not to have to pay emergency tax? |
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emergency tax is when you pay extra tax becauce the tax office has,nt processed you N I details by the time you recieve your wages. (I think, please correct me if I ... |
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 My employer has been paying us with a check and not deducting any taxes, what are the consequences ? |
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There are 3 of us working for this guy for over a year. what happens if he gets reported ?... |
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 If i got married in August 2006 can I file jointly for the 2006 tax year.? |
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If yes, do you file married for the whole year, or just the part we were married?... |
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 The best person to help with my taxes? |
| I havent filed for a few years and i know i owe back taxes(the job i have doesnt take taxes out)Anyway I know its wrong and all that thats why im trying to do something about it but im not sure who ... |
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 I have two part-time jobs which gross £4k pa - why do I pay tax? |
I have a main job (10 hours per week), I don't get taxed on this as It only earns me a max £2886.00 per year gross
I have a second job (7 hours per week), I get taxed 22% BR on this ... |
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 Will i get bush's tax refund or NOT?!?!? |
| I am 18 years old and my parents still claim me (up until im 19) and i made a little under 5000 in 2007. i got a notice in the mail on the bush's tax refund showing a chart to kinda help me ... |
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 I would like tax advice, Do i a LAWYER? |
I haven't filed taxes for about 17 years, I don't have records or any idea what i made, The only w-2 i have is 2006,Do i need a lawyer
and if i owe will they settle for my tax return ... |
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 Does everyone understand the stimilus checks are a loan against you expected tax return for the year? |
| This stimilus deal is not a deal when you figure you're going to have to claim it as monies "earned" so to speak. Those of you who got refunds this year might not for 2008.... |
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| Where do you go to get something notarized? |
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(I am very aware that its by a notary, I just want to know where to find one)... |
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 Do you have to claim or pay income tax on $10,000 on Inheritance ? |
| I received $10,000 inheitance from my Uncle and wanted to know if I have to claim it on my income tax and have to pay?... |
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 What to do about nanny's pay period that straddles 2007 and 2008? |
| I pay my nanny every two weeks. Her next pay period will be the last week of December and the first week of January. Am I supposed to split that pay period in half and include the December half in ... |
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 How much capital gains taxes will I owe under these special circumstances? |
| I need help. I've done tons of research but neet to know if anyone can point to to a definite answer. I spent 17 months building a house only to find out 2 weeks before closing on it that my ... |
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 Do I have to pay taxes on the sale of a house I lived in for 5 years and rented for the last 2.? |
| This was our first house and lived in it for 5 staight years. We bought a second house and rented our first house to some family members. They lived their for 2 years and payed us rent. We claimed it ... |
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 Do you think the budget will cost you money...? |
or are you more concerned with how interest rates, council tax and Utility bills will be changing in the next 6 months?
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No pin head I'm not Gordon.
This ... |
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MIMKA | What is tax evasion? and can you serve time for it? |
if someone hasn't filed taxes in several years and is getting paid in cash can this be considered tax evasion? if so, how much time can a person serve for this? no records of money paid, no w2's all cash all unreported. sometimes large amounts is that illegal?
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i appreciate the responses so far however i would like to add that i'm not the one evading, it's my soon to be ex- i filed my taxes all the time i worked, i paid every penny of my share believe me. he however seems to think he's above all that. saying if there's no w2's theres no proof. which i can see, however in requesting my spousal support i'm told he has to show his tax returns to determine amount, is this also true? what do you do in this case? am i screwed out of my support due to his actions? either way it seems i lose after 30 yrs of my life dedicated to him i get left with nothing while he's spending my half on his new girlfriend and her two kids. i know she's just using him for a meal ticket and i know what he's using her for.. will a judge determine support based on what my ex tells him he makes which undoubtedly will not be true. I know what his earnings are, do i get a chance to tell the judge what i know? |
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elaurian_1977
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Tax evasion is not paying income tax owed on earnings, and yes you can serve time for it, but usually they give you a chance to pay off whaterver you owe, if you have the money available to you. With no W-2's or other records, it may be hard to prove how much you were paid, unless you have any kind of bank account or something showing deposits that the IRS might question where you got the money from, especially if it any large amounts. However, I don't know if there is an amount that you can make and you won't be taxed for it, but if there is and your "earnings" are below that mark, then you are not required to file a return, and you just wouldn't get any money back as a return either. |
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dragonfire
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yes tax evasion is illegal
it is the willful misconduct in order toavoid paying taxes and the IRS loves to makes examples of those who really fly it in their face, sentences of 10 to 15 years are not uncommon for those who dodge tax on a big scale |
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Mr. Mojo Risin'
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Can anyone say Al Capone? |
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Judy1
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The situation you describe fits the definition of tax evasion - deliberately avoiding paying tax. Yes, definitely illegal. You could be prosecuted, but it's more likely that you'd have to pay the back taxes plus interest and penalties, which could be substantial. |
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yourguessisasgoodasyours
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I do not recommend it. Serious consequences would follow when they find you and they will. |
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Steve
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Yes, tax evasion is illegal. Also, it is relatively easy to catch because most people that get paid cash deposit the money into their bank account.
Enjoy the pen. Don't drop the soap around anyone. I think that your new name will be Gladys. |
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becca457
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It means you are purposefully hiding income or misleading in the type of income so that you dont have to pay as muchtax... And yes you can go to jail for it. That is what Al Capone went to jail for. |
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pacman
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Wilful failure to pay income tax on money earned is a felony under federal law and is subject to a prison sentence of approximately 4 years on each count. |
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Inkskipp
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The American war of independence was fought over taxation, but 200 years later everyone gets taxed above and beyond the services provided by the state. There are some who complain that taxation itself is illegal, because income tax was originally introduced as a temporary emergency measure ("War tax") but they usually lose their case.
What you need to do is make a case for yourself that you were not evading tax, but avoiding it.
Tax avoidance is completely legal, and it involves taking steps to minimize payment by deferring income from one year to another and by taking as much deductions as possible. You would have to prove that you were taking steps to minimize your taxable contributions, instead of trying to evade payment.
I think each charge carries a maximum sentence of 5 years and a $250,000 fine. Multiple counts can add to the sentence and fines. |
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