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Dec 14, 2024
11:36
:25
am
JAGA97
All-American
I have a tax preparation business and have been dealing with the IRS for 3
decades. I haven't seen a single person go to jail over a tax issue. But I am by the book and might not be in tune with the right crowd.
This message has been modified
Originally posted on Dec 14, 2024 at 11:36:25am
Message modified by JAGA97 on Dec 14, 2024 at 11:37:58am
Message modified by JAGA97 on Dec 14, 2024 at 11:38:21am
Message modified by JAGA97 on Dec 14, 2024 at 11:38:38am
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JAGA97
Bio page
JAGA97
Joined
Apr 10, 2008
Last login
Dec 14, 2024
Total posts
25,645 (18 FO)
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Messages
Author
Time
Friend paranoid about jail for small potential payroll/tax issue. Any help?
insanobueno
11:28am
He's not going to jail. He'll probably just get some sort of tax penalty + inter
Team Chaos
11:30am
Any links/resources? That’s what I’ve been saying as well
insanobueno
11:33am
I'm a part owner in a couple of companies and have spoken to my accountant about
Team Chaos
11:40am
Agreed. The IRS wants $$$$. Jail is only a means to get $$$$. If the guy is
rcbyufan
12:27pm
I have a tax preparation business and have been dealing with the IRS for 3
JAGA97
11:36am
Starting hanging around the AlphaCon crew and you can change that!
Gustav
11:37am
He’s all very very by the book as an individual. Likely the cause of panic
insanobueno
11:39am
Literally zero chance he goes to jail over this. Nominal fines/interest are the worst he's facing. People get audited
HarlemCoug
11:59am
Yeah, he’s not going to jail, nor would he even be charged. Mistakes of this
Nittany Cougar
12:23pm
They'll just have him pay it back with interest most likely. The government
ShinobiCoug
12:28pm
I will say people do go to jail for tax issues but almost invariably these are
rcbyufan
12:52pm
The real question is should he do anything about it. I'd argue that he should let it rest. If audited be forthcoming and
HarlemCoug
12:54pm
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