He's not going to jail. He'll probably just get some sort of tax penalty + inter

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Dec 14, 2024
11:30:58am

Team Chaos All-American

He's not going to jail. He'll probably just get some sort of tax penalty + inter

...interest.

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Team Chaos

Previous username: Sock Gnome
Bio page: Team Chaos
Joined: Sep 6, 2002
Last login: Dec 14, 2024
Total posts: 15,763 (1 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

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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