Literally zero chance he goes to jail over this. Nominal fines/interest are the worst he's facing. People get audited

Dec 14, 2024
11:59:50am

HarlemCoug Intervention Needed

all of the time. The IRS finds problems all of the time, yet very few go to jail. Only the worst cases would ever even be litigated.

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HarlemCoug

Previous username: Big12
Bio page: HarlemCoug
Joined: Sep 8, 2014
Last login: Dec 14, 2024
Total posts: 36,336 (4,616 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

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