have not paid taxes in seven years
2006-09-21 03:05:55 · 12 answers · asked by sicwidit 2 in Business & Finance ➔ Taxes ➔ United States
It's hard to imagine that your employer legally filed a W-2 because the IRS easily-easily matches W-2's with filed tax returns. So there must be some reason the IRS hasn't caught up to you.
Did you make such a low income that you weren't required to file a tax return? Were you paid off the books and there is no record of your income? Has your employer paid you illegally?
You should read Pub 17 to see if you were required to file.
Do a Yahoo search using "IRS Pub 17" and it will be the first to show up as a PDF file.
2006-09-21 03:44:25 · answer #1 · answered by hawkthree 6 · 0⤊ 0⤋
first of all, have you work fro the past 7 years. if you have, even if you have not filed your taxes, the irs knows how much you have made because all companies have to paid quartely employee taxes, and guess what there is your ss #.
the best thing you can do is go see a tax lawyer. since you have not filed in 7 years, when you eventually file, there are going to be a few penalties and fees, and interest that the irs will want.
having a tax lawyer is good because they might be able to work out some kind of deal between the irs and you so you wont have to give up anything you own now as collateral. and still be able to do your taxes.
also the irs has a plan with a fee of course, where they will take monthly payments until all that you owed is payed up. now if money is suppose to come to you, the irs will take all their interest and fees before they return any money to you.
now if you have not worked in 7 years, you can send a letter to the irs explaining that you have not worked in 7 years and are going to start working now, what is that you need to send them to prove no employment .
the irs website is www.irs.gov
2006-09-21 06:53:11 · answer #2 · answered by lasalle_1986 4 · 0⤊ 0⤋
I'd talk either to a CPA or to a lawyer who specializes in taxes. Places like H&R Block would do a competent job of preparing and filing your back taxes, but probably can't advise you very well beyond that.
If you had taxes deducted, you might not even be in bad shape. If you didn't, you'll owe a lot, but since they'll probably catch up with you eventually anyway, you'll be in a lot better position to have the IRS work with you on paying the overdue amounts.
Good luck.
2006-09-21 03:36:35 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
to be honest with you if your income has been under 100k per yr it not as bad as you think but I will tell you on thing you need to do ..
FILE !!!!!
JUST FILE !!! for all the years you missed
and worry about the amounts later because they can be easily postponed and negotiated ..remember if you file that will eliminate any possible tax evasion charges
TRUST ME they ones I PERSONALLY know
who get there door kicked in are the ones who usually ..
make 100k +
flat out dont file
flat out dont pay and the most important
(I cannot stress this enuff)
ignore there letters & calls if you do that, that will accelerate the seizure order..that takes YEARS to get a judge to okay that
Because I did not file in 1995 and I NEVER heard anything
but I filed in 2005 anyway
I also did not claim 19k on a large job I did in 1999 and all I did was contacted them and negotiated the deal myself and at a MUCH reduced bill because I was willing to work with them
the horror stories you see about famous people getting there items seized are the one who violate the NO NO's that I mentioned earlier ..
some people think there are above the IRS
and they soon find out in a hurry they are not god!!!
the IRS is not as viscous a you think
2006-09-21 09:36:09 · answer #4 · answered by Scanless1999 3 · 1⤊ 0⤋
Well, you will need to have your taxes prepared to assess your liability. This will let you know how much you owe. Once you file your taxes, you're going to get hit with some pretty heavy fees from the IRS for late filing, late payments and interest. I suggest you have your taxes professionally done, because you're going to want to take advantage of every opportunity to lower your tax bill. Next your going to need to make arrangements with the IRS. This is where it gets scary for a lot of folks. Depending upon how much you owe, the IRS is going to scrutinize all of your assetts and income to squeeze every dollar they can get out of you. You can do this yourself, but I woulodn't recommend it. There is a very good company name FSI Tax that can take care of everything for you. They can prepare your taxes, do a financial analysis for you to determine what you can afford to pay and they'll negotiate the arrangement with the IRS. You'll never have to talk to the IRS. I'm not sure of their number, but you can go to www.fsitax.com to get information.
2006-09-21 05:05:08 · answer #5 · answered by othellonuevo 2 · 0⤊ 0⤋
When the IRS catches up with you, you'll be in big trouble.
Take some of that money you haven't paid in taxes and hire a lawyer who specializes in taxes. If you don't do that before you get caught, you'll need a lawyer who specializes in criminal cases.
Seriously, pal, this is a big deal.
2006-09-21 03:11:09 · answer #6 · answered by johntadams3 5 · 0⤊ 0⤋
I would be happy to help you file all past returns, no matter what state.
Do you still have the records. After filing and if you case warrants it, you may be able to file for a compromised amount of tax due. You can contact me at www.SLarson.com/contact for info.
Regards,
Steve Larson
2006-09-21 18:41:24 · answer #7 · answered by Anonymous · 1⤊ 0⤋
go to a good tax professional. you will be liable for penalties and interest on the back taxes, so be prepared.
2006-09-21 03:27:22 · answer #8 · answered by extra_37 4 · 0⤊ 0⤋
Wow, thank you! exactly what I was looking for. I tried looking for the answer on other websites but I couldn't find them.
2016-08-23 07:16:28 · answer #9 · answered by Anonymous · 0⤊ 0⤋
you dont have to do anything,they will be there next week to cart you off to the pen,see ya in ten years
2006-09-21 03:15:12 · answer #10 · answered by john doe 5 · 0⤊ 0⤋