2007-02-04 11:35:50 · 4 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
If you are in business for yourself, and you have income, you don't want to know what the Feds can do to you. File your taxes!
If it is all W2 income, and taxes are withheld, you should file your taxes to get a refund. Don't jack with U Sam. File your taxes.
2007-02-04 11:47:51 · answer #1 · answered by LuvDylan 5 · 0⤊ 0⤋
No-one will notice at first, but then after two or three years they will (assuming you have any earning/bank accounts/credit cards), and you will get caught. Not filing is considered "tax evasion" which will earn you a rent-free stay at the government's big house...
2007-02-04 11:45:49 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Trust me....FILE THE TAXES!!! Not worth the headahce ,plus interest,penalty's and the all around mess Uncle Sam can make of your life.
2007-02-08 05:51:52 · answer #3 · answered by cheatersrlosersbyme 1 · 0⤊ 0⤋
If they owe you, not too much .
If you owe them, penalties and fees in obscene amounts will start accumulating . . . then eventually the big computer will locate you and they will start garnishing your wages . . . .
leaving you enough for a transient hotel room, bread & water.
2007-02-04 11:43:12 · answer #4 · answered by kate 7 · 0⤊ 0⤋