We have our gross and net salary. But there are those who take all of it home.
2007-06-06 20:56:31 · 12 answers · asked by JuDyLicious 3 in Business & Finance ➔ Taxes ➔ Other - Taxes
They will get caught eventually. I know first hand. I wasn't intentionally not paying taxes I just wasn't paying enough and didn't know at the time. However, 5-6 years later I get a letter from the IRS with the error and I had to pay back what was owed plus interest from the previous years. I suggest everyone pay your taxes. It's cheaper to pay them now rather than later.
2007-06-07 02:53:20 · answer #1 · answered by Linda P 1 · 1⤊ 0⤋
If they're taking it all home, they're probably an independent contractor. They have to pay their taxes directly to the IRS instead of having it withheld from their pay. Since the IRS knows of this income in most cases, via Form 1099, they won't get away without paying their taxes for very long.
2007-06-06 22:46:38 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋
They have arrangements with their employer to work "under the table", receiving income without any paperwork. It saves both the employer and the employee some tax money until they get caught - then both are in major trouble.
2007-06-07 03:26:05 · answer #3 · answered by Judy 7 · 1⤊ 0⤋
They're taking a gamble. The IRS only has so many auditors, so the chances are good your tax return won't be given a second look. If you get caught, however, the IRS has a well-armed, well-trained teams that can forcefully take EVERYTHING you own.
Now, do you want to take that chance?
2007-06-06 21:01:47 · answer #4 · answered by Paul M 2 · 0⤊ 2⤋
Work over seas and live in a america....
there is no tax on money made while working on the ocean!!!
2007-06-07 06:03:04 · answer #5 · answered by Beth B 1 · 0⤊ 1⤋
They're either subcontractors (working without taxes) or people working in non-profit organizations (their taxes are already paid for).
For other people that don't pay taxes when they're supposed to...like Wesley Snipes... I dunno, dodge the police is another way to not pay taxes :)
-http://sjenterprises.blogspot.com
2007-06-07 02:25:31 · answer #6 · answered by SJJOSHUA 1 · 0⤊ 0⤋
it deals with how many exemptions you claim. exemptions are number of dependants. you can also claim yourself. although i havent heard of anyone not paying any taxes at all, but the more dependants you claim as dependants, then the less they take out of your paycheck. dont expect a huge tax refund when tax season comes around though.
2007-06-06 21:03:33 · answer #7 · answered by Anonymous · 0⤊ 2⤋
They don't, eventually all those taxes they didn't pay will come back to them with severe consequences such as a fine and a 5 year jail sentence.
2007-06-06 21:06:09 · answer #8 · answered by Anonymous · 1⤊ 3⤋
you can always have time to go to another country... right??? but escaping taxes is something stupid.. you should pay for those..
2007-06-06 22:29:57 · answer #9 · answered by hazah 2 · 0⤊ 1⤋
Tax Free Municipal Bonds. e-mail me and I can give you my broker's number.
2007-06-06 21:08:46 · answer #10 · answered by Anonymous · 0⤊ 3⤋