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Texas man flies plane into IRS building

What about people who gt their houses siezed on account of penalties and interest, with no tax liability?

Obviously most of you have never had a run in with the IRS. Just wait!
who has that happened to?
 
I know a guy that it happened to.
i've had issues with the irs, and paid additional taxes and penalties and interest. in both instances they worked with me and never once threatened to seize anything.

by the way, penalties are based on tax liability, so how could the guy have no tax liability but incur a penalty?
 
The same thing I did? I never evaded taxes. Be careful with the accusations.

You failed to pay taxes that you were required by law to pay. How is that different than what Geithner, Daschle, or anyone else did? They credibly argued that their failure was due to error or oversight. To hear you tell it, your failure to pay was due to a deliberate disagreement with IRS interpretation of the law. Which sounds more worthy of punishment?

I didn't go four years without paying taxes, like the head honcho of the IRS did.

Neither did Geithner.
 
i've had issues with the irs, and paid additional taxes and penalties and interest. in both instances they worked with me and never once threatened to seize anything.

by the way, penalties are based on tax liability, so how could the guy have no tax liability but incur a penalty?

Penalties aren't just based on tax liabilities. Penalties and interest can be acrued because of not following th IRS's time table, regardless if you've paid your full tax liability.
 
Penalties aren't just based on tax liabilities. Penalties and interest can be acrued because of not following th IRS's time table, regardless if you've paid your full tax liability.
nope. the initial penalty as well as interest are based on your tax liability. but yes, if you don't pay as agreed, you can further be charged. however, there is no assumption that payments credit the liability.
 
You failed to pay taxes that you were required by law to pay. How is that different than what Geithner, Daschle, or anyone else did? They credibly argued that their failure was due to error or oversight. To hear you tell it, your failure to pay was due to a deliberate disagreement with IRS interpretation of the law. Which sounds more worthy of punishment?
No, I wrote off deductions that the IRS cat decided weren't legitimate deductions. It was a deliberate disagreement. It was a difference in intepretation. The law that says entertainment can be written off doesn't say what does and doesn't qualify as entertainment. Aren't you supposed to be some kind of lawyer?



Neither did Geithner.



Neither did Geithner pay his taxes, that's right.

Timothy Geithner didn't pay Social Security and Medicare taxes for several years while he worked for the International Monetary Fund, and he employed an immigrant housekeeper who briefly lacked proper work papers.

http://online.wsj.com/article/SB123187503629378119.html
 
nope. the initial penalty as well as interest are based on your tax liability. but yes, if you don't pay as agreed, you can further be charged. however, there is no assumption that payments credit the liability.

You're wrong. Penalties have nothing to do with your tax liability.

If you owe $400 and you file a day late, but pay the $400, then you still owe penalties and interest and they will keep building up until you pay them.
 
You're wrong. Penalties have nothing to do with your tax liability.

If you owe $400 and you file a day late, but pay the $400, then you still owe penalties and interest and they will keep building up until you pay them.
good god......if you pay one day late you have incurred a penalty and interest, which is calculated based upon your liability.

if you have no liability, you never have a penalty. jeez.

How Does the IRS Calculate Penalties and Interest?
Late payment of employment taxes will trigger penalties and interest charges to the taxpayer. These notices, particularly from the IRS, are next to impossible to decipher. Here is a quick primer on IRS penalty and interest calculations.

Statue of Limitations
There is NO statue of limitations on the failure to file and report payroll taxes (Social Security, Medicare, Unemployment, withheld income taxes). There also is no statue of limitations on assessment of tax, penalties and interest when a false tax return is filed. Household employment taxes are remitted with the employer's personal income tax return. Any household employer who did not pay these taxes has de jure submitted a false tax return.

Penalty Charges
-- Late Filing Penalties
If you owe tax and don't file on time, according to IRS regulations, penalties are assessed and added to your bill. Penalties are in addition to BOTH the tax due and the interest on the past due tax. The total late–filing penalty is usually 5% of the tax owed for each month, or part of a month, that your return is late up to five months (25%). If your return is over 60 days late, the minimum penalty for late filing is the smaller of $100 or 100 percent of the tax owed.

-- Late Payment Penalties
If you file on time but don't pay all amounts due on time, you'll generally have to pay a late payment penalty of one–half of one percent (0.5%) of the actual tax owed for each month, or part of a month, that the tax remains unpaid from the due date, until the tax is paid in full. There is no maximum limit to the failure-to-pay penalty.

Interest Charges
The IRS will charge interest on late or unpaid taxes, regardless of cause. The period covered always begins with the due date of the return, and ends with the receipt of payment by the IRS. You may incur interest expenses for late filing, or simply for making a mathematical error on your tax return.

Generally, interest is charged on any unpaid tax from the due date of the return until the date of payment. The interest rate on unpaid Federal tax is determined and posted every three months. It is the federal short–term interest rate plus 3 percent. Interest is compounded daily.
 
good god......if you pay one day late you have incurred a penalty and interest, which is calculated based upon your liability.

if you have no liability, you never have a penalty. jeez.

Uh, yeah, pay your taxes late, without paying the penalties and interest and see how that works.
 
Uh, yeah, pay your taxes late, without paying the penalties and interest and see how that works.
you just don't get it, do you?

if you pay taxes late, yes, you incur penatly and interest, BASED UPON YOUR LIABILITY.
 
Or, half of PBO's krewe? How come none of them had their homes siezed, or got put in jail?

Oh yeah...I forgot...there WAS something about tax cheats in the cert process, wasnt there...

If they would just gut the fed, maintain taxes at current level til we paid off the debt and had a balanced budget, and then reduced the federal tax rate to a reasonable percentage with no deductions and no refunds, we could do away with the IRS entirely.
 
you just don't get it, do you?

if you pay taxes late, yes, you incur penatly and interest, BASED UPON YOUR LIABILITY.

And it keeps accruing, even after you paid you taxes, if you don't catch up on the penalties and interest.
 
No, I wrote off deductions that the IRS cat decided weren't legitimate deductions. It was a deliberate disagreement. It was a difference in intepretation. The law that says entertainment can be written off doesn't say what does and doesn't qualify as entertainment. Aren't you supposed to be some kind of lawyer?

apdst said:
I wrote off a ****ing shotgun one time and got away with it in an audit. If I can do that, I can do damn near anything.

http://www.debatepolitics.com/break...-pay-informing-tax-cheats.html#post1058333112

Yea, it sure sounds like it was an honest disagreement about interpretation.

Neither did Geithner pay his taxes, that's right.

He paid income taxes, but failed to pay a portion of his self-employment taxes. That's not "didn't pay taxes for four years."

None of this changes your staggering hypocrisy. You argued that Geithner et al. should have gone to jail, but that you are being unfairly persecuted. Do you not see how hilarious that is?
 
And it keeps accruing, even after you paid you taxes, if you don't catch up on the penalties and interest.
NO IT DOES NOT.

Generally, interest is charged on any unpaid tax from the due date of the return until the date of payment. The interest rate on unpaid Federal tax is determined and posted every three months. It is the federal short–term interest rate plus 3 percent. Interest is compounded daily.
 
you just don't get it, do you?

if you pay taxes late, yes, you incur penatly and interest, BASED UPON YOUR LIABILITY.

'Pay' is an interesting choice of words.

I dont think it is unreasonable to EXPECT/REQUIRE our federal government to adequately manage public funds. Until they prove the ability to do so, I dont really know that it was the founding fathers intent that the country's citizen be saddled with such a bill.

Dont get me wrong...Im all for paying taxes for the requirments to support and sustain the federal government as mandated by the constitution. But there is so MUCH pork and waste and garbage and extraneous BS...Its a hard pill to swallow...
 
Do you "understand" why the Terrorists that flew planes into 9/11 did that too, even if it wasn't right apdst?

Do you think people who are upset about the Patriot Act because of the way they can have people arrested, at times wrongfully, would be "understandable" if they attacked a homeland security building if they "knew" someone that had that happen to them?
 
http://www.debatepolitics.com/break...-pay-informing-tax-cheats.html#post1058333112

Yea, it sure sounds like it was an honest disagreement about interpretation.
Exactly right. I purchased that gun for a customer to go on a hunting trip. I call that an entertainment expense.



He paid income taxes, but failed to pay a portion of his self-employment taxes. That's not "didn't pay taxes for four years."

None of this changes your staggering hypocrisy. You argued that Geithner et al. should have gone to jail, but that you are being unfairly persecuted. Do you not see how hilarious that is?

He didn't pay his taxes, period.
 
Exactly right. I purchased that gun for a customer to go on a hunting trip. I call that an entertainment expense.

And according to you, the IRS agent agreed. I'm pointing to that post to highlight your obvious attitude and intent to evade taxes in whatever way possible:

apdst said:
You can't cheat on payroll taxes, either, trust me, I've tried.

You won't go to jail. Growup! They'll just make you pay the money you owe them, plus interest and penalties

No ****! And, if there's no paper trail on the jack, guess what?

Compared to how many millions of tax payers?? Do you know that I have a greater chance of being wrongfully convicted of murder than being convicted of tax evasion?

Yeah, the first audit, I wrote a check for about 1500 and the second I wrote a check for 3 grand. I threatened to shoot the auditer in the second audit, so I knew that check was going to be purdy big.

The image you project online (which is quite possibly different from reality) is that of someone who isn't scared to do whatever he thinks will help him to evade taxes. That's an entirely different mental state than that of Geithner et al.

He didn't pay his taxes, period.

Using that logic, neither did you. You both faced the same penalty, so stop bitching about how he should have gone to jail unless you're ready to turn yourself in.
 
no it does not.

Generally, interest is charged on any unpaid tax from the due date of the return until the date of payment. The interest rate on unpaid federal tax is determined and posted every three months. It is the federal short–term interest rate plus 3 percent. Interest is compounded daily.

yes it does!
 
And according to you, the IRS agent agreed. I'm pointing to that post to highlight your obvious attitude and intent to evade taxes in whatever way possible:











The image you project online (which is quite possibly different from reality) is that of someone who isn't scared to do whatever he thinks will help him to evade taxes. That's an entirely different mental state than that of Geithner et al.



Using that logic, neither did you. You both faced the same penalty, so stop bitching about how he should have gone to jail unless you're ready to turn yourself in.

No, ya see, the difference is, I played the game by the rules set forth by the government. I've never just not paid my taxes.
 
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