Posts Tagged ‘tax delinquents’

Filing a Delinquent Tax Return is Better Than Failure to File Taxes

Thursday, September 17th, 2009

I’ve blogged many times about people who fail to file taxes, for whatever reason.  They may be knowingly evading taxes or they may be too scared to file taxes because they are afraid that they won’t be able to pay whatever they owe the IRS.  Did you know that you can file a tax return, even when it is grossly late?  Better to file a delinquent tax return, than be convicted
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More from My BigBiz Show Interview: Don’t Ignore the IRS Unless You Want Them to Levy Your Bank Account

Thursday, April 23rd, 2009

When I was on the BigBiz Show with Russ and Sully ealier this month, we talked about what taxpayers should know about working with the IRS to solve their tax problems.  We also talked about the tough economic times that we’re experiencing and how it’s not so much a Great Depression - but a Great Correction.
And as Sully pointed out, for many Americans, April 15th is not tax filing deadline,
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Have You Filed Your Taxes? Consequences Include Increased Financial Liability and Imprisonment

Wednesday, April 15th, 2009

It’s tax day! I know people don’t file their tax returns for different reasons and in this economy, and many Americans may opt to not file because they don’t have the funds to pay the taxes owed.
If you can’t afford to pay your taxes, there are payment options for tax relief!
Additionally, what taxpayers may not know is that failure to file tax returns may be construed as a criminal act
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Obama Trade Pick Ron Kirk Owes $10,000 in Back Taxes

Tuesday, March 3rd, 2009

The latest Obama administration nominee with tax troubles is Ron Kirk, the President’s choice to be U.S. trade representative. Kirk owes an estimated $10,000 in back taxes from earlier in the decade and has agreed to pay them. He has also agreed to file an amended tax return this week
According to reports, the former Dallas mayor failed to list speaking fees as income because he paid them directly to support
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New Rule Prompted by Federal Contractors with $8 Billion in Unpaid Taxes

Monday, May 5th, 2008

Congressional probes have discovered about 60,000 firms working for the U.S. government that have cheated or failed to pay their taxes.
At the heart of the problem is a lack of communication between agencies. While one arm of the government pays contractors money, another arm is trying to collect taxes from them. USA Today reported that the Defense Department paid more than $1 million to a company that owed nearly $10
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