View Full Version : Must be tax time
pdisme
04-09-2008, 06:39 PM
Forums are slow, but thankfully support requests are slow at work too, I figure everyone is working on taxes. :) I haven't even filed my 2006 yet, overpaid the extension so they're just earning free money off me right now.
tuesday is coming up awful fast...
Shawn
04-09-2008, 07:29 PM
I haven't even filed my 2006 yet
slacker!!:lol2:
Just mailed mine off on Monday. Of course I underestimated my quarterly payments so had to write checks to the state and fed. Taxes suck!!
vchon
04-09-2008, 08:02 PM
...kinda' funny but it's my 1st time EVER doing taxes and i'm doing it for a small business. lol
my cpa is taking care of everything though, but it was the 1st time i ever really documented EVERYTHING i spent. kinda' amazing to see how much i really spend on bs every month...
pdisme
04-09-2008, 08:03 PM
I'm actually surprised I haven't been audited yet, income keeps going up more than it feels like so I keep having to pay huge amounts that I had under-contributed when I file the extensions, then I increase my withholding and next year we repeat the process. I try to not over-increase the withholding because I don't want to get some big refund due to letting them sit on my money all year.
pdisme
04-15-2008, 08:58 PM
On my way to the post office with three hours to spare with my extension. :lol2: That extension check = :icon_anal:
Shawn
04-15-2008, 09:56 PM
That extension check = :icon_anal:
Plus penalties and interest = :bj: (you're the one getting squirted on btw:fu: :fu:)
pdisme
04-16-2008, 12:32 AM
Plus penalties and interest
Nah, that's only if they come after you for not paying quarterly, they haven't done it yet. :wave:
pdisme
04-19-2008, 08:11 AM
Amazing how efficient the government can be when it comes to cashing your tax check; took them all of three days. :lol2:
pdisme
04-25-2008, 01:20 AM
Tax time for Wesley Snipes, if by tax you mean jail. :lol2:
http://www.cnn.com/2008/CRIME/04/24/snipes.sentencing/index.html
Actor Wesley Snipes was sentenced Thursday to three years in prison for three misdemeanor counts of failing to file tax returns -- the maximum requested by federal prosecutors.
"Snipes' long prison sentence should send a loud and crystal clear message to all tax defiers that if they engage in similar tax defier conduct, they face joining him," said Assistant Attorney General Nathan J. Hochman of the Justice Department's Tax Division.
Internal Revenue Service Commissioner Douglas Shulman said the law is clear on taxes.
"There is no secret formula that eliminates a person's tax obligations, nor are there any special exceptions," he said.
"The majority of Americans pay their taxes timely and accurately. Those who willfully violate the law must be held accountable."
In a civil suit, the IRS is seeking repayment of all taxes and interest from Snipes.
Federal prosecutors said the actor for nearly a decade escaped paying more than $15 million in income tax returns by sending money to overseas accounts, though they acknowledged in court that the amount is in dispute.
Before the sentencing, the actor asked the court to show mercy and offered three checks totaling $5 million as a gesture of good will.
Federal prosecutors diverted the checks to the U.S. Treasury -- which accepted the payment -- but it wasn't enough.
"It's essentially a down payment, but a fraction of what he owes," said Assistant U.S. Attorney Scotland Morris.
Snipes' attorneys -- who had argued he should get probation or house arrest -- said they will appeal the sentence.
The actor, who showed little reaction, gave a loud "wow" to the crowd as he exited the courtroom. Video Watch Snipes leave the court »
A jury convicted Snipes on the misdemeanor charges February 1, but he was acquitted of more serious felony charges of tax fraud and conspiracy. Jurors accepted his argument that he was innocently duped by errant tax advisers.
Defense attorneys in court documents suggested that to sentence Snipes harshly would be to disregard the jury's verdict.
But prosecutors, in their sentencing recommendation, said the jurors' decision "has been portrayed in the mainstream media as a 'victory' for Snipes. The troubling implication of such coverage for the millions of average citizens who are aware of this case is that the rich and famous Wesley Snipes has 'gotten away with it.' In the end the criminal conduct of Snipes must not be seen in such a light."
Snipes, who has starred in dozens of movies, including the "Blade" trilogy, "Major League" and "Murder at 1600" had received the support of many of Hollywood friends. Defense attorneys filed 39 pages of testimonials, letters from a Hollywood "Who's Who" list and also high school friends and his employees.
Actors Denzel Washington and Woody Harrelson, as well as television judges Joe Brown and Greg Mathis, submitted letters to the judge on Snipes' behalf.
In his letter, Washington said Snipes was "like a tree -- a mighty oak ... Many who know him have witnessed the fruit of his labors, have sat in his shade and even been protected by his presence. I am proud of him, proud to call him a fellow thespian and most importantly, proud to call him a friend."
Brown, who addressed the court on Thursday, likened Snipes to legendary actors, including Sidney Poitier, and said, "I have been something of a mentor to the young man."
Another witness described how Snipes had helped train personnel from 33 airlines on safety techniques after the September 11, 2001, terror attacks, without seeking pay or media attention.
"This man is one of the most honorable men of character," said Robert Wall, CEO and president of World Black Belt, a martial arts training firm. "He's made mistakes, but I'm so impressed with the depth of his character."
zzzzdoc
04-25-2008, 09:25 AM
You can kill, rape, or maim in this country - maybe do jail time.
But if you don't pay your taxes, they lock you up and throw away the key.
Nobody messes with the IRS.
j0nnywalker
04-25-2008, 11:39 PM
you think if snipes could go back a few years and pay his taxes, would he?
pdisme
04-26-2008, 05:08 AM
you think if snipes could go back a few years and pay his taxes, would he?
He would now; he tried to throw them some money before sentencing to make good but they just said thanks, you still owe more, here's three years to think about it.
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