I hope OP is trolling. Who would want to risk their life intentionally like that? Especially knowing damn well the IRS is not to be played with?P.S Sadly not filing tax returns for 7 years is never a good idea if you were required to do so.
I hope OP is trolling. Who would want to risk their life intentionally like that? Especially knowing damn well the IRS is not to be played with?P.S Sadly not filing tax returns for 7 years is never a good idea if you were required to do so.
if you are young and don't work a job thats withholding its really easy to ignore your tax responsibilities, you dont even have to do anything!I hope OP is trolling. Who would want to risk their life intentionally like that?
I hope OP is trolling. Who would want to risk their life intentionally like that? Especially knowing damn well the IRS is not to be played with?
Sell everything, move it to crypto and declare bankrupcy?I am honestly worried this could destroy my life and hold me back for 2 decades, I must owe around 500k once all filed, they now want to see my wifes income as well, bills, savings, bank accounts, and income. I was not doing well at all and my bank statements show it, I barely started doing well again started making sales and I can either run them via my wife or me should I put all income via her ? I have a young daugher, we just got a house via an investment I had that I sold, all these problems with IRS were before I got married to my wife.
I will most likely have to pay them monthly but I am scared they will want a high amaount and with a mortgage and bills and a kid this will crush me I do plan on doing a letter of compromise
Has anyone been in this situation ? Any advice ? What steps did you take so that the IRS gave you a low monthly bill and settled for a lower amount in the future. Your advice would be HIGHLY appreciated.
(I did hire an attorney but not sure if it will help)
I have a piece of land that if I sell I can offer that profit to the IRS, just waiting for it to sell.
declaring bankruptcy will push away IRS?Sell everything, move it to crypto and declare bankrupcy?
If he owns nothing on paper, they won't take anything. Make sure to deal in crypto only and consider emigrating to adverserial jurisdictions like China or Russia as someone suggested.declaring bankruptcy will push away IRS?
"you owned a house last week."If he owns nothing on paper, they won't take anything
FTFY"you owned a house last week."
"no idea what you are talking about, i own nothing *smirk*"
"you are going to federal prison for tax evasion."
"Oh.""Great, I needed a new home."
please don't give him heart attacks or stroke. He might be too young"you owned a house last week."
"no idea what you are talking about, i own nothing *smirk*"
"you are going to federal prison for tax evasion."
"Oh."
That’s exactly what I was going to comment. How’s this even normal? Someone even commented that it’s not fair since he simply forgot. Who forgets to file their taxes?Idk why people here act like it’s normal.
You (purposefully?) didn’t want to file for 7 damn years and know you are worrying about your future… Really weird
Since when bankruptcy protects you from tax liability? where do you guys come up with these advices? You think you can just sell everything without anyone noticing? It’s good to set yourself up to be protected from possible creditors. Asset protection is great. But don’t EVER mess with taxes because one or another they’ll catch you.Sell everything, move it to crypto and declare bankrupcy?
This reads like some sovereign citizen BSyou can try this guy. Peymon Mottdeh
www.freedomlawschool.org
He hasnt filed in 30+ years, been sued by the IRS multiple times and is still out and about giving speeches.
He has a school that teaches people what to do. He also has lawyers that can probably do it for u or guide u.
Never tried him, but he's been sued multiple times and never went to jail and is still free....
These "Frivolous Tax Arguments" don't work and will end you up in prison (https://www.irs.gov/privacy-disclosure/the-truth-about-frivolous-tax-arguments-introduction ) (https://www.justice.gov/opa/pr/tax-defier-and-member-freedom-law-school-sentenced-prison-tax-evasion)you can try this guy. Peymon Mottdeh
www.freedomlawschool.org
He hasnt filed in 30+ years, been sued by the IRS multiple times and is still out and about giving speeches.
He has a school that teaches people what to do. He also has lawyers that can probably do it for u or guide u.
Never tried him, but he's been sued multiple times and never went to jail and is still free....
You are in deep s**t with the IRS!I am honestly worried this could destroy my life and hold me back for 2 decades, I must owe around 500k once all filed, they now want to see my wifes income as well, bills, savings, bank accounts, and income. I was not doing well at all and my bank statements show it, I barely started doing well again started making sales and I can either run them via my wife or me should I put all income via her ? I have a young daugher, we just got a house via an investment I had that I sold, all these problems with IRS were before I got married to my wife.
I will most likely have to pay them monthly but I am scared they will want a high amaount and with a mortgage and bills and a kid this will crush me I do plan on doing a letter of compromise
Has anyone been in this situation ? Any advice ? What steps did you take so that the IRS gave you a low monthly bill and settled for a lower amount in the future. Your advice would be HIGHLY appreciated.
(I did hire an attorney but not sure if it will help)
I have a piece of land that if I sell I can offer that profit to the IRS, just waiting for it to sell.
If I were you, I’d move out of the country.
You all are making him more nervous than he is . Best advice for him is to sell evert get out of country and try to talk to an attorney to fix this problemRevocation or denial of passport in cases of certain unpaid taxes
https://www.irs.gov/businesses/smal...-of-passport-in-cases-of-certain-unpaid-taxes
---- quote start
By law, the IRS will certify taxpayers with seriously delinquent tax debts to the State Department for specific actions regarding their passports.
Generally, the State Department will not issue passports to taxpayers after receiving their delinquent debt certification from the IRS. The State Department may also deny a taxpayer’s passport application or revoke their current passport.
If taxpayers with certified tax debts are overseas, the State Department may issue a limited-validity passport allowing the taxpayer to return directly to the United States.
What are seriously delinquent tax debts?
Seriously delinquent tax debts are legally enforceable, unpaid federal tax debt (including assessed penalties and interest) totaling more than $62,000 (adjusted yearly for inflation). These debts include U.S. individual income taxes, trust fund recovery penalties, business taxes for which taxpayers are personally liable for and other civil penalties.
---- quote end
They’re even worse than the EU, Americans are not to be messed with, especially when it comes to tax fraud, unless, of course, you’re Joe Biden’s son and your name is Hunter.Revocation or denial of passport in cases of certain unpaid taxes
https://www.irs.gov/businesses/smal...-of-passport-in-cases-of-certain-unpaid-taxes
---- quote start
By law, the IRS will certify taxpayers with seriously delinquent tax debts to the State Department for specific actions regarding their passports.
Generally, the State Department will not issue passports to taxpayers after receiving their delinquent debt certification from the IRS. The State Department may also deny a taxpayer’s passport application or revoke their current passport.
If taxpayers with certified tax debts are overseas, the State Department may issue a limited-validity passport allowing the taxpayer to return directly to the United States.
What are seriously delinquent tax debts?
Seriously delinquent tax debts are legally enforceable, unpaid federal tax debt (including assessed penalties and interest) totaling more than $62,000 (adjusted yearly for inflation). These debts include U.S. individual income taxes, trust fund recovery penalties, business taxes for which taxpayers are personally liable for and other civil penalties.
---- quote end