SO I settled up with the IRS today.

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  • Choker
    Confirmed User
    • Apr 2001
    • 9024

    #1

    SO I settled up with the IRS today.

    One more audit to go that is not worth getting upset about. But I settled today and signed off on owing them 47k. $800 a month payments for 5 years. I waste more than this a month on shit I buy and never use. It feels SO GOOD to have this shit behind me.

    Now it's time for the chicken man to go BIG LEAGUE. 2005 is going to be MY YEAR. I'm am putting together my BIGGEST program ever and hopefully will be released early 2005.
    ICQ me lets make a deal 116894466

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  • digifan
    The Profiler
    • Oct 2002
    • 14618

    #2
    [email protected]
    Webair Rocks

    Comment

    • GTS Mark
      Vrume Mark
      • Jan 2001
      • 20912

      #3
      Glad it worked out for you dude

      It's no fun dealing with those people.

      DH

      Comment

      • WiredGuy
        Pounding Googlebot
        • Aug 2002
        • 34515

        #4
        Originally posted by DrinkingHard
        Glad it worked out for you dude

        It's no fun dealing with those people.

        DH
        I don't know about the IRS but the CCRA are just lovely people to deal with. They call you every day, they constantly make threats of freezing bank accounts and they're just a wonderful presence that make you feel important. I don't know how I would get by life without them anymore.

        WG
        I play with Google.

        Comment

        • wyldblyss
          Confirmed User
          • Nov 2003
          • 5779

          #5
          You must be sleeping much better and feel like you are on top of the world. There is nothing like getting something big like this off your back. Congrats.

          Comment

          • Choker
            Confirmed User
            • Apr 2001
            • 9024

            #6
            Originally posted by DrinkingHard
            Glad it worked out for you dude

            It's no fun dealing with those people.

            DH
            I was lucky enough to get a very nice female caseworker. What killed me was the allowable deductions for a home office I took, and what they actually give.
            ICQ me lets make a deal 116894466

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            • Steen2
              Confirmed User
              • Feb 2004
              • 7662

              #7
              Originally posted by WiredGuy
              I don't know about the IRS but the CCRA are just lovely people to deal with. They call you every day, they constantly make threats of freezing bank accounts and they're just a wonderful presence that make you feel important. I don't know how I would get by life without them anymore.

              WG
              Try...

              Department of Rev (WA), Sec of State (WA), IRS AND CCRA


              Group orgy!
              ICQ: 2262.73945

              Comment

              • candyflip
                Carpe Visio
                • Jul 2002
                • 43073

                #8
                Why weren't you paying taxes?

                Spend you some brain.
                Email Me

                Comment

                • justsexxx
                  Too lazy to set a custom title
                  • Aug 2001
                  • 13723

                  #9
                  Just curious, does this mean you didn't pay tax over your income the last few years?

                  Because I, for example, called a good accountant, and from the first week, he takes care of all kinda taxes...

                  Does this work different in US/Canada? So many horror stories in this thread

                  Andre
                  Questions?

                  ICQ: 125184542

                  Comment

                  • WiredGuy
                    Pounding Googlebot
                    • Aug 2002
                    • 34515

                    #10
                    Originally posted by Steen2
                    Try...

                    Department of Rev (WA), Sec of State (WA), IRS AND CCRA


                    Group orgy!
                    Ohhh, that sounds even more exciting! Lucky you!
                    WG
                    I play with Google.

                    Comment

                    • Doctor Dre
                      Too lazy to set a custom title
                      • Jan 2001
                      • 51692

                      #11
                      Not that bad congrats
                      Originally posted by rayadp05
                      I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?

                      Comment

                      • Choker
                        Confirmed User
                        • Apr 2001
                        • 9024

                        #12
                        Originally posted by wyldblyss
                        You must be sleeping much better and feel like you are on top of the world. There is nothing like getting something big like this off your back. Congrats.
                        Yep the stress release is incredible. I HAVE to change my spending habits though.

                        1. Everything business related use a dedicated bank card for. NO MORE cash purchases then having to scramble to find recipts.

                        2. For every $100 I pay myself put $25 away just for taxes. Don't wait until later. Do it RIGHT THEN.

                        3. Don't try to write off milaege when you go to Best Buy to get a TV and happen to pick up a mouse while you are at it. LOL

                        4. Don't try to write off your $4000 hot tub as a "medical expense" LOL
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                        • seeric
                          ..........
                          • Aug 2004
                          • 41917

                          #13
                          gees. congrats.

                          i thought my little 10 grand thing was tough.

                          definitely no fun dealing with any of them though.

                          im happy for you choker.

                          Comment

                          • Choker
                            Confirmed User
                            • Apr 2001
                            • 9024

                            #14
                            Originally posted by candyflip
                            Why weren't you paying taxes?
                            I was paying taxes. Got audited and they dis-qualified many of my ermm "Deductions"
                            ICQ me lets make a deal 116894466

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                            • candyflip
                              Carpe Visio
                              • Jul 2002
                              • 43073

                              #15
                              Originally posted by Choker
                              I was paying taxes. Got audited and they dis-qualified many of my ermm "Deductions"
                              That's what I figured man. Just busting your balls.

                              Creative deductions are always going to cause you grief in the event of an audit.

                              Spend you some brain.
                              Email Me

                              Comment

                              • Choker
                                Confirmed User
                                • Apr 2001
                                • 9024

                                #16
                                Originally posted by candyflip
                                That's what I figured man. Just busting your balls.

                                Creative deductions are always going to cause you grief in the event of an audit.
                                I still think the hot tub is a business/medical expense. It relieves the stress from sitting behind a pc for 14 hours a day. Sometimes I get in it during the day when my icq lights up so I don't have to light up. LOL
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                                • frankfortuna
                                  Confirmed User
                                  • Aug 2002
                                  • 1504

                                  #17
                                  What was the red flag? The home office deduction?

                                  Comment

                                  • Mr. Mike
                                    Confirmed User
                                    • Aug 2004
                                    • 913

                                    #18
                                    Congrats, I wish I could say that.
                                    Sig for sale. ICQ: 163-545-054

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                                    • Choker
                                      Confirmed User
                                      • Apr 2001
                                      • 9024

                                      #19
                                      Originally posted by frankfortuna
                                      What was the red flag? The home office deduction?
                                      YEP you got it. Come to find out home deductions throws up a big red flag.
                                      ICQ me lets make a deal 116894466

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                                      • Babagirls
                                        Text Writer
                                        • Feb 2001
                                        • 18812

                                        #20
                                        Originally posted by Choker
                                        I still think the hot tub is a business/medical expense. It relieves the stress from sitting behind a pc for 14 hours a day. Sometimes I get in it during the day when my icq lights up so I don't have to light up. LOL
                                        medical expense, ya (if you have chronic back pain & doctor approves). business, nawww lol




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                                        • candyflip
                                          Carpe Visio
                                          • Jul 2002
                                          • 43073

                                          #21
                                          Originally posted by Choker
                                          I still think the hot tub is a business/medical expense. It relieves the stress from sitting behind a pc for 14 hours a day. Sometimes I get in it during the day when my icq lights up so I don't have to light up. LOL
                                          When I got mine, I was able to deduct it as a medical expense.

                                          But I've been in and out of the Dr. for my back. Not sure if you're in the same boat there.

                                          Spend you some brain.
                                          Email Me

                                          Comment

                                          • frankfortuna
                                            Confirmed User
                                            • Aug 2002
                                            • 1504

                                            #22
                                            Originally posted by Choker
                                            YEP you got it. Come to find out home deductions throws up a big red flag.
                                            I've read time and time again that this deduction is highly abused and the object of scrutiny. I wouldn't take it even if I could.

                                            I'm glad you've got it behind you though. Dealing with the IRS is a total business distraction.

                                            Comment

                                            • Sasha18
                                              Confirmed User
                                              • Dec 2002
                                              • 582

                                              #23
                                              I claim more than I make, because I love to give the goverment money so they can make 500 pound bombs and throw them on civilians in fallujah. Yet, my neighbor'ss son is an idiot because the education system doesn't pay teachers enough to tell him 2+2 is 4 and my mailbox is not a fucking driveway enterance.

                                              Comment

                                              • NiteRain
                                                Confirmed User
                                                • Jul 2002
                                                • 600

                                                #24
                                                Damn, was thinking about adding my home office as a deduction for this year.
                                                AIM: PerlScriptor

                                                Comment

                                                • pornJester
                                                  Confirmed User
                                                  • Mar 2001
                                                  • 6138

                                                  #25
                                                  Nice, can't wait to see what's coming


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                                                  • pussyluver
                                                    Clueless OleMan
                                                    • Mar 2003
                                                    • 11009

                                                    #26
                                                    There are over 1 Million pages to the US Tax Code. How could anyone keep up with all that.

                                                    Comment

                                                    • Kimmykim
                                                      bitchslapping zebras!!!!!
                                                      • Jun 2001
                                                      • 16015

                                                      #27
                                                      I hope you asked them to bookend that audit. Then they can't come back on any of the years before the bookend ever again.

                                                      Comment

                                                      • Honeyslut
                                                        Confirmed User
                                                        • Jan 2001
                                                        • 6436

                                                        #28
                                                        Originally posted by Choker
                                                        4. Don't try to write off your $4000 hot tub as a "medical expense" LOL
                                                        Even with medical proof ?
                                                        http://nakedlunchnews.comWhat's up ? Naked Lunch News !

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                                                        • David!
                                                          By the wrath of Agamemnon
                                                          • Apr 2004
                                                          • 6501

                                                          #29
                                                          Originally posted by Sasha18
                                                          I claim more than I make, because I love to give the goverment money so they can make 500 pound bombs and throw them on civilians in fallujah. Yet, my neighbor'ss son is an idiot because the education system doesn't pay teachers enough to tell him 2+2 is 4 and my mailbox is not a fucking driveway enterance.
                                                          what's the matter?
                                                          .

                                                          Comment

                                                          • xclusive
                                                            Too lazy to set a custom title
                                                            • Apr 2004
                                                            • 35218

                                                            #30
                                                            Congrats man hope that this is the end of it for you because they do like to fuck with you once they have you on their radar...

                                                            I support MediumPimpin.com / Shemp's Outlawtgp.com /


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                                                            • NoHassleSteve
                                                              Confirmed User
                                                              • Jul 2004
                                                              • 450

                                                              #31
                                                              Originally posted by NiteRain
                                                              Damn, was thinking about adding my home office as a deduction for this year.
                                                              Only do it if you can clearly produce a "home office"...
                                                              like its own room, with nothing non-biz in it.

                                                              Also, it seems self-employed get audited a lot more than those who incorporate.

                                                              Incorporation is also great to help keep personal finances from getting mixed with business finances.

                                                              Frankly, unless it's huge $, the tax savings off home office isn't worth the chance of audit.
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                                                              • quiet
                                                                we'll miss you our friend. RIP
                                                                • Sep 2001
                                                                • 25115

                                                                #32
                                                                i have a separate account that is dedicated to taxes. my accountant does estimates of tax each month, and the money goes there before going anywhere else. i always get paid last ;)
                                                                we'll miss you our friend. RIP

                                                                Comment

                                                                • DutchTeenCash
                                                                  I like Dutch Girls
                                                                  • Feb 2003
                                                                  • 21684

                                                                  #33
                                                                  glad its solved

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                                                                  • WiredGuy
                                                                    Pounding Googlebot
                                                                    • Aug 2002
                                                                    • 34515

                                                                    #34
                                                                    Originally posted by quiet
                                                                    i have a separate account that is dedicated to taxes. my accountant does estimates of tax each month, and the money goes there before going anywhere else. i always get paid last ;)
                                                                    Same here. I can't imagine the mess of putting personal and company together. It's complex as it is with investment accounts, savings, checking in each currency!

                                                                    WG
                                                                    I play with Google.

                                                                    Comment

                                                                    • Choker
                                                                      Confirmed User
                                                                      • Apr 2001
                                                                      • 9024

                                                                      #35
                                                                      Originally posted by Kimmykim
                                                                      I hope you asked them to bookend that audit. Then they can't come back on any of the years before the bookend ever again.
                                                                      They already went back as far as they could. LOL
                                                                      ICQ me lets make a deal 116894466

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                                                                      The Original http://www.chokertraffic.com/

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                                                                      • Kimmykim
                                                                        bitchslapping zebras!!!!!
                                                                        • Jun 2001
                                                                        • 16015

                                                                        #36
                                                                        Originally posted by Choker
                                                                        They already went back as far as they could. LOL
                                                                        The bookend is something you request -- it turns a single year audit into a 3 year audit, they name the year range they want -- say they were looking at 2000 hahahaha they can then choose any three consecutive years with 2000 in the sequence. Once they've done it, they can never again go back to previous years. If you don't get a bookend, they could do 2000 this year, 99 next year, 02 the year after, etc...

                                                                        Just simplifies things on your side and let's them know that your tax attorney's no fool ;)

                                                                        Comment

                                                                        • Steen2
                                                                          Confirmed User
                                                                          • Feb 2004
                                                                          • 7662

                                                                          #37
                                                                          Originally posted by Sasha18
                                                                          I claim more than I make, because I love to give the goverment money so they can make 500 pound bombs and throw them on civilians in fallujah. Yet, my neighbor'ss son is an idiot because the education system doesn't pay teachers enough to tell him 2+2 is 4 and my mailbox is not a fucking driveway enterance.
                                                                          You don't pay your taxes because you don't like your government?
                                                                          ICQ: 2262.73945

                                                                          Comment

                                                                          • Sosa
                                                                            In Tushy Land
                                                                            • Oct 2002
                                                                            • 40149

                                                                            #38

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                                                                            • BuckLover
                                                                              Confirmed User
                                                                              • Feb 2003
                                                                              • 1656

                                                                              #39
                                                                              Now how much did you really owe?? Probably 5 times that amount?

                                                                              Comment

                                                                              • Wiggles
                                                                                Too lazy to set a custom title
                                                                                • May 2004
                                                                                • 14423

                                                                                #40
                                                                                congrats on getting everything resolved, wish i could blow 40k a month without worrying haha
                                                                                no sig

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                                                                                • Drake
                                                                                  Hello world!
                                                                                  • Mar 2003
                                                                                  • 12508

                                                                                  #41
                                                                                  Bravo! An enormous weight off your shoulders.

                                                                                  Are you giving any hints on your new program?

                                                                                  Comment

                                                                                  • Choker
                                                                                    Confirmed User
                                                                                    • Apr 2001
                                                                                    • 9024

                                                                                    #42
                                                                                    Originally posted by BuckLover
                                                                                    Now how much did you really owe?? Probably 5 times that amount?
                                                                                    As a result of the audits I owe 47k more than what I already paid.
                                                                                    ICQ me lets make a deal 116894466

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                                                                                    • ytcracker
                                                                                      stc is the greatest
                                                                                      • Dec 2002
                                                                                      • 12403

                                                                                      #43
                                                                                      yea irs is crazy good job handling it with them

                                                                                      mine is under the bridge too luckily that scared the bejesus out of me
                                                                                      www.ytcracker.com | www.digitalgangster.com
                                                                                      i love you

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                                                                                      • Xenophage
                                                                                        Registered User
                                                                                        • Oct 2001
                                                                                        • 12122

                                                                                        #44
                                                                                        congrats

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