SO I settled up with the IRS today. - GoFuckYourself.com

Choker · 11-26-2004, 03:01 PM

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.

digifan · 11-26-2004, 03:02 PM

GTS Mark · 11-26-2004, 03:02 PM

Glad it worked out for you dude

It's no fun dealing with those people.

DH

WiredGuy · 11-26-2004, 03:05 PM

Quote:

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

wyldblyss · 11-26-2004, 03:05 PM

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.

Choker · 11-26-2004, 03:06 PM

Quote:

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.

Steen2 · 11-26-2004, 03:07 PM

Quote:

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!

candyflip · 11-26-2004, 03:09 PM

Why weren't you paying taxes?

justsexxx · 11-26-2004, 03:11 PM

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

WiredGuy · 11-26-2004, 03:11 PM

Quote:

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

Doctor Dre · 11-26-2004, 03:12 PM

Not that bad

congrats

Choker · 11-26-2004, 03:14 PM

Quote:

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

seeric · 11-26-2004, 03:15 PM

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.

Choker · 11-26-2004, 03:15 PM

Quote:

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"

candyflip · 11-26-2004, 03:19 PM

Quote:

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.

Choker · 11-26-2004, 03:23 PM

Quote:

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

frankfortuna · 11-26-2004, 03:23 PM

What was the red flag? The home office deduction?

Mr. Mike · 11-26-2004, 03:25 PM

Congrats, I wish I could say that.

Choker · 11-26-2004, 03:26 PM

Quote:

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.

Babagirls · 11-26-2004, 03:27 PM

Quote:

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

candyflip · 11-26-2004, 03:28 PM

Quote:

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.

frankfortuna · 11-26-2004, 03:29 PM

Quote:

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.

Sasha18 · 11-26-2004, 03:31 PM

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.

NiteRain · 11-26-2004, 03:32 PM

Damn, was thinking about adding my home office as a deduction for this year.

pornJester · 11-26-2004, 03:33 PM

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

pussyluver · 11-26-2004, 03:36 PM

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

Kimmykim · 11-26-2004, 04:21 PM

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.

Honeyslut · 11-26-2004, 04:30 PM

Quote:

Originally posted by Choker
4. Don't try to write off your $4000 hot tub as a "medical expense" LOL

Even with medical proof ?

David! · 11-26-2004, 04:31 PM

Quote:

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?

xclusive · 11-26-2004, 04:35 PM

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...

NoHassleSteve · 11-26-2004, 04:42 PM

Quote:

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.

quiet · 11-26-2004, 04:45 PM

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 ;)

DutchTeenCash · 11-26-2004, 04:45 PM

glad its solved

WiredGuy · 11-26-2004, 05:04 PM

Quote:

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

Choker · 11-26-2004, 06:23 PM

Quote:

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

Kimmykim · 11-26-2004, 08:14 PM

Quote:

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 ;)

Steen2 · 11-26-2004, 08:18 PM

Quote:

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?

Sosa · 11-26-2004, 09:21 PM

BuckLover · 11-26-2004, 09:37 PM

Now how much did you really owe??

Probably 5 times that amount?

Wiggles · 11-26-2004, 10:34 PM

congrats on getting everything resolved, wish i could blow 40k a month without worrying haha

Drake · 11-26-2004, 10:38 PM

Bravo!

An enormous weight off your shoulders.

Are you giving any hints on your new program?

Choker · 11-26-2004, 11:43 PM

Quote:

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.

ytcracker · 11-27-2004, 12:16 AM

yea irs is crazy good job handling it with them

mine is under the bridge too luckily that scared the bejesus out of me

Xenophage · 11-27-2004, 12:20 AM

congrats

11-26-2004, 03:01 PM	#1
Choker Confirmed User Industry Role: Join Date: Apr 2001 Location: Orlando Posts: 9,024	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 Need dating, cam, or tube traffic? I got it.http://http://www.chokertraffic.com The Original http://www.chokertraffic.com/ Premium country pop-unders from $1.50 per k. I challenge you to compare this traffic to any other brokers. http://www.chokertraffic.com/public/tabs.php?t=o

11-26-2004, 03:02 PM	#2
digifan The Profiler Industry Role: Join Date: Oct 2002 Location: ICQ 76281726 and I'm female Posts: 14,618	__________________ [email protected] Webair Rocks

11-26-2004, 03:09 PM	#8
candyflip Carpe Visio Industry Role: Join Date: Jul 2002 Location: New York Posts: 43,064	Why weren't you paying taxes? __________________ Spend you some brain. Email Me

11-26-2004, 03:11 PM	#9
justsexxx Too lazy to set a custom title Join Date: Aug 2001 Location: The Netherlands Posts: 13,723	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

11-26-2004, 03:25 PM	#18
Mr. Mike Confirmed User Join Date: Aug 2004 Posts: 913	Congrats, I wish I could say that. __________________ Sig for sale. ICQ: 163-545-054

11-26-2004, 03:02 PM	#3
GTS Mark Vrume Mark Industry Role: Join Date: Jan 2001 Location: Toronto, Canada Posts: 20,912	Glad it worked out for you dude It's no fun dealing with those people. DH

11-26-2004, 03:05 PM	#5
wyldblyss Confirmed User Join Date: Nov 2003 Location: The Buck Starts Here Posts: 5,779	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.

11-26-2004, 03:15 PM	#13
seeric .......... Industry Role: Join Date: Aug 2004 Location: .......... Posts: 41,917	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.

11-26-2004, 03:23 PM	#17
frankfortuna Confirmed User Join Date: Aug 2002 Posts: 1,504	What was the red flag? The home office deduction?

11-26-2004, 03:31 PM	#23
Sasha18 Confirmed User Join Date: Dec 2002 Posts: 582	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. __________________

11-26-2004, 03:32 PM	#24
NiteRain Confirmed User Join Date: Jul 2002 Location: Fort Lauderdale Posts: 600	Damn, was thinking about adding my home office as a deduction for this year. __________________ AIM: PerlScriptor

11-26-2004, 03:33 PM	#25
pornJester Confirmed User Join Date: Mar 2001 Location: Florida Posts: 6,138	Nice, can't wait to see what's coming __________________ FreshBucks \| Webmaster Vault \| GayAW Trusted Names in Adult. ICQ 9157.3698

11-26-2004, 03:36 PM	#26
pussyluver Clueless OleMan Join Date: Mar 2003 Location: ICQ - 169903487 Posts: 11,009	There are over 1 Million pages to the US Tax Code. How could anyone keep up with all that.

11-26-2004, 04:21 PM	#27
Kimmykim bitchslapping zebras!!!!! Industry Role: Join Date: Jun 2001 Location: In a shack by the beach Posts: 16,015	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.

11-26-2004, 04:35 PM	#30
xclusive Too lazy to set a custom title Join Date: Apr 2004 Location: Buffalo, NY Posts: 35,218	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 /

11-26-2004, 04:45 PM	#32
quiet we'll miss you our friend. RIP Industry Role: Join Date: Sep 2001 Location: Fernie, BC Posts: 25,115	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

11-26-2004, 04:45 PM	#33
DutchTeenCash I like Dutch Girls Join Date: Feb 2003 Location: dutchteencash.com Posts: 21,684	glad its solved __________________ ICQ 16 91 547 - SKYPE dutchteencash bob AT dutchteencash DOT com ... did you see our newest Sweet Natural Girl Priscilla (18)?

11-26-2004, 09:21 PM	#38
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149

11-26-2004, 09:37 PM	#39
BuckLover Confirmed User Join Date: Feb 2003 Location: I'm everywhere Bitches!! Posts: 1,656	Now how much did you really owe?? Probably 5 times that amount?

11-26-2004, 10:34 PM	#40
Wiggles Too lazy to set a custom title Join Date: May 2004 Posts: 14,423	congrats on getting everything resolved, wish i could blow 40k a month without worrying haha __________________ no sig

11-26-2004, 10:38 PM	#41
Drake Hello world! Industry Role: Join Date: Mar 2003 Posts: 12,508	Bravo! An enormous weight off your shoulders. Are you giving any hints on your new program?

11-27-2004, 12:16 AM	#43
ytcracker stc is the greatest Join Date: Dec 2002 Location: rip sean murray Posts: 12,403	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

11-27-2004, 12:20 AM	#44
Xenophage Registered User Industry Role: Join Date: Oct 2001 Posts: 12,122	congrats