Topic is Sleeping.
zebra25 (original poster member #29431) posted at 2:40 PM on Wednesday, April 26th, 2023
Does anyone have any knowledge or experience with owing (personal income tax) back taxes?
It's not me. This person is paid as a sub contractor despite not meeting any of the criteria and paid a low wage. They did not have the money to pay their taxes so they did not file for two years. They owe for those years plus interest and penalties plus this year in addition to their state and local taxes.
I see the IRS will accept payments. Is there any hope of getting the amount due lowered? The accountant that prepared the taxes didn't have any suggestions or advice.
Thanks!!
"Don't let anyone who hasn't been in your shoes tell you how to tie your laces."
D-day April 2010
WhatsRight ( member #35417) posted at 11:31 PM on Sunday, April 30th, 2023
We are in that position. We owe due to health insurance issues. If I understood it I would explain it.
Anyway, our tax lady said you can never get out of interest on back taxes, but that sometimes there is a one time chance to have the penalties waived.
That’s really all I know, but I will be meeting with her this coming week, and if I find out anything specific, I’ll be back to share.
"Noone can make you feel inferior without your concent." Eleanor Roosevelt
I will not be vanquished. Rose Kennedy
zebra25 (original poster member #29431) posted at 12:32 AM on Monday, May 1st, 2023
Thank you so much WR. I am so sorry you have that to deal with on top of everything else.
"Don't let anyone who hasn't been in your shoes tell you how to tie your laces."
D-day April 2010
WhatsRight ( member #35417) posted at 5:48 AM on Monday, May 1st, 2023
"Noone can make you feel inferior without your concent." Eleanor Roosevelt
I will not be vanquished. Rose Kennedy
Topic is Sleeping.
