I am DEAD II
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- piperboytoy
Ok 2 days ago i received my tax audit and i found out i had to pay $14k Only $2000 was from 2005 and the rest was back taxes. At the end of the day, i kind of gotten used to the idea of paying that off.
But when i got home, i received 2 more tax audits for 2003 and 2004. So i opened it thinking it would be the same amount becuase the $14 was accumulated from my previous balances. I almost had a heart attack when i opened the letter because the amount i owed from those letters is $22k.
So i don't know why isn't the $22k added to the $14k? And why is there such a big difference in the amount in those years? I really am dead! I will have an anxiety attack soon.
help
- Jaline0
holy shit
- skelly0
you will get through it. but that is NOT fun.
so you owe a total of 36k?
- joyride0
did you pay anything for those years?
- piperboytoy0
I am in shock still and will have a heart attack soon!
- piperboytoy0
i was paying some from previous balance but i never paid 10k worth.
I don't understand taxes, i want to move to a place where i don't have to do taxes.
There is no god in this world!
- soda0
that's rough and I would like to say I have sympathy for you man, but considering how I lose £1000 a month paying tax I'm finding it hard to be that sympathetic.
Get yourself a decent lawyer and start discussing a payback option.
There's no point in them throwing you in the slammer if you can show you are prepared to pay back what you owe.
Either that or head for the border...
- mrdobolina0
wow, time to start estimating your taxes homey. I feel so bad for you.
- bradpitt0
wtf? that is ridiculous. hmmm...not sure what exactly to suggest here. That really sucks ass.
- joyride0
yeah, everyone should realize that your freelance is not all money in your pocket. You still need to pay taxes on it, of which, plan on 30% to be safe. if it's less go on holiday with it.
sorry man, it'll be ok... its only money. But if you don't have an accountant, get one
- blastofv0
get a lawyer man, today.
even the basics of tax law are difficult for freelancers (myself included for sure), but you're in a ripe pile right now, and you need real professional guidance - don't fuck around, just hire a lawyer
check with AIGA or whoever your local professional design group is and see if they can refer you to someone who specializes in taxes for freelancers
- xenicon0
you need a debt consolidator and just consider 36k the cost of an education making you a better citizen. Even Ronnie Biggs paid taxes.
- skelly0
yeah if you don't understand taxes, you should pay someone who does to sort that stuff out.
- ghandolf0
i want to move to a place where i don't have to do taxes.
There is no god in this world!
piperboytoy
(Jun 15 06, 05:13)Here's your place...
- tkmeister0
get an accountant!!
back tax accumulate interest. and though that interest seems little, it adds up very very quickly.
what i did when i owed 10k in taxes, i paid it off using credit card, then transfer to an account with 0% interest 12month. so i don't have to pay any interest on it.
- Jaline0
I am having an anxiety attack for you. Seriously. Although it's 98% your fault. (the other 2% is just b/c I hate taxes). Make sure you get some legal help, or just pray that the Canadian government will continue to be polite.
- blastofv0
how's your credit? I'd be heading to the bank for a 30k loaner
you'll need to set up some sort of plan to pay it all back, but a lawyer can tell you what you have to do now, and what can be put off til later – and what might be disputable out of that 30k total
did you get formally audited? did you know this was coming, or did it just show up out of the blue?
- jamble0
that's rough and I would like to say I have sympathy for you man, but considering how I lose £1000 a month paying tax I'm finding it hard to be that sympathetic.
Get yourself a decent lawyer and start discussing a payback option.
There's no point in them throwing you in the slammer if you can show you are prepared to pay back what you owe.
Either that or head for the border...
soda
(Jun 15 06, 05:13)I must say I feel the same, I don't pay as much as soda as clearly I don't earn as much but the taxes go out of my account all the same and it's a real crapper especially since a lot of the time I wonder what they're actually being spent on.
However, not paying taxes because you don't understand how they work is beyond naiive.
I do sympathise though, I guess you've already got the best and most obvious advice though and that's seek professional help from an accountant or tax lawyer and go from there. Much as people on forums are helpful, the amount in question and ramifications would mean I'd come here for moral support but not legal aid!
- flavorful0
How on Earth did this happen?!
Lawyer, now.
Accountant, now.
Be prepared to pay for those too, but perhaps they can find some extra money you'll end up not owing to perhaps pay themselves.
Yikes boy.
Good luck.
- Jaline0
Did you talk about not doing your taxes in the previous tax threads? Because I vaguely remember you mentioning something about that. If you did, I wish I would've hustled you to pay them immediately.
- piperboytoy0
i had an accountant do my taxes. Now i'm just trying to find ways to kill myself painlessly.