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Fitty great things for RRRED :Graucho
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Wow that is great news,good for you
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Great news! I have been seeing the JK Harris commercials here on tv in South Florida and I was thinking about consulting with them as well. Nice to hear you had a good result.
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The IRS is required by law to provide something called an "offer in compromise" if you are unable to pay the taxes you owe....but you MUST pay the amount decided upon in one lump or its back on payments for life....if you can prove some form of hardship (current economy fits the bill) then you may just be in the right place at the right time....
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:2 cents: |
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Amen... I get dry humped every year in taxes and take it up the ass like a good little boy. Damn. :mad: |
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Damn cheeseheads *duck |
What happened to you will not help Airek... You could not possibly pay your taxes... If someone in the industry makes any money at all they will take it...
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Congrats, well done.
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as far as Canada/u.s. goes, there is a treaty that you can't be taxed twice on the same income, but you do have to pay tax on all your income whether it is made in Canada or the U.S., sometimes you have to file in both places, but at the very least you have to include all of your income, so if you are American you have to claim your Canadian income too to the irs, and vice versa for canadians
and for those that are thinking they can just not pay taxes and the IRS will give them a break, it seems to me that you have to be in a serious financial situation before they would consider it... if you own two cars and a house and a boat, I don't think they are going to let you off, but if you are completely broke and living on the floor of an apartment it makes sense :2 cents: good to hear that you got a break, RRRED:thumbsup |
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"Get the IRS off your back" and the body of the message: http://jkharris.com/ :1orglaugh these guys crawling for emails to spam or what??? seems they are legit though as mentioned in this thread. :1orglaugh and congrats girl. :) |
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Truly once in a lifetime deal. Happy for you,now get back to work :winkwink:
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I pay my taxes on 19K every year like clock work ... well actually I think I get a bit back .. ;)
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I'm surprised they didn't just levy your bank accounts etc... How did you get away with them not levying you or seizing any assets for so long?
When you owe over 25k the IRS will want you to fill in a collection statement and will want to know things like how much you spend on food per month, gas, bills, everything... |
I'm amazed at all the haters in here. Just crazy.
Something in our culture makes it impossible for people to be happy for someone else. Instead they hate people who get something they didn't get. All the people saying "I have to pay why don't you"....if you were in the same situation, you'd get the same offer. You don't get the offer unless you're broke...and you can't fake being broke with the IRS. Hmmm lets see, would I rather be almost destitute and get my 100K tax bill forgiven, or would I rather have 150K and have to give 100K to the IRS? It's like all the people who hate on the UAW. Most of the time, they're just pissed off that those guys make more money than they do, and get better benefits and retire earlier....so since those people are getting something you don't have, instead of thinking "good for them, maybe one day I'll get that too", you think "fuck those guys, take their shit away from them" Just crazy |
Hey RRRed, congrats, if anyone needed a break it was you. I'm glad you'll be sleeping better.
And quit the damn chain smoking will ya? :winkwink: |
apparently they give you a break if you're broke as fuck.
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JKHarris, btw, has made the last 30 days of my life a living fucking hell. I wish I had just gone to the IRS myself actually. Long story but they ripped every cent out of my account at the beginning of the month and I have struggled like mad all month long. I had to give them a $100 hold payment until the main office gave me an address to send them money that I was going to recieve from another source other than my personal account. They never sent me the address and by the time they did a whole month later, they took all I had. Called them about 25 times and no return call until today when they tried to rip my account AGAIN. Luckily my band has blocked them and now they're going to have to fuck off or accept whatever payments I can pay them monthly. I dunno how I can get out of this contract. If I could, I would. I probably stil owe them like 5K. Can't squeeze blood out of a turnip... I didn't answer their calls today cuz I was too pissed. I'll deal with them tomorrow when I'm more cooled off. It'll work itself out. It always does. My intentions are in the right place and they're the ones who dropped the ball. |
I was audited last year for 05 and it took literally 9 months because the IRS is so slow and I was a "low priority" supposedly. Luckily I hand my records to my accountant every year and let him do everything because he handled the whole audit. I was required to dig up bank statements for EVERY account, have accounting of all cash on hand, provide copies of all leases, etc, etc. I knew I was fine because a decade ago I decided I like to sleep at night and its not worth the price to have the IRS looming over your head. That background silent stress is a killer. Be aggressive and write off everything you can substantiate. Always imagine yourself in a room with your accountant and an IRS auditor and explaining your deduction and if passes the "I can say this out loud in front of a room full of people" go ahead and deduct. Stories like hardship are usually inaccurate. If you're making $ the IRS will NOT discount. They do have one time freebies for fees & interest that can really add up for some people. My guess is that his losses were more substantial than what they thought he owed and they were generous on their valuations. THERE ARE NO FREE RIDES.
Bottom line is that "If you are paying taxes that means you're making $ and billions of people would happily switch places with you." Everyone in the Adult industry needs to be extra vigilant in paying taxes, no one is granting us any favors. |
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I agree that folks should be happy for anyone not paying the IRS - giving the government more money is never a good thing. But.. I was in a very similar situation, and had to pay it all. It wasn't $50k, but it was better than half that amount. I was completely broke at the time - $500 would have been insane to pay. I paid it all back. Clawed my way back to where I could pay down a little every so often, and then finally saved up enough for the full amount and paid it off. It took a long, long, time. Part of me says "why the hell did I have to live like I did for over 6 years to pay that back?" when I could have settled. But, the other part of me says "why the hell didn't I attempt to settle" :) I can get where people who are paying it down the hard way come from is all I'm saying. Obviously the money was made at one point, in order to owe it to begin with. As for the UAW, I don't think many "hate" on them due to how much they make. It's more the perceived idea that union workers are lazy, and unions keep the lazy employed for far more than what market wages are. While this may or may not be true, unfortunately my personal experience leads me to at least initially think this way about most union workers. Rarely have I seen a union shop where people truly pull their own weight, and want to do the best job they possibly can. Taking pride in ones work seems to be a thing of the past, and it's no longer "cool" to be good at your job. Better to be a slacker and work the system. There *are* some though, and those employees I applaud every damned dime they can get. As for unions in general - they need to stop the "us vs. them" bullshit lowest common denominator stuff, and start encouraging productivity and punishing laziness within their ranks. I believe at one point, being in a union was a mark of honor of saying "I do a damned fine job of what I do, I work fucking hard, and I am willing to fight for what I rightly deserve". Your fellow union members would run you out of town if you were a lazy asshole. Now, unfortunately, most unions have generated into a "lets see what the littlest amount of work we can get away with for the most amount of wage possible". You create a guild/union of workers that you police well, and take pride in your work - and I bet you will have many businesses lining up to hire your members once you gain a reputation of "yes, they cost 50% more than other workers, but do 75% more work!". I know I would. So.. off topic :) Congrats to you RRRed, that has to feel absolutely wonderful. I know it did for me when I sent the IRS that final check - it was truly amazing. the weight lifting off your shoulders. |
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One example I like to use is when people talk about how much the non union auto workers in the South get to work at Honda and Toyota plants. What most people don't realize, is that the only reason those wages are so high, is because Toyota and Honda fear the UAW, and they know if they paid wages that were too low, their workers would unionize. So the non UAW workers still benefit from the presence of the UAW. Companies like Wal-Mart aren't afraid of unions, because retail workers unions aren't very strong, and so half of their employees receive government assistance of some sort because their wages are so low. My overall point in support of unions, is that our government intentionally keeps a certain percentage of the population unemployed in order to keep inflation under control. This is a good thing overall, most people don't want overall prices and wages subject to the shocks, peaks and valleys that happen to things like the stock market or the price of oil. But since we never reach 100% employment, then the laws of supply and demand don't really apply to the labor market the way they do to other markets, and so we need other mechanisms in place to determine wages, benefits, etc for workers. Collective bargaining is one of those mechanisms. The best solution is to not throw the baby out with the bathwater per se, and allow workers to collectively bargain for wages and benefits, but get rid of alot of the stupid work rules and procedures that drive up a wall between the labor force and management. I rambled again a bit there...but my main point is that I wish more people's point of view was "I'm happy so and so didn't have to go through what I went through" instead of "If I had to pay all that money to the IRS then that bitch should to!"...or "That's great that those guys get $30/hour plus benefits to work on that assembly line" instead of "Screw those bastards who retired at 48, they don't deserve those pensions, my dad is 65 and still working!!" |
RRRed, did the IRS make you fill out a collection information statement where they ask you how much you spend a month on gas, food, bills, rent etc?
I got my debt under 25k so I'm ok now but when I do my taxes for 08 it's going to up in the danger zone again and I'm going to have to do an installment plan for 2 years (07 and 08). I'm afraid my debt will be over 25k again and then they will want to know exactly how you allocate your funds every month. |
Also, what would you prioritize if you have some money, paying the back taxes off or paying current quarterly taxes for 09? its very important that i keep on track for 09 cause if i dont i will NEVER catch up, but the back taxes is pressing too.
I will discuss all of this with my accountant too once im finished with my bookkeeping for the year but still interested in knowing what you think. It's a balancing act to manage both at the same time. |
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Glad to hear things are going well for you Nicole. Once you hit bottom the only way to go from there is up! |
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Seven Pounds was a very good one |
I wonder how the IRS measures up the Revenue Canada... they are utter insufferable cocksmokers up here
I've paid close to $100k in taxes the past 6 months (from previous year) and they still making threats to come after me if I'm late on future payments (I was complacent last year and was late paying whats owed) Nothing more excrutiating than dealing with a civil servant with a chip on their shoulder and power trip issues |
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If you don't pay they will levy your accounts and seize your assets or even worse put you in jail like they did to pornstar Janine. She's on a whole other level tho, she owed like 300k and was still buying new houses and expensive cars etc I havent heard of the irs making threats to come after citizens if they get behind on future payments but i do know that if u are on an installment plan u have to pay everything on time including the taxes for the year too. |
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Lawyers... |
I'm curious how much more effective a third party company such as JK Harris is in making an offer in compromise vs doing it yourself directly with the IRS?
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congrats rrrred....even though i just paid a shitload in taxes...and as well to my accountant while being audited...at least someone got some good news around tax time..lol
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