Page 1
Page 1
Started By
Message

Federal Tax Bill

Posted on 9/1/15 at 7:25 pm
Posted by GEAUX DJ!
Plaquemine
Member since Jan 2005
1959 posts
Posted on 9/1/15 at 7:25 pm
Got hit with a big tax bill. After looking back it was my fault for sure... 18k that is due asap. So... What is the best route to take here? Call one of those tax negotiating companies? Call the feds and arrange payments? Just need a little guidance to anyone that may have been hit with this before.

Thanks
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17253 posts
Posted on 9/1/15 at 7:29 pm to
Call IRS and set up payment plan
Posted by southernelite
Dallas
Member since Sep 2009
53174 posts
Posted on 9/1/15 at 8:00 pm to
irs stacked; geaux DJ fricked


but really, set up a payment plan if you can't swing it.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65535 posts
Posted on 9/1/15 at 8:32 pm to
Contact GeauxJudge here and see if he can get you out of it.
Posted by GEAUX DJ!
Plaquemine
Member since Jan 2005
1959 posts
Posted on 9/1/15 at 8:53 pm to
Yeah fricked is probably the word of the night. They probably want a car note worth of dollars every month to pay that shite off huh
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 9/2/15 at 9:45 am to
Talk to a CPA or tax attorney about trying to get any penalties abated and setting up an installment plan. The tax professional can guide you through the process for trying to get the amount you owe reduced and educate you on the installment payment options.
Posted by meeple
Carcassonne
Member since May 2011
9346 posts
Posted on 9/2/15 at 9:57 am to
How can this happen? Were your tax returns audited and incorrect for years?
Posted by slackster
Houston
Member since Mar 2009
84752 posts
Posted on 9/2/15 at 12:32 pm to
quote:

They probably want a car note worth of dollars every month to pay that shite off huh


Well, you do owe a car's worth of back taxes, so I don't blame them.

Usually you can set up a plan for up to 60 months. Current interest rates are around 3% IIRC.
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17253 posts
Posted on 9/2/15 at 2:40 pm to
quote:

Talk to a CPA or tax attorney about trying to get any penalties abated and setting up an installment plan. The tax professional can guide you through the process for trying to get the amount you owe reduced and educate you on the installment payment options.


Once again Poodle comes through with the best advice
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram