I Haven’t Filed Taxes Since 2020
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- Опубликовано: 30 июл 2024
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We recently followed up with this caller on the show. Watch the follow-up here: ruclips.net/user/livetUirmoXgvUI?si=jeGmM6zu6BpHvIlV&t=3247
For Dave to recommend cashing out retirement, you know it’s serious.
Because the IRS can really screw up your life if they want to
Ya, Dave is terrified of the IRS. With good reason, too
😂
The IRS has unlimited power and resources to fuck up everything about your life. Avoiding having a problem with them or cleaning up any problem with them is at the absolute top of the priority pyramid. All other usual financial priorities become secondary.
@@hornetguy9063the Joker from Batman is too 😂
it will be waaaaay more than $100k. Their penalties are outrageous
In 2020 I found out I still owed taxes from 2016, 2018, and 2019. That was the beginning of my debt free journey along with my other debt.
Smart! It was the opposite with me. They were my last 😂 I know I shouldn’t Fxck with the IRS but they offered a payment plan so I signed up for that, meanwhile I pay off the smaller debt.
how much in fees did they charge you?
How did you find out?
@@bobmalooga335they sent me a letter saying I owe for 2018. And honestly I just ignored it a couple times back then I didn’t know how serious IRS was. Then when I finally looked up my account online I saw what I owed for other years.
The penalties and fees on that overdue money is going to be insane
I ran into a similar problem years ago and used a tax law firm to remove all penalties and fees.
@@reesee175😳
I didn’t file for 4 years and then called them and they worked with me on a repayment plan. The only thing I need to do is stay in compliance from this point forward otherwise the arrangement will be revoked. They won’t ask for a financial statement unless you want to do an offer in compromise.
My number one question is, why? I cannot come up with any reason why I wouldn’t file my taxes. It’s really not complex (for the vast amount of Americans). It may be painful, but with just a bit of planning it’s just annoying. The government will never take EVERYTHING, only a minority percentage of overall income. So why? Why would you not file?
Mental or Physical health
were there any additional fees you had to pay?
As a former IRS Revenue Officer and current Enrolled Agent, thanks for taking responsibility.
Being accountable for making a mistake goes a long way with IRS compliance employees.
Good luck on the payment plan!
@@benjaminhough8804not really that hard to figure out: people don’t file their taxes because they don’t want to pay them. I would never do that myself but it’s not hard to figure out the reasoning
there u go irs is slow as a turtle but when they come out they are faster than a tesla plaid
LMAO! Yes!
the KGB lol that was gold
I didn’t get that joke 🥴 can you explain please?
@@EsiriE KGB was the infamous secret police for the USSR. They were well known for being ruthless and making people disappear, especially people impacted by bad policies from the USSR government. Russia today is basically run by the remnants of the KGB including Putin. Which is why it is still pretty bad over there but not as bad as under the USSR.
IRS is pretty much the most efficient US government agency and because they gather taxes they can easily pull people into court for failing to file or pay taxes. Dave was just making a hyperbolic joke about the IRS
@@EsiriE the KGB was the secret police of the Soviet communists.
You did not want a visit from the KGB.
Dave was saying the IRS is the American version
@@scroogemcduckismyspiritanimal ahh I see! Thank you
The penalties and interest accrued for failure to pay are massive. Cash out everything you can to pay this!!! The penalties and interest DO NOT stop just because you are paying it off over time.
The struggle some of these 1099 employees is mind boggling but it’s all about behavior and he already knew the IRS wants their piece of the pie.
Makes you wonder what happened to that real estate company he was working for.
@@jodylarson4697 maybe the IRS are looking for them . Hopefully they are good because they don’t play lol
We are all out here joking about not paying taxes, and this dude is out here actually DoING that
Me too lol. Is this something everyone has to do? I thought that was just for rich people?
@@MrNoName7474I think if you make over a certain amount of money then you pay taxes
@@thatyounginjosh4531 I have an actual job now that isn’t just the latest restaurant manager of the month sliding me minimum wage cash under the table so I should probably figure out how to do taxes.
$11,500. If you make that you pay 10% and it goes up from there.
I remember doing a guys taxes that did the same thing. His only savings where what he saved from not paying it taxes. sadly the way the IRS is right now they are going after people with vengeance and they are more likly going to throw the book at him and fees, penalties and liens. I wish him luck.
As a former IRS Revenue Officer, Dave’s right and wrong. Evasion of payment is a crime as is failure to file.
Dave’s other advice is spot on. This caller needs an Enrolled Agent. Now.
The IRS may have already filed substitutes for return.
He needs to file now, he WILL have a notice of federal tax lien.
The simplest path is to liquidate the 100k AND draw the retirement.
You never never never want to owe your fellow taxpayers money the IRS collects. You are charged penalty on unpaid tax, and interest on unpaid tax and penalty. Failure to file for him will be 25% of the tax because of how old these returns are. Interest is charged daily.
His solution is there - it will be a bit painful.
Dave - I’m no fool. I worked for the fox and use the 15 years I did that job to now run my own shop as an enrolled agent.
All in all, Dave’s advice is spot on.
Agreed, I'm an EA and my first thought would be to try an FTA and payment plan. I would not go to the retirement account right away unless it made sense. But yeah, that guy needs a solid tax pro.
I hope it was great working for KGB oh sorry I mean IRS ^_^
What else can you say about the irs, just asking for a friend 😂
Thanks for your advice
@@BobbyMucka I still have my compliance hat - I would not try FTA right now - he’ll still have unpaid tax. FTA will abate the assessed penalty from RDD to the 23C date BUT will accrue again next month. FTA does not prevent FTF and FTP from accruing on that tax mod.
I don’t recommend cashing out retirement for staying out of debt. I do recommend cashing out retirement for staying out of jail.
Generally a good idea
💯
When I was a Revenue Officer, taxpayers in that situation would ask for a “courtesy levy” on the retirement because it avoids the 10% penalty on early withdrawal. If the RO could document the taxpayer contributed to the retirement the year they owed for, you could generally get the approval to levy and full pay.
Because that made logical sense, I believe there are now 84,312 hoops to jump thru to levy retirement
He should be able to loan against his home or his retirement either one, not lose retirement gains, and save money over what it would cost him to cash out, or work a plan with the IRS
@@JasonGroom he has sufficient assets (liquid 100K and home equity) that the IRS position will be full pay from assets.
For him to get an installment plan, if I were his RO, I would ask for $80k from cash (leaving him 20k) and borrow on home for remainder. He would need to submit a lender denial letter of a bona fide application. Then the retirement is next depending on what he still owes.
As a teacher you can be fired too for this sort of thing. Teachers sign a form when obtaining their teachers license agreeing to be held to a high standard of both professional and personal conduct.
Right, hopefully he keeps his mouth shut. Other professions are the same, pastors, etc
But not the president of the United States….
This is scary. Rich people pay politicians to make sure they get access to taxpayer funds first when banks shutter or they're in jeopardy of losing all their money. I feel bad for the lowest paid workers that may be affected, but not CEO's. A lot of them have created this abusive corporate pay structure where they are paid 300 to 400 times above the salary of entry level workers. Most add very little value. They posture and perform with speeches, meetings, and excessive travel to provide the appearance of working hard.
Very big con and that is why i have always maintained that people should never have their money in the bank! Get a financial advisor and even make so much more while saving!
Thank you for your advice, it's challenging to find a reliable investment advisor here. Seeing the success you have achieved through investing I would love to have access to your investment advisor.
I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Stacie up and send her a message. You've truly motivated me. God's blessings on you.
Marcus, the really bright side is Oklahoma City is in the process of building a brand new state of the art Prison System (as you already may know). It will still have that new smell. --Fellow OKC person
I would be thinking about “right sizing” my life. After the IRS resolution I would consider some lifestyle changes. A $500K home in Oklahoma is pretty substantial. You can still get nice there for less. That will also result in less taxes, utilities, and maintenance. You could wind up yet with a nice house, a retirement account, and cash.
I've been watching financial audit with Caleb on here and it is crazy the percentage of people that don't file taxes from just the ratio of ones on there and the random ones like this guy. That's why the government wants those 80k agents....
I was told that the IRS wants 80K agents so that they can kick the doors of honest hardworking Americans, not because the country is full of dumbasses who deserve to be investigated
The govt could try and tax Boeing & LM etc but nope
Or they could recoup the 7Bln they gave to build to EV charging stations that were never build or the hundreds of millions they gave to chip companies that make great profits.
They want to hassle the little guy to give the money to their rich friends.
@@sblijheidoh you noticed that too 😅
Income tax was deemed unconstitutional until the tyrants made the 16th amendment after 1913 im done paying. Idc. “Let us steal your money or we’ll fine you and throw you in a cage” lolololol and were free? Yeah okay
Cashing out retirement would be idiotic when he has 300k in home equity. That loan will be cheaper than the IRS fees and interest, and cheaper than the penalties and taxes from a cashing out retirement. That is not even mentioning the loss in growth and reduction at retirement time. If he can loan against a retirement, that could be an option, but this is one of the few times that a debt is going to be cheaper.
Hopefully the pros he hires tells him that too
Dave and Ken are the best duo lol 👍
Best line: that first 'Yes, Sir.'
He should have paid some amount and filed for extension and then another extension. The interest and punitive is on the unpaid amount plus interest.
Agree he needs a tax pro to deal with this so he doesnt have to deal with the IRS directly. Also if there's state taxes unfiled or past due, sometimes states will run amnesty programs that allow for reduced payoffs. A good CPA will be aware of such programs or other opportunities to reduce the tax burden or penalties.
Daym 4 years due bro 😳
You can negotiate as well .. Don't be a fool and try to lowball them . I cut mine in half . It was only $3600 . But i sent a check for a $1000 c to show I was serious with my offer . They said send another $800 ASAP and you are clear .. I got a paper cut writing the check that fast .. Just my personal experience .. But it worked . And you better not fail to follow through on any payment agreement .. Thery will crack you off..
They could force the sale of his house but unlikely if he's able to pay the $100k and work out a plan.
In the heirachy of IRS enforcement actions, getting to a primary residence is tough. Seizure required federal judge approval and is unlikely due to the mortgage. Foreclosing the federal tax lien is unlikely because he had others assets that are less invasive to levy and dont require the DOJ to file suit.
You dont want to be the RO recommending that and DOJ asks why you havent levied the liquid 100k and the retirement.
Source: my 15 years as an IRS Revenue Officer and now an Enrolled Agent in private practice
he probably owes 200k
@@russiasvechenaya58 agreed. Failure to file is 5% each month (caps at 25% of tax owed); failure to pay is 0.5% per month; interest compounds daily
@@briandfallon74like dave said its not illegal to not pay. Its illegal to not file. Stop handing these people your hard earned money out of fear lmao. Thats what they prey on
@@HoffyRS evasion is a criminal act. Just keep your records, file an accurate tax return and pay what is owed. Use every legal means available to reduce your bill, but pay your taxes. It’s not hard.
Render unto Caesar…
Ramsey is correct, file immediately!
Excellent advice. Get a tax professional NOW. A CPA or Enrolled Agent. They can help him get into compliance and get the debt taken care of. And by all means, DON'T listen to those scammers on TV.
I think I'd take out a heloc or something before cashing out retirement... Interest rates are 7% or something? Beats a 10% penalty plus taxes
As a business owner, writing that check for my tax bill sucks, but it would suck more to be in hot water with the gestapo, I mean the IRS. He will sleep better after he gets this sorted lol.
That's my favorite Christmas movie LOL
weird that he didn't inquire about the back story on why the caller blew off his taxes.
Some people just don't think about it. I met two people who just didn't bother.
I wonder if his salary was a w-2 which would have withholding or a 1099 where it would also be subject to self-employment tax. It could be OK or it could be awful.
Just waiting for the whole thing to come down... :)
I remember years ago, I worked for a company, and at one of the locations, some people were arrested that hadn't filed taxes.
I didn't do taxes for 10 years from the ages of 24-33 and at which time I was absolutely flat broke.
I was in the military for part of that time and driving a delivery truck for the rest.
I knew that I would have a refund owing to me for each year and the end result was that I was owed $22k and after the tax agent fees, I received around $20k.
I used $13k in 2003 as a deposit on a house which I still live in 20 years later.
After 5 years (2008) I used the equity in that house to build an investment property.
Then 10 years later I used the increased equity in both to buy another investment property (10 years because of the GFC which really slowed real estate growth).
Then in 2018, things really took off again with the real estate market here in South Australia, so 3 years later (in 2021) I had enough equity to build 2 more investment properties.
So in 20 years (2003 to 2023) I turned that $13k deposit into a real estate portfolio worth $2m with $1m owing.
You can achieve a lot in 20 years, no matter where you're starting from!
Thank you for your story.
You cannot get refunds older than 3 yrs in the US, but the IRS can charge you for 10yrs of back taxes.
@@sblijheid dang, that's unfair!
@@sblijheidfuck extortion
ive met a guy in his mid 30's, at work lol who has never filed, not once. lol this is canada so i dont know if that means anything but yeah, took me for a loop
My friend is a LVN hasn’t paid taxes since 2006! And he just purchased a house with 8% and 3000 monthly payment with 2 kids! 🤦🏻♂️
Good for them. Im 100% anti extortion
I've got a former coworker that didn't file taxes for the any of the years I worked with him - dunno what he's done since. He's into that that sovereign citizen baloney. Funny thing is he worked for a company that withheld taxes so he's probably out of pocket as much today as if he'd filed. I wonder if the IRS has caught up to him yet...
Sovereign citizen is an oxymoron. It was a term created by the southern poverty law center to demonize people who value freedom. Prior to 1913 income tax was deemed unconstitutional period. Then the tyrants made the 16th amendment. Fuck extortion 100% im done paying em. Come take the money
Most (not all) former and current athletes - current and former actors- current and former musicians/singers fall into the IRS trap! Why don't people think they do not have to pay taxes. There are also people that think they are a sovereign citizen that have the idea that they don't have to pay taxes or have a driver's license to drive a car on the road!
Sovereign citizen is an oxymoron. It was a term created by the southern poverty law center to demonize people who value freedom. Income tax was deemed unconstitutional before the tyrants enacted the 16th amendment its criminal af. “Let us steal your hard earned money or we’ll fine you or possibly even throw you in a cage” let that sink in
Sovcit is an oxymoron. You cant be sovereign and a citizen.
My father is always like a year behind in taxes (self employed) and it blows my mind.
I’m a former IRS Revenue Officer and current Enrolled Agent. Many self employed file extensions so that they can request an income transcript in June to ensure everything is reported.
If you have a refund due, there is no penalty charged - as failure to file and failure to pay are based on the amount of unpaid tax.
It’s not a prudent course to consistently file late. Does he have an Enrolled Agent?
I hope I don't get behind. I'm having trouble finding an accountant as mine is retiring. I've contacted about 10 of them, only 1 responded. I'm trying to avoid H and R block. it feels too complicated and risky to try to learn accounting and payroll myself. Having an S Corp, I need an accountant, and so does anyone who is self employed.
@@bobcantstandzyobitz9778 i did H&R block while doing 1099 work for Amazon it was pretty simple.
@@bobcantstandzyobitz9778H&R Block SUCKS!! I used them one year to file my taxes. They were horrible!
@@briandfallon74why work for such a criminal agency? “Let us steal your money or we’ll fine you or throw you in a cage” LMAO. Quite the extortion racket. I still dont get why people pay the shit. Its out of fear, were not all pussies
Do uber and then start writing off everything. lol
I’m here in the UK, we only have to do a tax return if we are self employed or a high earner, the majority of people who work for companies do not have to do this, the company takes the tax out of our pay every month & pays it to our Government.
Is there a reason why the US can’t do this?
Basically, what you describe is how it is in the U.S., too. This caller didn't do what you say you "have to do": file a tax return if you are self-employed (and especially if you are a high earner, as was my brother, a cellist who was a 1099, self-employed person for his entire career). You have to do this in the U.S., as well. But it's the "have" that got him: He simply decided, "I don't have to." This is the difference between being "in-law" and being "out-law." If you are a 1099 worker (that is, self-employed), you need to follow the law and file your taxes (it's common to file taxes quarterly if you're getting paid as a self-employed person) -- except if you decide to become an outlaw as the caller admitted. If you are "the majority of people who work for companies," yes, here in the U.S. "the company takes the tax out of your pay" every payday and turns it over to Uncle Sam (and the state you live in if there is a state-level income tax). This is how it was for me from 1967 through 2016 (a half-century). No, there is no reason "why the U.S. can't do this" because it does do this in virtually the same way as it does in the U.K. Rule Britannia!
Lobbyists.
So I’m confused. In the UK you can’t deduct charitable contributions, property taxes, mortgage interest to reduce your taxes? Our employers pay our taxes but very often we can get some back and if we increase our income by selling stocks etc then we owe more. How do you do that in the UK?
That’s basically how it works here too, but this guy had a small business or was an independent contractor and so had a more complex tax picture with an individual responsibility to manage and file. Even if you’re a typical single wage earner with just one normal job you still file and may be able to get some back because you had your company over withhold or because you have some credits and deductions. Also, obviously if you have multiple jobs the direct only system falters pretty quickly.
@@adamseidel9780, here in the UK, if you have multiple jobs, you still don’t have to do a tax return. We have a tax free income each year & we pay tax above that amount. With more than one job you just inform the tax office which job you want to use your allowance with.
We don’t have to file a tax return as an employee, but unbelievably many pensioners have to do a tax return as they have multiple incomes which aren’t taxed at source, even the state pension is taxable but paid untaxed.
If I was in situation, I would refinance the house to cash out, just enough to cover all the taxes owed or get personal loan.
And get rid of that 1.85% mortgage for a 6.5%?
@@aolvaar8792all of that goes out the window when you owe the IRS money
“I know I need to file those now…”
You needed to file them then bro…
Bro liked having 100k in the bank lol
Country fell in 1913 with income tax...
Country fell in 1776.
@@amireallythatgrumpy6508
Agree that George Washington was a rigged election to force federal government and the fake constitution on the people.
After Washington had his coup he used the military against people not wanting to pay them taxes in The Whiskey Rebellion.
People back then knew that taxation was slavery and Washington was a traitor.
Yup income tax was deemed unconstitutional before tyrants made the 16th amendment its pure extortion. Most are just scared and brainwashed into paying
What happens if your employer has never given you any tax forms for 10 years so you couldn't file?
Im terrified just listening to this. Uncle Sam is a SCARY man.
The state taxes owed might be worse than the federal, because the IRS will put you on a long-term payment plan, but my state, at least, only gives you a few months to come up with everything you owe OR ELSE.
Anyone else catch the part where he almost said politician but substituted public figure at the last second
Cash is king.
Better work a night job & weekend job to pay that off ASAP.
Moreover, all of the penalties and late fees on $100 or $200,000 - OMG.
Can’t agree with the grace thing. If they don’t have the feds at your door on April 16 then I’d call that grace.
So he all along he was filing taxes,,, coming 2020 and 21 he decided not to, file,,, taxes
So he call Dave to the rescue,,, makes sense,,👍
You can't hide for long from the IRS, this will follow you until it is resolved.
“Not paying taxes is not criminal act but not filing taxes is a crime.” Learn something important today 😮
You can legally tile taxes every two years long as they owe you money but if you owe them money it's a whole new situation.
Refi the house with cash out, that will come up with the rest, and leave retirement alone.
this is insanity.....
If you call and communicate with them they won’t force you to do anything. But you will be paying hefty fines…. Oh man what a mess
They can garnish your wages or go directly into your account and take your money. They don’t need to force you to do anything, they can take what they want from you without you doing anything at all.
@@adamseidel9780 you would
have to be grossly negligent and purposefully not paying your taxes. He would be a failure to file, and trust me he is on a list somewhere.
Money is dangerous, IRS and CRA , do not mess with them
I rather sell the house before liquidating the retirement account.
Rich people: I just won’t pay taxes legally by finding loopholes
Poor and middle class people: I just won’t file and pay
God bless America
🤣
Finding rich people that are breaking the law to not post though is nearly impossible. Don't like it, work to change the laws
What's wrong with exploiting loopholes?
Facts! 😂😂😂
Who do you think funds the government. It isn't the poor or lower middle class. It is people making more than $100k
Shit.
I haven't filed taxes since 2010.
What are the rules when you move out the USA ?
ABS always be selling.
He will owe more than 100k.
well of course but not a whole lot more than 100K he just won't have any savings or retirement left have to start over
Maybe this is a dumb/naive question but what possible reasons are there for people to not files taxes?
Probably anything you can fit in the "overwhelmed by life" category.
Mental health issues
That's too bad. Its my money, and they cannot be taxable.
Al Sharpton needs to call in...
100k in taxes for 2 years? At 250k income, he'll have to pay 100k each year prolly. The tax rates when you make a lot of money are outrageous
If he had proper tax withholding set up with his employer, he might not even owe anything. They're probably simple returns. Just file them, ASAP!
The $250k was commission based. He’s owe 30% of that
Not to mention whatever late fees he has accrued the past 3 years..!
@@butskiiueepp1625 if caller was a W-2 employee, then his employer should have withheld taxes on all of his income, including commissions. In that case, all he needs to do is file those returns and he probably won't owe much. The IRS may even owe him money! But if caller was a 1099 contractor, he's going to have a major tax bill.
IRS - it’s my $$$ and I want it Now…🤦🏾♂️
Good job Marcus admitting this in front of millions of listeners. Even better he told the IRS where he lives 😂😂😂
Lol IRS knows where everyone lives😂
He is coming foward to pay his dues are you paying attention?
@@jcherestalyes..relax bro
probably fake name and location
@@jcherestalpay his dues lololol. You mean extortion?
If someone is reading this help me understand if im fucked or not. I graduated highschool in 2020 i was 18 got a watehouse job and have been jus working since then im 21 now and have never filed am i going to owe?
😬😬 dude file your taxes
Dude WHY!!! Your 100 grand in gone between penalties and fees you're about to get rheemed!!DON'T MESS WITH THE IRS!!They even got Dave shook!!lol
He didn't pay any taxes at all? Was he an independent contractor?
Some employers let you without 100%
Sounds like he was...comission based, selling something...Its possible the employeer reported base oay but in thag type of job comission is probably 90% of everything you make
@@Dan16673 Sure, but the federally mandated default is filing as single plus zero allowances. So, if he didn't pay any federal income tax, then he must've set that up intentionally. Also, he said that he got paid commissions and there are different withholding requirements for bonuses and commissions.
Honestly, I wonder if this guy actually did pay taxes, but he just didn't file. It would almost have to be the case unless he was an independent contractor.
@@BrianW211 yeah. I wish theyd ask mote questions.
yeah I think he said 80% commission based @@countrymusicandcher8593
So when can we watch a video about the 11 bitcoin ETFs??
Didn’t file for 2020 and 2021, not since 2020.
The failure to file penalty on $100K won't be fun! The IRS is currently forgiving the Failure to Pay penalty for 2020 and 2021.
At least this guy has some hustle. He doesn’t sound lazy
Lol still avoided his legal obligations at the time though!
@@ykook7000He surely did!
@@ykook7000legal obligations lolololol. Income tax was deemed unconstitutional prior to 1913. I wonder what changed? Tyrants made the 16th amendment smh
You're employer sends your tax info already to the government. There's no need for you to file. Not less your self employed
I had a friend not file and pay taxes for 5yrs on 1099.
Now he working a regular job W2. IRS hasn't touched him yet.
Idk how long it takes them.
He has nothing today, lives with mom and dad 43yr old man ex military and hooking up with any girl he can
The IRS will more than likely catch up within the next year. They had a mass hiring spree, so audits are coming.
If he never filed, then the statute of limitations never begins to run. I've seen the IRS send notices more than 10 years later with 1M+ assessments. It's scary to not file.
Oh, they coming. Believe me.
The algo WILL find him
The funny thing is when ever I worked for a place that gave me a 1099 I never owed any money because I deducted everything I could for those jobs. My most recent employer that did that for a tutoring agency so I deduct my gas and mileage for driving to students and every penny I spent on supplies. I owed nothing by the time I was done. .
Wow, that’s basically a crime…
Totally noob and dumb question but: at what point is it worth to just leave the US lol? Pay the IRS 200k or transfer it and gtfo. Would be a nice buffer while you find work elsewhere. I'm wrong right!?
He aint wealthy enough
yeah because there aren't countries that aren't 3rd world 🤦🏾♀@novakd1530
1. The IRS can prepare a substitute return and create a lawful balance owed.
2. The IRS can direct the state department to action the passport.
3. Read on on the writ ne exeat republica and come back to apologize for how wrong you are or admit Dunning Kruger applies here.
@@briandfallon74 Dog I literally prefaced it by saying "noob and dumb question" and then followed it by saying how I know I'm wrong. Thats like, on the far-right side of the Dunning Kruger curve. I stated how little I know. You really searching for that gotcha moment huh?
America is just a 3rd world country with the internet. @novakd1530
The IRS usually ends up getting the money it wants.
*always
I haven't filed taxes in 10yrs- oh wait - I'm retired!!😮😅😅
You're not making enough in retirement.
Oh I make more than enough -live a nice comfortable lifestyle - wake up & not have to worry about working (was a Chef)-
I was taught & learned how to skirt the IRS & avoid paying taxes - nothing is in my name.
Remember over 200k IRS be looking like 👁️👄👁️ if you make under 50k IRS 🙈
He gonna owe 200k get a 100k home equity loan pay the irs and be done with it
Terrible advice
@@mightyminifarm or lose 40000$ in taxes by pulling 140k from 401k thats his only other option
At least you get to go to the fancy prison
If only everyone was like this guy, the irs can go away. Stop acknowledging their existence.
Why? Don't you think older people deserve social security? You want them to work until they die?
@@TSGracchus Yes. Maybe they should have saved a little. I’m 26 and I’m never going to get social security and I have to do it all myself. Would be even better if I wasn’t sponsoring other people’s lack of foresight while saving for my own retirement
How do you know you won't get sick or disabled one day just because you're 26 yrs old doesn't mean anything people get cancer or get hit by a bus every day don't be so high and mighty @@joelplatt2651
Romans 13:1 Let every person be subject to government authorities. For there is no authority except from God, and those that exist have been instituted. Verse 7: Render therefore to all their dues: tribute to those whom tribute is due.
@@TSGracchus you really think that’s a good argument? Lmao! First, social security is a Ponzi scheme. Second, it’s a TERRIBLE return on investment. Third, save your own money. There are plenty of ways to save money with compound interest. You’re clearly a product of public education. Sad.
This problem is bigger than the Ramsey Show. 😳
Why didnt he file taxes to begin with? Sounds weird
The KGB I mean the IRS hahahahaha
Our taxes aren't used to actually help
That's insane!
They will put you in jail if you dont pay what is owed if the amount is large enough
They're much more likely to just take their money from you.
nonsense. they want you to pay, it does them no good to put you in jail. they want you working and they want money.
@@twistedspine7300 tell that to wrdley snipes etc
Why would you go on here and say you haven’t pay taxes
The IRS is eatching like a hungry 🐺 😋.