Reply
 
Thread Tools Display Modes
  #1  
Old 12-20-2009, 02:00 PM
Clyd Clyd is offline
Junior Member
 
Join Date: Dec 2009
Posts: 28
Default Penalties For Not Paying Tax
What are the common penalties for not paying taxes?

I know about paying extra money and jail time. How do they compute the penalty? Is it by how much you have to pay or the time that have been passed after the deadline of paying taxes?
Reply With Quote
  #2  
Old 01-22-2010, 11:15 AM
jamessol jamessol is offline
Junior Member
 
Join Date: Jan 2010
Posts: 22
Default
I think there is a certain percentage multiplied to what you owe plus additional interests and surcharges. Why ask?Its start of 2010, don't start the year asking how to do tax avoidance.
Reply With Quote
  #3  
Old 01-27-2010, 04:22 PM
abuzar345 abuzar345 is offline
Junior Member
 
Join Date: Jan 2010
Posts: 22
Default
Well there are lot of penalties may be occurred depending upon which type of tax you are evasion. Like property tax have other implications and income tax have other.
__________________
check this store you can buy things with a very cheap price

To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
Reply With Quote
  #4  
Old 12-30-2010, 07:15 AM
kinah3 kinah3 is offline
Senior Member
 
Join Date: Dec 2010
Posts: 131
Default
Well, you need to continuous in your work
__________________
check this store you can buy things with a very cheap price

To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
Reply With Quote
  #5  
Old 03-20-2011, 10:10 AM
richard555 richard555 is offline
Junior Member
 
Join Date: Mar 2011
Posts: 13
Default
There are fixed penalties and they will also ask for some interest on top of the money you owe them.
Reply With Quote
  #6  
Old 03-20-2011, 01:50 PM
Mardo Mardo is offline
Junior Member
 
Join Date: Mar 2011
Location: Australia
Posts: 15
Default
You can ask for tax service assistance to ensure tax debt penalties settlement.
Reply With Quote
  #7  
Old 03-24-2011, 01:47 PM
healthtourism healthtourism is offline
Member
 
Join Date: Mar 2011
Posts: 57
Default
Extra money and jail time is it not enough for you?
__________________
check this store you can buy things with a very cheap price

To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
Reply With Quote
  #8  
Old 07-17-2011, 06:45 AM
Kaczmarek Kaczmarek is offline
Junior Member
 
Join Date: Jul 2011
Posts: 11
Default
If taxes are not paid, and no effort is made to pay them, the IRS can ask a taxpayer to take action to pay the taxes, such as selling or mortgaging any assets owned or getting a loan. If effort is still not made to pay the bill, or make other payment arrangements, the IRS could also take more serious enforced collection action, such as levying bank accounts, wages, or other income, or taking other assets. A Notice of Federal Tax Lien could be filed that may have a detrimental effect on a taxpayer?s credit standing.
__________________
check this store you can buy things with a very cheap price

To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
Reply With Quote
  #9  
Old 07-18-2011, 03:01 PM
statementsupp statementsupp is offline
Junior Member
 
Join Date: Jul 2011
Posts: 6
Default
the answer above is the best in this post. I think it's unlikely you'd face jail time.
Reply With Quote
  #10  
Old 07-21-2011, 06:51 AM
ddi ddi is offline
Junior Member
 
Join Date: Jul 2011
Posts: 3
Default
maybe its not the thread topic, but how do you deal with your tax payments?

the business application can calculate the tax amounts?
you contract a tax specialist to help you?
you use an online tax service to calculate?

i would like to know what’s the best practice as far my small business get big
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

 
Latest Threads
- by Brients

Advertisement



All times are GMT. The time now is 01:02 PM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2020, vBulletin Solutions, Inc.