tax ivasion question Georgia

[blatin]

I've filed exempt on my tax for a few years, I'm currently in repayment for 5 years. I never filed for 2006 and I have to file for 2007.The repayment was for 2003 and 2004 for about 10,000 and the next 2 years will be around 12,000 for 2006 and 2007. Will this automatically cancel out my repayment? Also how good are those tax lawyers where they renegotiate for pennies on the dollar?

I did this because when I moved from NY to GA, the pay was a lot lower and after a while it just became addicting.

[BOB W]

Hey NYer, this problem is not going to go away. And yes it will void your payment agreement for not filing a tax return when due. You need to file all your tax returns immediately and then meet with the IRS to solve you going forward problem as well as your look-back problems.

You need to have enough withheld to solve your going forward problem. You need to evaluate your current living standard and who in the household needs to get a job and/or for you to get a second job. Catchup is a bit** but that is the price you pay when you act carelessly.

You will be supprised at the amount of help you can get from the IRS. After they evaluate you financial status they may offer some financial discounts. I don't have much faith in those national firms who say "pennies on the dollar". It only works when there is a true financial or medical need, among some other issues.

If you want to help yourself prior to meeting with the IRS, readup on "Offers In Compromise" so that you can ask the right questions when in the IRS office.

Here is a starting point. http://www.irs.gov/pub/irs-pdf/f656.pdf

Here is IRS's warning on "Pennies on the dollar" promoters: http://www.irs.gov/newsroom/article/...120169,00.html

Google this>>> offers in compromise

[blatin]

Hey NYer, this problem is not going to go away. And yes it will void your payment agreement for not filing a tax return when due. You need to file all your tax returns immediately and then meet with the IRS to solve you going forward problem as well as your look-back problems.

You need to have enough withheld to solve your going forward problem. You need to evaluate your current living standard and who in the household needs to get a job and/or for you to get a second job. Catchup is a bit** but that is the price you pay when you act carelessly.

You will be supprised at the amount of help you can get from the IRS. After they evaluate you financial status they may offer some financial discounts. I don't have much faith in those national firms who say "pennies on the dollar". It only works when there is a true financial or medical need, among some other issues.

If you want to help yourself prior to meeting with the IRS, readup on "Offers In Compromise" so that you can ask the right questions when in the IRS office.

Here is a starting point. http://www.irs.gov/pub/irs-pdf/f656.pdf

Here is IRS's warning on "Pennies on the dollar" promoters: http://www.irs.gov/newsroom/article/...120169,00.html

Google this>>> offers in compromise

thanks a lot

[DaveO]

Bob W gave excellant advice

I would add for 433a and 433b to the list. These are used to determine collection potential for the IRS.