Taxes

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There is another thread running now. It seems important, so the subject of tax came up, I (this once) don't want to derail that one.Months ago, VT Department of Taxes sent a letter. My quarterly employee tax withholding payment had been filed with the wrong form. They were considering it to not have been filed. I paid on time, but accompanied by the old form. VT says wrong form= not filed. The difference between old form, and new form is reporting the minority status of my employees. I have one employee! He (by chance it's a he, I have no daughters), is my son. Nancy did give me an ANCESTRY.COM DNA test to determine my ethnic background. I'll have to send it in. I hope I'm Eskimo, or equally minority. There is no way VT is going to accept 100% of my company being of the same ethnic background. Maybe Seth's genetics are different enough by virtue of his mother being the adopted daughter of a Norwegian? If not, I'm going to jail!The day I received the first letter I called my tax preparer He said he'd deal with it. A week later I received a call from the State. I said I had asked my tax preparer to deal with the matter. I asked if he had been in contact. The caller said she was not allowed to say. Monday I received a letter. Since I was delinquent on my filing, I was being assessed a fine of $2999.99. On a side note, I recently got a call from my younger son. My niece married a man named Heikki. Zack has known him since birth. At age 25 Zachary asks: "Level with me, Is Heikki black?""Zachary, he's 6'7" tall. His palms, and soles are white. He can wrap one hand around a basketball, and touch finger to thumb. You've never seen his hair more than 1/2" long, but it is always curly. AND he got a full basketball scholarship at Green Mountain College, with a heap of perks. I don't know, you figure it out."An optimist is usually wrong, and when the unexpected happens is unprepared. A pessimist is usually right, when wrong, is delighted, and well prepared.
Reply:And, I'll bet the tax check has been deposited or cashed or whatever, BUT they, you know, THOSE GUYS, don't have a clue how your payment was credited. I went through this in 2010 with the Feds, I had made arrangements for some delinquent payroll taxes, was paying nearly $400.00 a month for about 4 years, and when the agent showed up one day that money was NOWHERE to be found, I got lucky because I was incorporated and could only be held liable for $8600.00, haven't heard anymore from them.IMPEACH BIDEN!NRA LIFE MEMBERUNITWELD 175 AMP 3 IN1 DCMIDSTATES 300 AMP AC MACHINEGOD HELP AMERICA!“Freedom is never more than one generation away from extinction.We didn’t pass it to our children in the bloodstream".RONALD REAGAN
Reply:

Originally Posted by Willie B

There is another thread running now. It seems important, so the subject of tax came up, I (this once) don't want to derail that one.Months ago, VT Department of Taxes sent a letter. My quarterly employee tax withholding payment had been filed with the wrong form. They were considering it to not have been filed. I paid on time, but accompanied by the old form. VT says wrong form= not filed. The difference between old form, and new form is reporting the minority status of my employees. I have one employee! He (by chance it's a he, I have no daughters), is my son. Nancy did give me an ANCESTRY.COM DNA test to determine my ethnic background. I'll have to send it in. I hope I'm Eskimo, or equally minority. There is no way VT is going to accept 100% of my company being of the same ethnic background. Maybe Seth's genetics are different enough by virtue of his mother being the adopted daughter of a Norwegian? If not, I'm going to jail!The day I received the first letter I called my tax preparer He said he'd deal with it. A week later I received a call from the State. I said I had asked my tax preparer to deal with the matter. I asked if he had been in contact. The caller said she was not allowed to say. Monday I received a letter. Since I was delinquent on my filing, I was being assessed a fine of $2999.99. On a side note, I recently got a call from my younger son. My niece married a man named Heikki. Zack has known him since birth. At age 25 Zachary asks: "Level with me, Is Heikki black?""Zachary, he's 6'7" tall. His palms, and soles are white. He can wrap one hand around a basketball, and touch finger to thumb. You've never seen his hair more than 1/2" long, but it is always curly. AND he got a full basketball scholarship at Green Mountain College, with a heap of perks. I don't know, you figure it out."
Reply:

Originally Posted by CAVEMANN

And, I'll bet the tax check has been deposited or cashed or whatever, BUT they, you know, THOSE GUYS, don't have a clue how your payment was credited. I went through this in 2010 with the Feds, I had made arrangements for some delinquent payroll taxes, was paying nearly $400.00 a month for about 4 years, and when the agent showed up one day that money was NOWHERE to be found, I got lucky because I was incorporated and could only be held liable for $8600.00, haven't heard anymore from them.
Reply:I sincerely hate most of the Eastern states in our great country for all the liberal politics, I am blessed to live in a conservative state, at least for the time being.IMPEACH BIDEN!NRA LIFE MEMBERUNITWELD 175 AMP 3 IN1 DCMIDSTATES 300 AMP AC MACHINEGOD HELP AMERICA!“Freedom is never more than one generation away from extinction.We didn’t pass it to our children in the bloodstream".RONALD REAGAN
Reply:

Originally Posted by William McCormick

...Since only failed boobs need to collect taxes in the first place, if you go ballistic I will understand. Sincerely, William McCormick
Reply:Thank You I hadn’t heard Boobs-alot in about 50 years.  I heard the Fugs version.Miller a/c-d/c Thunderbolt XLMillermatic 180 Purox O/ASmith Littletorch O/AHobart Champion Elite
Reply:

Originally Posted by CAVEMANN

I sincerely hate most of the Eastern states in our great country for all the liberal politics, I am blessed to live in a conservative state, at least for the time being.
Reply:

Originally Posted by oldwino

Hate to tell ya but California liberals are leaving so the can get away from high taxes.  Taking their lib think with them though
Reply:

Originally Posted by CAVEMANN

Yeah, they can stuff their liberalism right where the sun no shiney no more. Their ideas are the exact reason their taxes are so high!
Reply:VT Public Radio is second only to VT Legislature in furthering liberal/socialist thought. Last week they spent hours discussing Millennial Burnout. It seems millennials are stressed with keeping up with all the social media, while having to meet obligation life throws at them. More than one panelist felt government should shoulder some of their burden, relieving them of their obligations.One panelist advocated the overthrow of the capitalist system as a solution. Among several, only one thought that was a bad idea.An optimist is usually wrong, and when the unexpected happens is unprepared. A pessimist is usually right, when wrong, is delighted, and well prepared.