Here's some help on paying your taxes: visit http://losthorizons.com and see the testimonials, read the "Bob's Bicycles" article, and learn about form 4852. Buy Pete Hendrickson's book "Cracking the Code" for $25 from the site, and read it. I just finished it, and am blown away by how "hidden in plain sight" our convoluted, but legal, taxation system is.
The gist of it is: if you aren't paid by government, then you don't owe any taxes. "Internal" Revenue Service means "internal" to the government. Those whose paycheck isn't written by a government agency, do not owe any taxes. Their employer is actually committing a crime when they write W2s indicating that the employee "earned wages" because wages are specifically defined in the tax code as being monies paid by government.
It's a system of "voluntary compliance" because you truly do not need to comply! It is set up such that non-taxpayers can elect to be treated as taxpayers, and that's exactly what happens when you file the documents given to you by your employer (or 1099s if you're self-employed, or have a stock account).
This is too small a space to describe it completely. Pete's site has a lot of good info, and of course I recommend his book as well. Good luck to you!
Here's some help on paying your taxes: visit http://losthorizons.com and see the testimonials, read the "Bob's Bicycles" article, and learn about form 4852. Buy Pete Hendrickson's book "Cracking the Code" for $25 from the site, and read it. I just finished it, and am blown away by how "hidden in plain sight" our convoluted, but legal, taxation system is.
The gist of it is: if you aren't paid by government, then you don't owe any taxes. "Internal" Revenue Service means "internal" to the government. Those whose paycheck isn't written by a government agency, do not owe any taxes. Their employer is actually committing a crime when they write W2s indicating that the employee "earned wages" because wages are specifically defined in the tax code as being monies paid by government.
It's a system of "voluntary compliance" because you truly do not need to comply! It is set up such that non-taxpayers can elect to be treated as taxpayers, and that's exactly what happens when you file the documents given to you by your employer (or 1099s if you're self-employed, or have a stock account).
This is too small a space to describe it completely. Pete's site has a lot of good info, and of course I recommend his book as well. Good luck to you!
it must be nice ! I have not gotten a whale up vote in a very long time !!! All! Good luck !