All you have to do is ask him to email you some of the links that he is reading, wait a day or two after getting the email and reply advising him against following the advice within those links. He probably won't think anything of it and you'll get what you need in writing.lorne wrote:Yes i hear you on the "in writing" bit, but thing is we are friends somewhat, treading a fine line here.
Quickbooks withholds zero federal tax
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Re: Quickbooks withholds zero federal tax
When chosen for jury duty, tell the judge "fortune cookie says guilty" - A fortune cookie
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Re: Quickbooks withholds zero federal tax
And there is always the chance that when he gets in real trouble he'll come to you to get him out and you can rack up big fees to do it!!!
Supreme Commander of The Imperial Illuminati Air Force
Your concern is duly noted, filed, folded, stamped, sealed with wax and affixed with a thumbprint in red ink, forgotten, recalled, considered, reconsidered, appealed, denied and quietly ignored.
Your concern is duly noted, filed, folded, stamped, sealed with wax and affixed with a thumbprint in red ink, forgotten, recalled, considered, reconsidered, appealed, denied and quietly ignored.
Re: Quickbooks withholds zero federal tax
No I won't be signing his returns until I can bring him around. Today we had a nice little chat or negotiation as it were. Told him of the dangerous path he was on, yada, yada - that I will put my objections in writing unless... No problem, he says, just read the books to see where Im coming from. Well I agreed to read one of them just to be charitable.
thanks, Lorne
thanks, Lorne
Re: Quickbooks withholds zero federal tax
I don't know if you're reading the other threads, but Simkanin has his own thread with a link in the third or fourth post that gives a little basic information on the original charges.lorne wrote: So you're saying both he and employees (who did nothing wrong) will be in hot water - employees get interest & penalties for underwithholding, and same for him with possible crim. charges added like Richard Simkanin. I will look him up.
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Re: Quickbooks withholds zero federal tax
Taking one for the team?lorne wrote:No I won't be signing his returns until I can bring him around. Today we had a nice little chat or negotiation as it were. Told him of the dangerous path he was on, yada, yada - that I will put my objections in writing unless... No problem, he says, just read the books to see where Im coming from. Well I agreed to read one of them just to be charitable.
thanks, Lorne
Supreme Commander of The Imperial Illuminati Air Force
Your concern is duly noted, filed, folded, stamped, sealed with wax and affixed with a thumbprint in red ink, forgotten, recalled, considered, reconsidered, appealed, denied and quietly ignored.
Your concern is duly noted, filed, folded, stamped, sealed with wax and affixed with a thumbprint in red ink, forgotten, recalled, considered, reconsidered, appealed, denied and quietly ignored.
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Re: Quickbooks withholds zero federal tax
Gregg wrote:Taking one for the team?lorne wrote:No I won't be signing his returns until I can bring him around. Today we had a nice little chat or negotiation as it were. Told him of the dangerous path he was on, yada, yada - that I will put my objections in writing unless... No problem, he says, just read the books to see where Im coming from. Well I agreed to read one of them just to be charitable.
thanks, Lorne
Guess he can't close his eyes and think of England, or whatever, unless it's an audiobook.
Goodness is about what you do. Not what you pray to. T. Pratchett
Always be a moving target. L.M. Bujold
Always be a moving target. L.M. Bujold
Re: Quickbooks withholds zero federal tax
If you've already sent him this link:
http://tpgurus.wikidot.com/peter-hendrickson
and he's still not persuaded there's absolutely nothing you can do. I remember reading an article in the NY Times last year about a scientific study that found that once people really believe something strongly, even if it's demonstrably wrong, trying to convince them they're wrong actually makes them believe it more fervently.
http://tpgurus.wikidot.com/peter-hendrickson
and he's still not persuaded there's absolutely nothing you can do. I remember reading an article in the NY Times last year about a scientific study that found that once people really believe something strongly, even if it's demonstrably wrong, trying to convince them they're wrong actually makes them believe it more fervently.
Re: Quickbooks withholds zero federal tax
Yes Ive sent him that link and several others. Tells me they are part of controlled opposition or something. Im not ready to call him crazy, not like the Simkanin guy anyway, not with all that he's accomplished in life.
Im open-minded yet skeptical. I've started on the shorter book, doesn't look as amateurish as the other one.
thanks
PS. This came in my inbox, what is the significance?
"Very superstitious, Writing on the wall
Very superstitious, Ladder's 'bout to fall
When you believe in things that you don't understand
Then you suffer, superstition ain't the way
Very superstitious, nothing more to say
Very superstitious, devil's on his way
13 month old baby, broke that looking glass
Seven years of bad luck, good things in the past
When you believe in things that you don't understand
You will suffer, superstition ain't the way
No, no, no, no"
Im open-minded yet skeptical. I've started on the shorter book, doesn't look as amateurish as the other one.
thanks
PS. This came in my inbox, what is the significance?
"Very superstitious, Writing on the wall
Very superstitious, Ladder's 'bout to fall
When you believe in things that you don't understand
Then you suffer, superstition ain't the way
Very superstitious, nothing more to say
Very superstitious, devil's on his way
13 month old baby, broke that looking glass
Seven years of bad luck, good things in the past
When you believe in things that you don't understand
You will suffer, superstition ain't the way
No, no, no, no"
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Re: Quickbooks withholds zero federal tax
Something tells me that Harvester sent it. If so, just roll your eyes and delete it.lorne wrote:PS. This came in my inbox, what is the significance?
"Very superstitious, Writing on the wall
Very superstitious, Ladder's 'bout to fall
When you believe in things that you don't understand
Then you suffer, superstition ain't the way
Very superstitious, nothing more to say
Very superstitious, devil's on his way
13 month old baby, broke that looking glass
Seven years of bad luck, good things in the past
When you believe in things that you don't understand
You will suffer, superstition ain't the way
No, no, no, no"
When chosen for jury duty, tell the judge "fortune cookie says guilty" - A fortune cookie
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Re: Quickbooks withholds zero federal tax
lorne wrote:
"Very superstitious, Writing on the wall
Very superstitious, Ladder's 'bout to fall
When you believe in things that you don't understand
Then you suffer, superstition ain't the way
Very superstitious, nothing more to say
Very superstitious, devil's on his way
13 month old baby, broke that looking glass
Seven years of bad luck, good things in the past
When you believe in things that you don't understand
You will suffer, superstition ain't the way
No, no, no, no"
That's part of the lyrics to "Superstition" by Stevie Wonder.
Three cheers for the Lesser Evil!
10 . . . . . . . . . . . . . . . 2
. . . . . . Dr Pepper
. . . . . . . . . . . . . . .. . . 4
10 . . . . . . . . . . . . . . . 2
. . . . . . Dr Pepper
. . . . . . . . . . . . . . .. . . 4
Re: Quickbooks withholds zero federal tax
Your client is delving in superstition?lorne wrote:
thanks
PS. This came in my inbox, what is the significance?
Re: Quickbooks withholds zero federal tax
Well it looks like I'll be losing this client. Says he plans to fold the company (an S-Corp) June 30 and re-open July 1 doing the same business. Says he was duped into signing up for the corporation. But he's not blaming me (too much) and will pay all taxes due for the corp.
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Re: Quickbooks withholds zero federal tax
Hey, tell him to tell pete 'Hi there" for all of us when he see him!lorne wrote:Well it looks like I'll be losing this client. Says he plans to fold the company (an S-Corp) June 30 and re-open July 1 doing the same business. Says he was duped into signing up for the corporation. But he's not blaming me (too much) and will pay all taxes due for the corp.
Supreme Commander of The Imperial Illuminati Air Force
Your concern is duly noted, filed, folded, stamped, sealed with wax and affixed with a thumbprint in red ink, forgotten, recalled, considered, reconsidered, appealed, denied and quietly ignored.
Your concern is duly noted, filed, folded, stamped, sealed with wax and affixed with a thumbprint in red ink, forgotten, recalled, considered, reconsidered, appealed, denied and quietly ignored.
Re: Quickbooks withholds zero federal tax
If you have a way of contacting his employees, I'd advise them to make estimated payments if he still refuses to withhold for them. Like I said earlier, it will save them headaches later, and he will be the only one taking the fall once this all catches up to him.lorne wrote:Well it looks like I'll be losing this client. Says he plans to fold the company (an S-Corp) June 30 and re-open July 1 doing the same business. Says he was duped into signing up for the corporation. But he's not blaming me (too much) and will pay all taxes due for the corp.
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Re: Quickbooks withholds zero federal tax
I don't know that Lorne can legally do that without permission from the client. Internal Revenue Code section 7216 could very well apply -- making it a criminal offense to even discuss this with the employees without permission. Subsection (a) of section 7216 provides:LOBO wrote:If you have a way of contacting his employees, I'd advise them to make estimated payments if he still refuses to withhold for them. Like I said earlier, it will save them headaches later, and he will be the only one taking the fall once this all catches up to him.lorne wrote:Well it looks like I'll be losing this client. Says he plans to fold the company (an S-Corp) June 30 and re-open July 1 doing the same business. Says he was duped into signing up for the corporation. But he's not blaming me (too much) and will pay all taxes due for the corp.
--from 26 USC sec. 7216 (emphasis added).(a) Any person who is engaged in the business of preparing, or providing services in connection with the preparation of, returns of the tax imposed by chapter 1, or any person who for compensation prepares any such return for any other person, and who knowingly or recklessly—
(1) discloses any information furnished to him for, or in connection with, the preparation of any such return, or
(2) uses any such information for any purpose other than to prepare, or assist in preparing, any such return,
shall be guilty of a misdemeanor, and, upon conviction thereof, shall be fined not more than $1,000, or imprisoned not more than 1 year, or both, together with the costs of prosecution.
There are exception to that rule in subsection (b):
I'm not sure any of the exceptions would apply here.(b) Exceptions
(1) Disclosure
Subsection (a) shall not apply to a disclosure of information if such disclosure is made—
(A) pursuant to any other provision of this title, or
(B) pursuant to an order of a court.
(2) Use
Subsection (a) shall not apply to the use of information in the preparation of, or in connection with the preparation of, State and local tax returns and declarations of estimated tax of the person to whom the information relates.
(3) Regulations
Subsection (a) shall not apply to a disclosure or use of information which is permitted by regulations prescribed by the Secretary under this section. Such regulations shall permit (subject to such conditions as such regulations shall provide) the disclosure or use of information for quality or peer reviews.
"My greatest fear is that the audience will beat me to the punch line." -- David Mamet
Re: Quickbooks withholds zero federal tax
If he's dumping you, might be a good time to take a look at the whistleblower program.
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Re: Quickbooks withholds zero federal tax
And the whistleblower program might be one of the exceptions per 7216(b) (I don't know).Nikki wrote:If he's dumping you, might be a good time to take a look at the whistleblower program.
One issue would be: Is Lorne being asked to prepare INCOME tax returns for the client, or PAYROLL tax returns. Income tax returns would be returns of taxes imposed under "Chapter 1" of the Code, while 941s and 940s would not be.
I wonder if there is some other Code provision restricting the ability of a tax return preparer to disclose information in connection with tax returns of taxes imposed by provisions OTHER than Chapter 1.
"My greatest fear is that the audience will beat me to the punch line." -- David Mamet
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Re: Quickbooks withholds zero federal tax
Of course, all employers are required to withhold FICA and income taxes, regardless of whether the employer is an individual (sole proprietorship), corporation, partnership, trust, or whatever.lorne wrote:Well it looks like I'll be losing this client. Says he plans to fold the company (an S-Corp) June 30 and re-open July 1 doing the same business. Says he was duped into signing up for the corporation.
But the delusional never let reality get in their way.
Dan Evans
Foreman of the Unified Citizens' Grand Jury for Pennsylvania
(And author of the Tax Protester FAQ: evans-legal.com/dan/tpfaq.html)
"Nothing is more terrible than ignorance in action." Johann Wolfgang von Goethe.
Foreman of the Unified Citizens' Grand Jury for Pennsylvania
(And author of the Tax Protester FAQ: evans-legal.com/dan/tpfaq.html)
"Nothing is more terrible than ignorance in action." Johann Wolfgang von Goethe.
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Re: Quickbooks withholds zero federal tax
He was duped!!!! into signing for the corporation??? I can see where this is going, and it isn't to a good or happy ending.lorne wrote:Well it looks like I'll be losing this client. Says he plans to fold the company (an S-Corp) June 30 and re-open July 1 doing the same business. Says he was duped into signing up for the corporation. But he's not blaming me (too much) and will pay all taxes due for the corp.
So if he is folding the S-Corp, what is he coming back as? Monopoly money?
Lobo has a very good, and very serious point, the employees should be warned of the consequences of their employer's actions come tax time next year, or it won't be a happy time for them at all?
Would it be a violation if only general information, like employers are required to withold and that in the event it isn't then the employee would be liable come tax time, that surely isn't discussing anything to do with the tax return, but is general knowledge, at least for some, and does only refer to general status, along with the disclaimer that if they have any concerns they should speak with a tax professional or call the IRS help line.
The fact that you sincerely and wholeheartedly believe that the “Law of Gravity” is unconstitutional and a violation of your sovereign rights, does not absolve you of adherence to it.
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Re: Quickbooks withholds zero federal tax
Closing the corporation may actually end up helping the employees to know what has (or has not) been withheld for taxes so far this year.
From Special Reporting Situations for Form W-2 at http://www.irs.gov/instructions/iw2w3/ch01.html#d0e686
If I understand the situation correctly, the business owner is planning to comply with the filing requirements of the corporation. Hopefully that will include the timely sending (by July 31) of the W-2s to the employees.
Perhaps lorne can get the owner to include information on estimated tax in the envelope with the W-2.
From Special Reporting Situations for Form W-2 at http://www.irs.gov/instructions/iw2w3/ch01.html#d0e686
So, the W-2s should be provided to the employees by July 31 if the business closes on June 30.Terminating a business. If you terminate your business, you must provide Forms W-2 to your employees for the calendar year of termination by the due date of your final Form 941. You also must file Forms W-2 with the SSA by the last day of the month that follows the due date of your final Form 941. If filing on paper, make sure you obtain Forms W-2 and W-3 preprinted with the correct year. If filing electronically, make sure your software has been updated for the current tax year.
If I understand the situation correctly, the business owner is planning to comply with the filing requirements of the corporation. Hopefully that will include the timely sending (by July 31) of the W-2s to the employees.
Perhaps lorne can get the owner to include information on estimated tax in the envelope with the W-2.
“Where there is an income tax, the just man will pay more and the unjust less on the same amount of income.” — Plato