/biz/ - Business & Finance

>120k salary
>70k take home after insurance,taxes,401k

i sold at the dip

WHAT WAS THAT???
I AM SO TIRED ANONS
THESE BAGS ARE SO HEAVY I FORGET WHAT IT'S LIKE TO LIVE WITHOUT THIS WEIGHT

IRS says my company owes $700k for not withholding from 1099 contractors but that would put me out of business.

I just received notice for this for 2017 & 2018 saying they are amending forms 945. I tried to get the TIN but some did not respond so I filed some 1096s without TIN. I was told that was the proper thing to do, but feel now it would have been better to not do that. (Penalty for not issuing 1099 is less than failure to withhold).

I have most W9s by now, but received them after filing the 1096. Curious if anyone has experience in this area. A local CPA firm thats been around 50 yrs has never seen this issue.

Also I only have 30 days to respond which will be tough given time of year. What are chances of getting extension of time?

What happens if we cannot locate the contractor? Am I really liable for their tax withholdings? How would that work if I still do not have TIN?

>>14849367
(continued)
and the worst of all
>tfw on probation with curfew for ALL of high school from age 14

No cell phone, no computer, no friends, smartphones didn't exist, couldn't afford one anyways

I went to the same grade 1-12 school for bad kids during middle school and high school where over 90% of the students were african american when I started. And 97% of students were male. Several crack dealers. Students parked stolen cars in the apartment complex across from the school as their ride after school. DEA arrested one of my 16 year old afircan american classmates and I never saw him again, he was big time though. He also raped one of the only 2 girls I ever had class with, the 3 of us were in the same class. After someone got shot because of a lunch room fight we were never allowed to eat in the lunch room again (we had assigned tables in lunch room before that) then we got metal detectors and we already had random drug dog sweeps. I remember the dog coming through and niggas running out of class and jumping the fence that surrounded the school.
Middle school and high school was truly awful in my shoes. I do not miss it.

I still don't understand. Someone please give me a legitimate answer.

Only 300x to make it...

I own 1.21 libra on dobi now where can I get more?

I lost everything