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    erbelady's Avatar
    erbelady Posts: 5, Reputation: 1
    New Member
    		  
    #1

    Oct 16, 2007, 09:42 PM
    Confused about what Boss is telling Me
    I am trying to find out if my boss is lying to me. I work for a company that is in charge of a franchise of small restaurants. I work for the owner. He pays taxes 4 times a year. This last payment he is late on and is trying to tell me he is going to jail for not paying. I do not think this is right. He has never been late before and I know the IRS will work with him on a payment plan. Is he just trying to scare us all and make us feel bad or is there a chance he could really go to jail for this? Any help would be great! Thank you!
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Oct 17, 2007, 06:35 AM
    One can go to jail for tax evasion, but not for just being late.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
    		  
    #3

    Oct 17, 2007, 07:56 AM
    Hello e:

    Or one can go to jail for other things, and then lie about the reason he's going.

    excon
    erbelady's Avatar
    erbelady Posts: 5, Reputation: 1
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    #4

    Oct 17, 2007, 08:14 AM
    Would it be tax evasion if he is just late on payments?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #5

    Oct 17, 2007, 08:15 AM
    No, tax evasion is a willful mistatement of earnings to reduce tax liability.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #6

    Oct 17, 2007, 08:27 AM
    It is MOST unlikely that he is subject to a jail term for filing his Employer Taxes (Form 941) late. If that was the case, a fair number of my clients would be locked up.
    erbelady's Avatar
    erbelady Posts: 5, Reputation: 1
    New Member
    		  
    #7

    Oct 17, 2007, 10:48 PM
    So if he is late will the IRS work with him on payment arrangements?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #8

    Oct 18, 2007, 06:23 AM
    Or they attach a business account or other asset.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #9

    Oct 18, 2007, 05:48 PM
    Attaching business assets or garnishing financial accounts are actions of last resort.

    The IRS gets NOTHING by locking people up. By working with people on payment plans, they GET THE MONEY!
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