so how hard did you get hit with tax penalties?

Discussion in 'The Bar' started by Shivvy, Feb 2, 2015.

  1. Shivvy

    Shivvy 100k Post Club

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    i got my insurance around June. I got hit with a $300 penalty for not having it all year
     
  2. BaddFunn

    BaddFunn Kick ass fuck yeah VIP

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    no penalties because I just gave them all my profits :party:
     
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  3. Shivvy

    Shivvy 100k Post Club

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    i get a $3600 return though :dancin:
     
  4. BaddFunn

    BaddFunn Kick ass fuck yeah VIP

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    No BS I sent them $21,500 for the 4th quarter. :mad:
     
  5. Shivvy

    Shivvy 100k Post Club

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    damn, bro. thats a lot
     
  6. Sea Slob

    Sea Slob Well-Known Member

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    Gonna go see my CPA Nate next month @walterHwhite

    He's great at keeping my taxes below 20%, lots of loopholes for us wealthy biz owners @Satori Brah
     
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  7. BrulesRules

    BrulesRules Just grab 'em in the biscuits

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    0.0
     
  8. BaddFunn

    BaddFunn Kick ass fuck yeah VIP

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    you're telling me :nocheer:
     
  9. gwartney

    gwartney Unafilliated Gold

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    I figured out how to really fuck over the IRS. I barely earned anything this year so my taxes will be so low.
     
  10. WillyBest

    WillyBest Achiever Gold

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    :lol: Poor people... I paid about 10 times that in taxes.
     
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  11. BaddFunn

    BaddFunn Kick ass fuck yeah VIP

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    Thanks for making me feel better. :woot:
     
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  12. WillyBest

    WillyBest Achiever Gold

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    :lol: I'd rather have paid what you paid!
     
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  13. WillyBest

    WillyBest Achiever Gold

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    That's chump change. I thought you owned your own business? What did you gross last year?
     
  14. Shivvy

    Shivvy 100k Post Club

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    none of your business :fil:
     
  15. WillyBest

    WillyBest Achiever Gold

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    You can ballpark it, no one cares, I'm not the IRS.
     
  16. BaddFunn

    BaddFunn Kick ass fuck yeah VIP

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    How the hell does someone who owns their own business get a tax return? o_O
     
  17. Satori Brah

    Satori Brah Well-Known Member

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    don't own a business
     
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  18. RH Goatcabin

    RH Goatcabin Notable Member VIP

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    You're still here.

    :yay:
     
  19. Sea Slob

    Sea Slob Well-Known Member

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    @BaddFunn makes $300,000/yr, so $21,000 in quarterly estimates is like couch change to him :grad:
     
  20. Shivvy

    Shivvy 100k Post Club

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    S Corp. i get paid like an employee would