alt Hacker NewsAlso true for just not paying taxes at all. The number of times I have had people tell me that they just let it float for years so they can settle up for a fraction later is unbelievable.
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cheriot • yesterday at 6:49 PM
That sounds off. There's specific situations where the IRS will settle for less than the amount owed and they're not pleasant.
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nzeid • yesterday at 6:57 PM
What? You have to demonstrate financial hardship or risk getting convicted.
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I know people who didn't pay taxes at all for years and the IRS came after them them several times (put them on payment plans that they didn't pay) before giving up. They now call us chumps for paying taxes. It is pretty absurd.