So I am in some deep waters with the IRS, I didnt file for about 7 years and they now want me to file

[Martin Everson]

He would need to ask Joe⁠ Biden for a presidential pardon like he did for his son for his tax evasion⁤ and gun charges. Otherwise its not gonna end well for OP sadly.

--- quote start⁣

For the tax charges, Hunter Biden faced up to 17 years in federal prison and⁢ $1.35 million in fines. His gun-related conviction carried a potential of up to 25 years︀ in prison.

--- quote end

 

[bubbledouble]

Yeah, unless you are the son of Joe Biden right now, it won't go away,‌ sadly.

 

[Davis123]

[No content provided]

 

[Davis123]

Pays to be a President’s son . Trump is getting off from his⁣ tax problems too for years

 

[GF150]

Perhaps nobody reminded Joe that Hunter was his son. Otherwise he wouldn't do that, no,‌ he wouldn't, righteous honest man that he is.smi(&%

 

[Matade]

So? Prison is not life sentence. He keeps the stuff, that's what matters.‍ Besides, he should hire a good lawyer.

 

[drysponge]

You operate in the imagination

 

[Offshore Traveller]

Maybe OP is on something that we are not aware of in this forum, after‌ all :
https://www.cnbc.com/2024/12/05/irs-crackdown-on-wealthy-americans-faces-roadblocks-.html

 

[Martin Everson]

OP has already been contacted by‍ IRS so its a wrap sadly 🙁. Jail awaits and it could get worse if⁠ he waits it seems. Best he seek professional advice.

------ quote start

Under current law,⁤ a person who owes federal taxes and fails to file a tax return can only⁣ be charged with a misdemeanor in most cases. If they are convicted, the misdemeanor offense⁢ is punishable by a term of imprisonment of not more than one year, and a︀ fine of not more than $250,000, or $200,000 in the case of a corporation, or︁ both.

But according to the Treasury’s new proposal, “any person who willfully fails to file︂ timely required tax returns in any three years” out of five, and whose unpaid tax︃ bill in that five-year period adds up to at least $250,000, “would be subject to︄ a new aggravated failure-to-file criminal penalty.”

In these cases, the offense would be classified as︅ a felony, and would be punishable by a term of imprisonment of no more than︆ five years, a fine of up to $250,000, or $500,000 in the case of a︇ corporation, or both.

---- quote end

 

[Alonzo]

I feel bad for OP… he’s very︀ likely screwed

 

[Matade]

Explain how, please.

 

[Davis123]

I remember some guy ran away to some country and came back︇ after 20 years and he was filing away too from there after his earlier fiasco︈ but they got him for old records .

 

[undercover]

really, 20 years after? OP⁠ you better get a good tax attorney to help you out or leave the USA⁤ for the rest of your live.

 

[Davis123]

I wasn’t talking about myself. I read this somewhere. Some had problems living in⁠ Panama too years ago when IRS came after them in Panama. It was all over⁤ news.

 

[undercover]

Still there is no way to hide from tax dept in the USA thanks god‌ I'm not a citizens there.

 

[Davis123]

Yep my suggestion to OP‍ was either get a good tax lawyer ( ambulance chaser will drip him dry )⁠ or get out of USA while he can.

 

[newbieshore]

I wanted to get your thoughts on a matter I'm dealing with. To keep it‌ brief, I used to generate significant revenue when the market was strong I’ll admit, I‍ think I got a bit lucky back then. However, my current income is nowhere near⁠ what it used to be, and I find myself unable to pay even a quarter⁤ of what I owe the IRS.

Do you think this situation might support a case⁣ for a letter of compromise? I’d really appreciate your insights, especially considering all the recent⁢ changes.

 

[Martin Everson]

You started the thread in Nov 12 2024 then vanished and came back in 7‌ Mar 2025 ca#"!

Then you open a thread below with same post above. This thread is‍ now closed.