Saturday, November 7, 2009

Service Industry Workers Beware, the IRS is Targeting You and Your Job

Author: Boris Tomson

Source: articlesbase.com



Service Industry Workers Beware, the IRS is Targeting You and Your Job Common Problem: You're being watched. Visit Here http://gov-debt-grantbenefit.blogspot.com The IRS has determined that people in the service industry are the most likely to commit Tax Fraud than most. Especially people in cash intensive industries, like mechanics, hairdressers, waiters, and anyone else who works for cash or tips. The temptation for not reporting the cash income is very high. But don't get too tempted, because you will get caught. The Crime: Not reporting you whole income is a Criminal Offense. But don't panic. The IRS usually doesn't bring Criminal Charges against you unless you owe a huge amount of money. However, you are guaranteed to end up with a huge Tax Debt if you get caught! IRS Weapons: If you ignore your IRS debt, they'll have no choice but to unleash their deadly weapons of collections. The top 3 most commonly used weapons are: 1. Bank Levy: The IRS will freeze your bank account, then swoop in and take all your money 21 days later. After the 21 day holding period, you cannot get your money back. 2. Wage Levy: The IRS will claim a portion of your paycheck as their own. A Bank levy is a one-shot deal. But the IRS can garnish your paychecks until your debt is paid in full. 3. Asset Seizure: If you ignore the IRS long enough, the IRS can send an IRS Hitman to your door to seize your property. Break Out: After you're in debt with the IRS, there's really only one way to get out of it. And that's to face the facts and pay your debt. Here are a couple of good options: 1. Paying in Full: If there is any way you can pay in full, I highly suggest you get to it! The IRS is going to add interest and fees to your account for every month the account is not paid in full. Even if you are paying on the account in monthly payments! So take out a loan or borrow from your uncle if you have to. If paying in full is still not an option, there's another way to pay on your IRS Debt. 2. Installment Agreement: You can pay on certain amount on your debt every month until it's paid off. The IRS will choose the amount you can pay based on your income. You'll basically only have enough money left over to pay for the most basic of needs after your IRS debt is paid. When you apply, the IRS is going to look very closely at your income and your assets. If they determine you can pay your debt in full, you will not be approved for the Installment Agreement. Back to Work: Don't tempt the IRS. If you end up in debt, you'll be trapped. And the only way to get out of it is to pay up. You're not really saving money when you're withholding income. So get it right the first time, and make sure you report all your income. Even the tips!Visit Here http://gov-debt-grantbenefit.blogspot.com



Hi,I am Boris.If you are looking for ways to make money and you want advice on the best work from home programs you have come to the right place. I was a researcher for Make Money Magazine for 11 years, during that time I covered every make money programs in the book. Five years ago when the “How To Make Money” market changed for the better because of the internet advances I decided to use the knowledge I gained from working for Make Money Magazine to quit this job and start up my own successful home business.I am now earning close to $20,000 every month from( Google Income Plan
)the home businesses I setup, so I haven't looked back once. I have now devoted most of my life to the make money field and now I think it's time to give something back, so I have decided to write this review website to tell people about the best home business programs around the world and what programs are just right for you and whats are scams . I highly recommend that you take a look at the programs That i have suggested because out of the home business opportunities which I am currently using these are the ones which are making me the most money.Also my suggestions on How easy each program was to set up, their success rate and which programs are best for your country.Visit to http://www.onlinesfortune.com or Join to
Boris TomsonMake Easy Money programs Today!