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Originally posted by johnny2127
reply to post by endisnighe
Its legal for someone not to pay until April 15th, but there will be a penalty accessed and you chances of an audit go up exponentially. Oh, and while it is legal for people to wait paying their taxes until April 15th, it is illegal for you to advise them to not pay taxes or delay paying their taxes. Theoretically, everyone that listened to you, could sue you for the penalty they were accessed by the IRS and the audit costs, and the authorities could charge you for a multiple of things ranging from offering tax advice while being unlicensed, to encouraging tax evasion. My point is, I would not encourage people to incur penalties and interest, nor would I personally do it.
Originally posted by Blanca Rose
reply to post by johnny2127
Are you sure about that?
You don't have to file if you make under $5,000.00.
I don't know what the threshhold is, (do you mean poverty) but if you call the IRS, they will tell you that you don't have to file if you earned less than that.