FUCK the IRS and FUCK me

You need to talk to the IRS immediately. You may be able to get on a payment plan. The penalty for not doing this can be up to 5% of the tax owed PER MOTHERFUCKING MONTH.
 


This is just another example of you one percenters not paying your fair share and sticking it to all the rest of us. President Obama warned us about people like you.

If your lack of payment makes my food stamp and welfare checks late I'll be really pissed. If you need to, just put in a few extra hours in every day. Nothing I hate more than a disorganized one percenter that can't get his tax payments in on time. Quit being lazy - a lot of us are counting on you.

Going to watch some Oprah reruns now. Remember what I said about getting organized.
 
I was lucky enough to get mine down to $4,000 but have been slow building a new product since November. So I just did a payment plan as I'm launching in June and I KNOW I'll get more than enough to pay that off and then some. From then on, 50% of EVERYTHING I make is going into my savings account..
 
I can attest to the fact that:
1. Barry makes a lot
2. Barry spends a lot

For example -

If Barry can't find the Scrapebox icon on his computer, he will literally buy another copy of Scrapebox. How many licenses do you own, Barry?

Also, he spends more money on Fiverr in a week than most people would in a lifetime. No joke.

Barry is not trolling.
 
You need to talk to the IRS immediately. You may be able to get on a payment plan. The penalty for not doing this can be up to 5% of the tax owed PER MOTHERFUCKING MONTH.


I have done and am going to do a few things.

First, I am setting up payment plans which has already been started. I didn't want to add that into my original rant because it takes away from the drama.

Second, I am going to have my biggest client take $1000 a month out of my pay. They pay me like a salary even though I am 1099 with them. My tax guy said you can still have withholds on 1099.

Third, now that spamming is becoming fairly ineffective, I won't be spending as much money outsourcing shit and I am going to have to do shit by hand.

Fourth, I am gonna throw $1,000 into a savings account each month.

I should be fine for next year...but such a bad feeling. Like a legal robbery.

Oh also, Adsense withholds $8k or so a year so that helps.
 
I can attest to the fact that:
1. Barry makes a lot
2. Barry spends a lot

For example -

If Barry can't find the Scrapebox icon on his computer, he will literally buy another copy of Scrapebox. How many licenses do you own, Barry?

Also, he spends more money on Fiverr in a week than most people would in a lifetime. No joke.

Barry is not trolling.


I don't use SB anymore, but I have 4 or 5 serials.
 
So I actually have a little over $1k in my bank right now actually, I thought it was more. I just had to login to get something for tax guy.

Lat 90 days deposits: http://i42.tinypic.com/ae5dgz.jpg
Current balance: http://i44.tinypic.com/33z9vef.jpg

LoLLoLoLololodfsanfanlgdfjgdfsgkjdfsgkldfsgl

I have a bunch of money coming on like Thursday or Friday + Adsense payment soon...but holy fuck what is wrong with me >.<
 
You have a adsense business model. Why don't you add flipping adsense sites to your business model to rake in the extra cash. People at Flippa will pay up to 20 times as what they currently are making per month and more. It's redunclous.
 
^ you grossed 65k in 4 months? how much of that went back into the buisness though?

you might make mores, but I have mores . . . . well until you make mores lol
 
795_1000.jpg
 
Thanks for the money ly2

[ame="http://www.youtube.com/watch?v=fOZ-Etb0k0Q"]Obama Money - Where Did it Come From? - YouTube[/ame]

Its okay you'll make it. I had a similar problem last year, I had to grab a loan from my credit union. It was very nerve racking.
Feeding the goose to get the eggs, even know its a fat goose.
 
My total tax bill for 2011 was US$500. Funny that it worked out to an even number like that. Still too much, but I got hit with taxable distributions from a crappy mutual fund.
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Yes, I'm a peasant. But I'm pleased I'm not paying those scumbags enough for even one bomb to drop on brown people.
 
Second, I am going to have my biggest client take $1000 a month out of my pay. They pay me like a salary even though I am 1099 with them. My tax guy said you can still have withholds on 1099.

Why are you (you personally) on a 1099 with them and not having them just pay your business? Don't you pay yourself a reasonable salary already from your business? You can just up your w2 withholding from your own payroll and then you don't have to have clients hold anything from you (which honestly would sketch me out).

If you're not already paying yourself a salary then you need to start or you're going to end up getting fucked on not paying enough on FICA and the IRS reclassifying ALL of your earnings as self employment earnings (+13.3% in taxes).

If you aren't paying enough on your w2s to yourself then you need to start paying quarterly estimates too. Its likely you will have to anyway unless you paid more last year in taxes than you owe now.

I am not an accountant or a lawyer, this is not real advice and is just something I read on a napkin.