Quote:
Originally Posted by MP0WER
If that's true he's they had better get ready for an audit and lots of interest and penalties.
They likely pay in via W2 AND write a $40k check. My guess is that their total federal taxes should be in the hood of $100 & $200k depending on their situation. Would likely be right in the middle if they have a simple return.
I haven't seen a refund since 1999. 
BTW, don't ever feel sorry for anyone who pays taxes on $500k or more of revenue. |
I'm not too familiar with taxation and all, but one is director of IT for Avery Dennison (the label makers) and the other has businesses and investments. I just heard him mention this once and thought that was a lot of dough, but never knew the details.
Don't want to cross into the political realm, so I'll hold my views about paying taxes
