Tax Mistake

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   / Tax Mistake #71  
</font><font color="blue" class="small">( I have often pondered this question myself. I asked a local JD dealer about (one with a shop in both ME and NH. He informed me that the State of Maine can go audit anyone's books in NH at any time. I agree that the UCC was probably a giveaway.<br>Anyway, this JD dealer also told me that if you do not pay the tax, you can be, as stated previously, cited for tax evasion. This is a federal offense, meaning that, if charged, you would lose your right to own firearms for one, and could even do some time. )</font>

This is a federal offense, meaning that, if charged, you would lose your right to own firearms for one, and could even do some time.
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Not paying a state tax if owed is a state offense not a federal offense .
 
   / Tax Mistake #72  
</font><font color="blue" class="small">( It has been said here on TBN many times before, that out of state purchases do NOT "save the sales tax." Each state requires the individual tax payer to report such purchases and remit the "use tax" due on your annual state return.<br><br>Granted, a LOT of people do not pay these taxes. The state of NY actually sends agents with cameras to the malls just over the border in PA. They photograph the license plates of those visiting the PA malls, and send them notices that they should pay any taxes due.<br><br><font color="blue">"This is a federal offense, meaning that, if charged, you would lose your right to own firearms for one, and could even do some time." </font color=blue><br><br>However, being simply "charged" for such an offense would not result in anything. CONVICTION would be required before any penalty.<br><br>Also, the IRS has "threshold" amounts for criminal prosecution. I am not certain of the precise numbers (ask your CPA). But it is something like a total of $10,000 in taxes due and not paid for three consecutive years, before the IRS criminal division gets involved. Less than that amount, and it is considered a "mistake" or "taxpayer error." <br><br>Buyers need to be more aware (and "beware" of) this issue. It is YOUR responsibility, not the dealer. So, if you owe, and are not entitled to the "farm" exemptions, you probably ought to just pay up. It is likely that as tax revenues shrivel up, all states will become more aggressive in going after taxes like this.<br><br>What this will do to "quotes" for out of state purchases remains to be seen. )</font>
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*"This is a federal offense, meaning that, if charged, you would lose your right to own firearms for one, and could even do some time."
***Also, the IRS has "threshold" amounts for criminal prosecution. I am not certain of the precise numbers (ask your CPA). But it is something like a total of $10,000 in taxes due and not paid for three consecutive years, before the IRS criminal division gets involved. Less than that amount, and it is considered a "mistake" or "taxpayer error."
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*No it's not.
**Failure to pay a state tax is not a federal issue, Therefore this nothing to do with the IRS.
 
   / Tax Mistake #73  
</font><font color="blue" class="small">( What is it with people trying to “get out of paying” taxes. Now, don’t get me wrong, I hate paying them too, but I just suck it up and pay like most American’s. After all, there is supposed to be some good to come from taxes (although I wonder sometimes).<br><br>Here in Missouri, you can fill out some state form to exempt farm equipment from sales tax that’s used in the production of saleable crops. My dealer brought this to my attention, and since the law is written so broadly, he said I could qualify. Just sell a few tomatoes to your neighbor, he said. Even people with small market gardens qualify.<br><br>Well, I just didn’t feel right doing that, so I paid the taxes. Now I’m under no pressure to produce a bumper crop of tomatoes [image]/w3tcompact/icons/laugh.gif[/image]<br><br>Jim<br> )</font>1*Here in Missouri, you can fill out some state form to exempt farm equipment from sales tax that's used in the production of salable crops.
2*I’m under no pressure to produce a bumper crop of tomatoes
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1*Ohio has a better way. It's based on land owned rather than production of crops.
2*Neithe is a Buckeye and he don't have to pay sales tax.
 
   / Tax Mistake #74  
</font><font color="blue" class="small">( I went 'round and 'round with New Holland over that when I bought my manuals. They ever so graciously have decided to collect the sales tax even though it's not required. I bet the reason they do that is that they get to float your money for 3 to 6 months. Hey, it's the American way! Screw your customer coming and going. That's probably one for the ethics thread. )</font>

How do you know they hain't just stickin the tax money in their own pocket and not forwarding it to the other state?
 
   / Tax Mistake #75  
Did we mean Hong Kong? /forums/images/graemlins/blush.gif
 
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