Posted: Feb 1, 2008 2:30 am
I avoided taxes for the last two years, but it caught up with me. I'm pretty sure I'm going to owe them over $10,000 this year.
My debt to the city of Columbus was for $3989 when they recently audited my city income tax from 2001-2006. Some years were hardly anything (2006 was $55 between tax owed, interest, & penalty) & some were brutal (2003 was around $1600 all told). I've been pretty forthright with the city & have actually been to their office on 4 different occasions to talk to people instead of just calling & they have nixed the penalties, I believe. It's only $293 of the $3989, but $293 is still $293.
When I got excited about my refund, my Mom would always lecture me on how I was giving the government an interest-free loan.
i tend to tell people the same thing. i'm pretty adamant about it.
I think the government knows people can't save money, tried to make it for years so that it wasn't really to anyone's benefit, & wants people depending on their tax returns.