wants to go legit

[t_minger64]

What is the name of your state? FL
I havent't paid taxes in the last several years. I have been classified as an independant contracter for a portion of these years and just simply did not have the money at the end of the year to pay. I would like to go legit, but currently my employer has me classified as an independant contracter. I have done enough research to know that this is incorrect, but I'm not sure what to do about it. Any thoughts?What is the name of your state?

[LdiJ]

Originally Posted by t_minger64

What is the name of your state? FL
I havent't paid taxes in the last several years. I have been classified as an independant contracter for a portion of these years and just simply did not have the money at the end of the year to pay. I would like to go legit, but currently my employer has me classified as an independant contracter. I have done enough research to know that this is incorrect, but I'm not sure what to do about it. Any thoughts?What is the name of your state?

Well...the first thing that you need to do is file your tax returns, and negotiate a payment plan with the IRS. Its not going to get better if you delay further, its just going to get worse.

Then...you have to decide whether you want to continue working for that employer or not.
If you do, then you need to start paying estimated taxes.

You can certainly report the employer, but it could take a very long time for the IRS to investigate, and there is no guarantee that the employer will start treating you like an employee. It would probably be better to get another job.

[t_minger64]

Can I be arrested for tax evasion by trying to square? I have no paper work. Last several years were a blurr and I pretty much lived on the road. Have a two year old I'm paying child support on. How do I begin to file? I like the job I'm at and am trying to pull paperwork together to buy it from retiring owner. I'm trying to pull my life together for my little girl, but truly have no idea how to start. Thanks for your time and shared thoughts.

[LdiJ]

Originally Posted by t_minger64

Can I be arrested for tax evasion by trying to square? I have no paper work. Last several years were a blurr and I pretty much lived on the road. Have a two year old I'm paying child support on. How do I begin to file? I like the job I'm at and am trying to pull paperwork together to buy it from retiring owner. I'm trying to pull my life together for my little girl, but truly have no idea how to start. Thanks for your time and shared thoughts.

No, you won't get arrested for making the effort to get square. Your employer can provide you copies of your 1099's for past years. You may have trouble pulling together the evidence of your expenses however.

[t_minger64]

How far back will they charge me? My current employer has maybe two out of three years worth of 1099s. I took off for a year between this year and my first year with him. I've lost contact with my other employers. Like I said, I lived on the road. How do they decide what I owe them and more importantly I suppose, what kind of terms do they generally offer? I'm sorry if this is seeming drawn out, but the more I find out, the more questions I seem to have. Thanks for your imput.

[LdiJ]

Originally Posted by t_minger64

How far back will they charge me? My current employer has maybe two out of three years worth of 1099s. I took off for a year between this year and my first year with him. I've lost contact with my other employers. Like I said, I lived on the road. How do they decide what I owe them and more importantly I suppose, what kind of terms do they generally offer? I'm sorry if this is seeming drawn out, but the more I find out, the more questions I seem to have. Thanks for your imput.

I think that you need a face to face consultation with a tax professional. Its a better way to get your questions answered when you have so many.