quarterly tax

[Charly Tuner]

HOLY COW!

I think I'll go the old-fashioned snail mail route myself...I had NO idea 
the "convenience fee" could be that extreme! I was assuminm a few bucks for 
processing, at most. Live & learn.

Terry

>From: "Doug Mahard" <nlm@csu.cted.net>
>Reply-To: pianotech@ptg.org
>To: <pianotech@ptg.org>
>Subject: Re: quarterly tax
>Date: Sun, 12 Mar 2000 08:36:22 -0500
>
>Hi Terry,
>
>Thanks for the info, but after checking on the fee schedule for me - I'll
>pass.  A couple hundred bucks I'd rather have then give it to some corp.
>trying to make my life easier.  Besides it's fairly easy to process as it 
>is
>now.
>Every check or cash that I get I immediately withdraw a certain percentage
>for taxes and deposit it in a separate checking account.  Come my quartly
>payment I feel in the preprinted voucher with the amount, paste a .33 cent
>stamp on the envelope the IRS provided and away it goes.
>
>I much prefer to take as an expense .33 cents then $300.00 paid to some
>processing house that could very easily embezzle your tax payment.  I'm 
>sure
>they are a reputable firm, but this does happen.
>The IRS will coming knocking for their payment and penalties even though 
>you
>sent the money to the processing company.
>
>Maybe I'm a little paranoid, but this actually happened just recently in
>Litchfield County. $11,000,000.00 was embezzled over a number of years by
>one guy running three different payroll companies.  The companies and non
>profit organizations had to pony up the back taxes with penalties all over
>again.  Sadly, some companies will be closing their doors.  Here is the
>kicker, the guy got off with 6 months in a boot camp.  He has to repay the
>$11 mil, but the judge says it was a token gesture and no one should be
>expecting a pay back.
>----- Original Message -----
>From: Charly Tuner <charly_tuner@hotmail.com>
>To: <pianotech@ptg.org>
>Sent: Sunday, March 12, 2000 12:49 AM
>Subject: quarterly tax
>
>
> > Hi all,
> >
> > I'm sure many of you are already aware, but for those who may not be,
> > starting this year we can now pay our quarterly tax estimates by PHONE!
>Yup,
> > there's a toll-free 800 number (Complete info below) that let's you pay 
>by
> > credit card, and they give you a confirmation number...that's it--NO
> > PAPERWORK REQUIRED! Until April 2001 that is. Anyway, I think this is a
> > pretty cool development. What do you think?
> >
> > Terry
> >
> >
> > >>Payment by Credit Card
> > Beginning March 1, 2000, you can generally
> > pay part or all of your estimated tax by using
> > a credit card (American Express Card,
> > MasterCard, or Discover Card). To do
> > this, call 1 -888 -272 -9829 (1-888-2PAY
> > -TAX), toll-free. Based on the amount of your
> > payment, you will be charged a convenience
> > fee. The IRS will not receive this fee. You will
> > be told the amount of the fee during the call.
> > Then, you will have the option to continue or
> > cancel the call. You can also look up the
> > amount of the convenience fee on the Internet
> > at www.8882paytax.com .
> > If you decide to continue, you will be given
> > a confirmation number at the end of the call.
> > Make a record of the confirmation number.
> > Do not include the amount of the conven-ience
> > fee as part of the estimated tax pay-ment.
> > There is nothing to send in when you
> > pay by credit card.>>
> >
> >
> >
> >
> > ______________________________________________________
> > Get Your Private, Free Email at http://www.hotmail.com
> >
> >
>

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