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by matesz
1831 days ago
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I've had similar story, but this time with the IRS. Right after my university I've started pursuing startup idea and of course I though that I will get investors coming through the door very quickly so first thing I did was to setup a Inc. company in Delaware. There is 2 ways to pay taxes there - on revenue or on shares (I might got it slightly wrong)... After a year or so company staying dormant I was living in Europe already and received mail saying that I have to pay $150k in taxes :o I tried to call ask why I got this bill, but it was Friday, already closed. I didn't have a job and experience back then so this was horrifying. I was running through scenarios of having to work years to pay this off because of some stupid mistake (or hiding from US government for life). So I called a laywer who asked for initial $5000. I've met another person who wanted to help me for cash $2000. I though it is a joke, because I was barely making a living. Fortunatelly I didn't fall for that and waited until Monday. I called again and lady explained that they always send the bill for first option and we have to remember if it is correct or not. So at the end there was no tax to be payed. I immediately closed the company. What can you do... |
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