So my company recieved a letter from the IRS

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Jonnybiz

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#1 Jonnybiz
Member since 2006 • 183 Posts

at the bottom of the letter it states: You can expect to receive your refund within the next 4 to 6 weeks. Your refund amount is $13,620.00 and may include credit interest.

WOOT!

HELLO new computer + 2 more 42" hdtv's + loads of PC games!

ah man, this tax refund roxorz!! Now, all that has to be done now to keep people happy, is remove sales tax and income tax

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B05T0N

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#2 B05T0N
Member since 2007 • 7051 Posts
Is this your own personal company? You shouldn't be receiving anywhere near $14,000 back either.
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ExodusV2

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#3 ExodusV2
Member since 2008 • 440 Posts
Ummm how big is your company exactly?
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Guiltfeeder566

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#4 Guiltfeeder566
Member since 2005 • 10068 Posts
Share the love?
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Jonnybiz

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#5 Jonnybiz
Member since 2006 • 183 Posts
sole proprietorship, they also stated something about possible other debts that will be applied to the refund, so i wont know how much im REALLY getting until I actually get it
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big_old_tom

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#6 big_old_tom
Member since 2006 • 6957 Posts
nice. what kind of company is this?
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RamboSymbiot

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#7 RamboSymbiot
Member since 2007 • 6302 Posts
Bragging is fun
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Darthmatt

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#8 Darthmatt
Member since 2002 • 8970 Posts
You should put some of that money back into the company. I assume the company is your own.
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Quadrifoglio

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#9 Quadrifoglio
Member since 2006 • 5451 Posts
What the hell do you need two extra 42" HDTV's for?
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Kuja9998

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#10 Kuja9998
Member since 2004 • 66 Posts

Wow, that is amazing! But it must be in proportion to an amount you already payed them. lol... so really your just getting a fraction of the hard earned cash you previously handed over to them.

Or you are getting a tax-loan that will have to be paid back next tax season. (Economic stimulus packages usually consist of these kinds of "tax loans" or "fake tax cuts" that are just meant to psycologically stimulate the economy by promoting spending.)

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mrbojangles25

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#11 mrbojangles25
Member since 2005 • 60828 Posts

Wow, that is amazing! But it must be in proportion to an amount you already payed them. lol... so really your just getting a fraction of the hard earned cash you previously handed over to them.

Or you are getting a tax-loan that will have to be paid back next tax season. (Economic stimulus packages usually consist of these kinds of "tax loans" or "fake tax cuts" that are just meant to psycologically stimulate the economy by promoting spending.)

Kuja9998

14k is 14k, dude, and thats a lot of money. I could live off that for half a year!

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muthsera666

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#12 muthsera666
Member since 2005 • 13271 Posts

What the hell do you need two extra 42" HDTV's for?Quadrifoglio

Cause it would be awesome? What more reason do you need?

Though, investing it in a CD or something might be a better idea than just splurging...

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B05T0N

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#13 B05T0N
Member since 2007 • 7051 Posts
I think if you're getting that much back, you filed wrong, or completely overpaid...
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Oleg_Huzwog

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#14 Oleg_Huzwog
Member since 2007 • 21885 Posts

I think if you're getting that much back, you filed wrong, or completely overpaid...B05T0N

Yep, a tax refund means the government was collecting interest instead of the taxpayer. Large tax refunds are not a good thing.

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Quadrifoglio

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#15 Quadrifoglio
Member since 2006 • 5451 Posts

[QUOTE="Quadrifoglio"]What the hell do you need two extra 42" HDTV's for?muthsera666

Cause it would be awesome? What more reason do you need?

Though, investing it in a CD or something might be a better idea than just splurging...

There's awesomer things to spend you money on, you know.