Tax Day Is Coming. The IRS Is Ready. Are You?
Tax Day 2024 Is Coming
The dreaded 2024 TAX DAY is coming in less than a month and you just KNOW that the IRS is ready to collect your money.
The question is, “Are you ready?”
We know that Florida Man isn’t.
FLORIDA MAN STRIKES AGAIN!
DATELINE – Fort Myers and the Saga of Florida Man Timothy Meade.
Let’s set the scene for you.
Tax day is coming, less than a month away.
Do you have your taxes done yet? Will you need to file an extension? Will you get a refund? Will you owe?
So many questions.
I mean, you still have a few weeks away, but there’s that pressure to get it done on time. I actually got my taxes in already.
I don’t know if I owe yet or not. I’ll worry about that later, but either way, they’re done.
The IRS Wants To Help You
I bring all of this up because the IRS, while they want to help you, if you owe them money, especially if you owe them a lot of money, well, they’re coming after it and they’re going to get it.
And if they don’t, well, there are penalties.
Meade had already been convicted of income tax evasion back in 2005, so he has a history with the IRS.
It seems that he owned a pair of prison phone call service companies that he ran from 2009 to 2023.
They sold prepaid phone cards to prison inmates.
In his role as the company’s owner, he withheld taxes from his employee paychecks as required by law.
Good job by him.
However, rather than passing that money onto the IRS, starting in 2011, he kept the money spending it on himself and the business.
Bad job by him.
He also did not pay the business portion of his employees, social security and Medicare taxes, according to prosecutors and investigators.
Really bad job by him.
While the IRS began its collection efforts back in 2012, need and the IRS had come to an installment agreement where he would pay them $5,000 a month.
That’s a lot of money.
Well, Meade stopped making payments on that in less than a year.
But as the IRS was trying to claw back what it was owed, need who was still operating the company with the prepaid prison phone cards, continued to withdraw taxes from paychecks and continued to just keep the money for himself.
The Consequences of Not Working With the IRS
So it turns out that mead owes more than $900,000 and he’s going to spend the next two and a half years in jail.
You fool around with the IRS, you find out the consequences.
MORE EPISODES OF FLORIDA MAN STRIKES AGAIN