(Almost) Wordless Wednesday June 25, 2014Posted by Jill (@bonnjill) in Fun stuff.
How did I miss this Castleism…
(Almost) Wordless Wednesday June 18, 2014Posted by Jill (@bonnjill) in Fun stuff.
Spacing is important…
(Almost) Wordless Wednesday June 4, 2014Posted by Jill (@bonnjill) in Fun stuff.
1 comment so far
You had one job…
Guest post – Dear Translator: Please pay your taxes! June 2, 2014Posted by Jill (@bonnjill) in Business practices, Random musings.
I started as a translator and interpreter and now run an agency based in Arlington that serves nonprofits and mission-driven organizations exclusively.
Today I received a rather thick envelope from the IRS. Apparently, a translator who I used fairly frequently between 2005 and 2010 and for whom I submitted 1099-MISCs, had not paid some (or all) of his taxes and the IRS was approaching all those companies who had sent him work in order to levy his earnings.
This translator owed around $40,000 in taxes, but the IRS is not to be messed with: penalties added another $60,000 onto the total and he now needed to pay back over $100,000.
The IRS wanted to know if I had any pending payments for him, and if so, I had to send that money their way, and not to him.
However, here is the most alarming thing: THIS TRANSLATOR PASSED AWAY A YEAR AGO.
His estate probably has no money, and the IRS wants theirs, so they’re probably hoping that there are some monies still owed him that they could take. I don’t know, and I’m certainly not a tax professional, but that’s what I assume is happening.
Moral of the story?
Please, translators, PAY YOUR TAXES. Pay ALL of them. Pay them PROMPTLY. Don’t try any funny stuff. The IRS *will* get you (or your heirs), even after you’re deceased.
Thanks for listening!
Sandra Alboum runs an agency that serves nonprofits and mission driven organizations exclusively, is a two-time jeopardy champion, and an amateur gourmet chef and professional mother of two. She sent this post to the ATA Business Practices listserv, and I felt it was worth reposting to a wider audience.
Nothing in life is certain but death and taxes. And as you can see your taxes may live on even after death. Be sure to pay yours and to report all of your income!!