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Old 07-03-2003, 08:17 AM
Kurt Ullman
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Default Re: Injured Spouse w/PreNuptial

smithff33[at]aol.com (Herb Smith) wrote:
- quote -

> Dick Adams <rdadams[at]smart.net> wrote:

> > Change your withholdings so you do not have a refund this
> > year!


> While I normally agree wholeheartedly with this strategy
> (why give the IRS an interest-free loan of your money?),
> using it as a method of avoiding legitimate debts is
> somewhat lower on the moral scale. True, they won't be able
> to seize a refund if none exists, but they have other
> methods of collection. How about a lien on your house?


Sorry I disagree. The purpose of the withholding is to make
sure you have enough to pay your taxes at the end of the
year. It is most assuredly NOT to make it easier for people
to collect debts from you. So there is no moral issue at all
in this equation.

Make 'em work for it (g).

----
"There was an exponential rise in the use of the apples and
oranges metaphor over the last 20 years followed by the
inevitable tail off. When researchers tried to find a reason
for the tail-off, they noted the same thing was seen in the
NASDAQ yearly closing prices for the same time period."

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  #-1  
Old 07-02-2003, 03:16 PM
Herb Smith
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Posts: n/a
Default Re: Injured Spouse w/PreNuptial

Dick Adams <rdadams[at]smart.net> wrote:

- quote -

> Change your withholdings so you do not have a refund this
> year!


While I normally agree wholeheartedly with this strategy
(why give the IRS an interest-free loan of your money?),
using it as a method of avoiding legitimate debts is
somewhat lower on the moral scale. True, they won't be able
to seize a refund if none exists, but they have other
methods of collection. How about a lien on your house?

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

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injured, spouse, w or prenuptial
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