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To: Dick Jaffe who wrote (710)1/21/1998 8:51:00 PM
From: John S. Baker  Respond to of 2897
 
(Not an ex-CPA) ... but need to add one item to your statement. in addition to withholding being treated as if applied at any time during the year, so too is an excess from the preceding year which is left in the IRS's pocket.


Yes I know it's not usually a smart thing to do, but there are some times when it's necessary.


JSb.



To: Dick Jaffe who wrote (710)1/21/1998 9:03:00 PM
From: FARRIS  Read Replies (2) | Respond to of 2897
 
Dick,
I would assume it is safe to say that so long as the tax money is given to the IRS prior to the time you earn it -- you are safe?
Eric


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