DSP's Loan & Savings Company -

DukeMorty

Just Here For The Ride
kiwifarms.net
I'm saying he needs to modify his current installment agreement before his tax payment deadline OR pay an amount equal to 100% of his 2018 taxes or an amount equal to 90% of his 2019 taxes toward his 2019 tax bill THEN modify it after his deadline.

The key word is "before" because I wonder if that deadline is when the full balance is due or when his first 2019 quarterly estimated payment was due. I imagine it's when the full balance is due but if it's when his first estimated payment was due he cannot modify his installment agreement and is already in default.
Ooooooh ok I get what you are saying lol Now if the IRS counts his first quarterly payment as part of that "you skip a future tax we default your ass" then Mr.Gout will be in for a rude awakening when tax season hits next year. I would assume his "tax guy" would make sure to know these things because I bet he knows Phil never pays his quarter payments so he would negotiate a deal with the IRS before the first quarter payment. However, it would be interesting if somehow the "tax guy" didnt know or just didnt care to remember/tell the pigroach that not paying the quarterly payments will cause him to default on his IA and he gets his shit taken by the IRS lol
I can just imagine him streaming under a bridge saying "Uuh its not my fault, my "tax guy" didnt tell me that not paaaaying my quarterly tax payments will default my IA and that the IRS will take everything including Jasper and muh wife. Like I paid him thoooousands of dollars to make sure this shit doesnt happen. *snort* So guys NOOOOW I am in the worst financial position of my life so I need your halp." Soon after DSP goes silent forever because he couldnt afford to pay his phone bill. Its rumored that the pigroach went back to Bridgeport, and some say at 2am you can hear a faint snorty voice near some shitty pizzeria saying "Nothing I could do *snort*".
 

Muppetmode

kiwifarms.net
I'm saying he needs to modify his current installment agreement before his tax payment deadline OR pay an amount equal to 100% of his 2018 taxes or an amount equal to 90% of his 2019 taxes toward his 2019 tax bill THEN modify it after his deadline.

The key word is "before" because I wonder if that deadline is when the full balance is due or when his first 2019 quarterly estimated payment was due. I imagine it's when the full balance is due but if it's when his first estimated payment was due he cannot modify his installment agreement and is already in default.
So how does this work if he files joint taxes? Would kat be hooked into the payment plan?
 

James Smith

True & Honest Fan
Retired Staff
kiwifarms.net
So how does this work if he files joint taxes? Would kat be hooked into the payment plan?
As far as I know she isn't liable for the debt because he acquired it before they were married. He was married before he fucked off and didn't pay his 2019 taxes for nine months so she might be liable for that.

Obviously a question like that only really matters if they stop being married which they never will because they love each other deeply.
 

Raven'sChild

Peep, peep, RAWR!!!!!!111one
kiwifarms.net
Ooooooh ok I get what you are saying lol Now if the IRS counts his first quarterly payment as part of that "you skip a future tax we default your ass" then Mr.Gout will be in for a rude awakening when tax season hits next year. I would assume his "tax guy" would make sure to know these things because I bet he knows Phil never pays his quarter payments so he would negotiate a deal with the IRS before the first quarter payment. However, it would be interesting if somehow the "tax guy" didnt know or just didnt care to remember/tell the pigroach that not paying the quarterly payments will cause him to default on his IA and he gets his shit taken by the IRS lol
I can just imagine him streaming under a bridge saying "Uuh its not my fault, my "tax guy" didnt tell me that not paaaaying my quarterly tax payments will default my IA and that the IRS will take everything including Jasper and muh wife. Like I paid him thoooousands of dollars to make sure this shit doesnt happen. *snort* So guys NOOOOW I am in the worst financial position of my life so I need your halp." Soon after DSP goes silent forever because he couldnt afford to pay his phone bill. Its rumored that the pigroach went back to Bridgeport, and some say at 2am you can hear a faint snorty voice near some shitty pizzeria saying "Nothing I could do *snort*".
He's saying no because it has to be correct to the last number otherwise its fake news and trolls making shit up.
Speaking to the second quote 1st because is answers everything. It's none of your business how much he makes every month/year because it's not enough. DEBUNKED! Idiot!

It may 100% assuredly be assumed that what ever happens is 100% due to his "tax guy" ( aka the tax attorney keyword= attorney) screwing him over. Nothing he could do. When and if it all go to heck, rest assured that he would sue the guy, but he doesn't have the money to do so which is why the TAX ATTORNEY he paid thousands of dollars to scammed him. Please tip as I need that money to pay my new Tax Attorney/Accountant/H&RBlock guy at the Mall beside the Ramein restaurant Khet *thumbs towards the door* my wife eat lunch at while shopping before going to the expensive Indian restaurant we love so much for dinner/TurboTax program that was impossible to figure out on your own that Khet *thumbs toward the door* my wife has on her gaming rig she doesn't use because she prefers to play unmodded Skyrim on her PS4Pro she bought with her tax return money she got doing her own taxes with the program installed on her PC that is impossible to do taxes correctly if you are a "Full Time Streamer" ...and...*snort*... okay, sound good? Been a slow stream. Please Tip me!
 
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actually

Local Moderator
True & Honest Fan
kiwifarms.net
I think I know what the new financial situation/issue is. A quarterly tax payment was due on the 16th (exactly one week ago). Assuming he's realized that he can't just duck out on them like last year, he probably had to put a solid chunk of the Twitch payment toward that because he's still too fucking dumb to back off his spending and put some of his money away for these known-in-advance expenses. That would explain why he's kept the tips goal up every day since he got paid by Twitch too.

Imagine making $120k-$150k (plus Kat's income) and still being this big a fuckup.
 

actually

Local Moderator
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@actually So if he’s on quarterly payments from last years. Does that mean he has to pay this year in one lump sum or is it combo’d in with the quarterly?
@SoapQueen1 can correct me if I'm wrong, but when I was on a payment plan with the IRS (following a really weird year), it was a monthly payment. The quarterly payments are estimated payments for his 2019 taxes. So he's making monthly payments towards paying off last year's taxes (no idea how many years it would be spread over), and he also is supposed to make the quarterly estimated tax payments.
 
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James Smith

True & Honest Fan
Retired Staff
kiwifarms.net
So he's making monthly payments towards paying off last year's taxes (no idea how many years it would be spread over), and he also is supposed to make the quarterly estimated tax payments.
He's supposed to be. They'll be actually keeping track of his payment plan payments but not his estimated payments. Until April when- hopefully- he tells his accountant "Uhm I didn't pay anything for this year so can I get a payment plan again?" and his accountant says "No, you can't. You should have told me this earlier because back then we could have."
 

actually

Local Moderator
True & Honest Fan
kiwifarms.net
He's supposed to be. They'll be actually keeping track of his payment plan payments but not his estimated payments. Until April when- hopefully- he tells his accountant "Uhm I didn't pay anything for this year so can I get a payment plan again?" and his accountant says "No, you can't. You should have told me this earlier because back then we could have."
I know it's full-on :optimistic: but I really really want this to happen. Because that's a shitstorm that I would really like to see him squeal and try to squirm his way out of.
 

Kheapathic

Good boy go to Heaven, bad boy go to New Jersey
kiwifarms.net
I refuse to believe he's in the dire straits he's in. He's also trying to mislead his audience by saying no one knows how much he makes; this could be a simple word play because how much someone "makes" isn't "gross" or "after taxes" etc. Do I think he's in financial trouble, yeah, but nowhere near as bad as he wants us to believe. Because he was somehow able to get a second car, after Panda moved out (when he was already in financial trouble); while it's not BMW, his credit was apparently good enough to let the dealership believe he could pay. There's also all the dodging about where his money went to. I think it was around the Tut storyline, when he kept saying "this money will go towards taxes" then when the time came "ALL THAT MONEY WENT TO BILLS!" He's either talking and cutting deals with his debtors, or other shady shit it going on. And how long has it been since "I won't pay on the Condo, and the bank can forclose on it" was a thing? If his money this year is close to what it was last year, and if he wasn't paying his CT property; then there shouldn't be situations where he's waking up in the morning to overdraft fees, which has happened a couple times since getting married. And if he really is waking up every morning to overdraft fees, that's signs of reckless spending (big shock, I know) or he doesn't make enough to finance his life. Seeing how he hasn't talked to his monthly expenditure providers, I doubt he's in as much trouble as he claims. It doesn't take much to go to your utilities providers or car loan provider or whoever and do the paperwork for a payment date change. Some may want to know why, and having a "My job pays once a month and this will alleviate strain" is more than sufficient. Most of these companies aren't evil faceless organizations looking to fuck you over, they just want your monthly payment and are willing to work with you.
 

actually

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kiwifarms.net
Because he was somehow able to get a second car, after Panda moved out (when he was already in financial trouble); while it's not BMW, his credit was apparently good enough to let the dealership believe he could pay.
He didn't get a second car. He ended the lease on the BMW and bought the Honda or Toyota or whatever the fuck he got. His monthly payments probably went down.

Seeing how he hasn't talked to his monthly expenditure providers, I doubt he's in as much trouble as he claims. It doesn't take much to go to your utilities providers or car loan provider or whoever and do the paperwork for a payment date change. Some may want to know why, and having a "My job pays once a month and this will alleviate strain" is more than sufficient. Most of these companies aren't evil faceless organizations looking to fuck you over, they just want your monthly payment and are willing to work with you.
You forget just how lazy Phil is. He won't even do the legwork to attempt to rent out the CT condo because he'd have to talk on the phone. He's fucking terrified to talk to people in situations where he doesn't have full control. He's also not seen a consistent decrease in money from his Twitch 'tards, so he has no actual incentive to change anything. Think about it--when has he actually had to fully face any financial consequence for his actions (or lack of action)? He's been bailed out every single time, albeit to varying extents. Just as with using a camera to film the TV instead of adopting direct capture, Phil is the (pen)ultimate inertial force. He will continue exerting only the minimum effort toward whatever is currently working until he can't squeeze any more blood from that particular stone. Then, and only then, will he scramble to make a change and then suck his own dick vigorously about how wonderful he is for making this change.
 

harbinger

DarksydePhallus
kiwifarms.net
He's also trying to mislead his audience by saying no one knows how much he makes
This is Phil Burnell, the same person who said no one guessed his “big, pahsitive reveal” correctly because no one guessed he had a cat for several months. So when he says no one knows how much he makes, he means we can estimate he made $127,200 for 2018, but in actuality he made $127,268.63 in 2018. See? We were completely wrong and had no idea what he made because we are a bunch of dumb fucks.
 

DarkSoulsPhil

kiwifarms.net
He wouldnt have to even talk to anyone when leasing his CT place out...he can get his parents to do it. He would only have to ok stuff to his parents, who he calls once a week anyway.

This guy cries poor, has 2 houses, wont sell or lease the second place, didnt tell anyone it was because of his aunt (now dead), still wont sell/lease the second place...
 

Muppetmode

kiwifarms.net
He wouldnt have to even talk to anyone when leasing his CT place out...he can get his parents to do it. He would only have to ok stuff to his parents, who he calls once a week anyway.

This guy cries poor, has 2 houses, wont sell or lease the second place, didnt tell anyone it was because of his aunt (now dead), still wont sell/lease the second place...
You’d think his parents would be nice enough to help him rent out the place instead of letting him drown in debt considering they supposedly just gave him money. But then again it could be rented out for all we know
 

ReentryPhantom

It is business related, and I still own it.
kiwifarms.net
He wouldnt have to even talk to anyone when leasing his CT place out...he can get his parents to do it. He would only have to ok stuff to his parents, who he calls once a week anyway.

This guy cries poor, has 2 houses, wont sell or lease the second place, didnt tell anyone it was because of his aunt (now dead), still wont sell/lease the second place...
I'm pretty sure he could pay a company to act as a landlord for him. I'm almost positive that is a thing.
 
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