So some background. I was involved with a failed startup from 2018-2020. It involved myself and 2 other former friends of mine from college. Let's call them Pete and Ben. In 2018, when the business was losing money, Pete and I would pay for our own pocket and Ben would make excuses and say he would be able to cover his end the next year. In 2019, Pete had it with Ben and left the business. Ben manipulated me to thinking he was poorer than he actually was but it won't matter because we would make so much money from this business that, I would make up my investment. At this point I was putting 50% of my income into this thing. Right before the summer of 2020 was my breaking point when I found out how much he was lying to me. I hired a lawyer, and managed to get of the business clean - though I had to take a personal loan to pay for the legal fees. During the whole time that I was there (Jan 2018-May 2020), I made sure all the bills were paid and all the taxes were filed with Block Advisors, a H&R Block service.
Now I get an email from the IRS sent to my parents home (I lived there at the time) stating that I owe, as 1 of 3 partners of that business (if you can call it that as Ben changed the name of the business in May 2020 when I left), owe $5400 as a late fee because they say we haven't filed our 2018 business tax return, even though we had it filed electronically through Block Advisors.
Has anyone dealt with this before? I just want to put this part of my past behind me. I don't have that kind of money lying around as I'm still paying off the debt I took to get out of that business and paying for my wife's grad school tuition. Any help/advice would be greatly appreciated.
Submitted July 24, 2021 at 08:41PM by marbeastmodius https://ift.tt/3rxMsOx
