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RE: Sidney Lowe arrested for not filing NC income tax returns

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Posted: 2/18/2013 10:50 PM

RE: Sidney Lowe arrested for not filing NC income tax returns 


Whats Folwer have to say about this? Sid's his guy and he knows basketball. AD of the year and all.
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Posted: 2/18/2013 11:14 PM

Re: Sidney Lowe arrested for not filing NC income tax returns 




---------------------------------------------
--- WolfpackPete wrote:

Best post ever!

Turbo tax is your friend!  Did my taxes last night and it took me all of 30 minutes.
mark4java wrote: Second!
camvilpack wrote:
grantwolf wrote: You have to pay taxes on your wages, regardless of whether or not you earned them.
LOLOL!!!!!!! Nominated.


---------------------------------------------

Easy when you make min wage !
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Posted: 2/18/2013 11:16 PM

Re: Sidney Lowe arrested for not filing NC income tax returns 


Maybe this will help some of y'all with the distinction that's causing some confusion. It's not failure to PAY taxes, it's failure to file, that is a misdemeanor in NC.

**I know nothing whatsoever about Sid's case. Just pointing out the legal issue causing some questions.
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Posted: 2/18/2013 11:25 PM

Re: Sidney Lowe arrested for not filing NC income tax returns 



Bryanth1a wrote:
PackMentality87 wrote: Eddie Biedenbach was just on the radio in Asheville (AM 570) and said he just got off the phone with "some people very close to" Lowe.  He said he was told that Sidney, his accountant and his attorney had known about this for 2 months and Sidney flew out to Raleigh "to get this taken care of" and apparently the arrest was NOT expected.  He also said Lowe is currently on a plane back to Salt Lake City.  He also said that "in the end this will not look as serious as it does right now."

Well.


That said, I eagerly await a tweet or two from 'ol Lee.
Well, this sounds like a set up to me.  Trust me, I know all about being set up. 
knows about not paying taxes too...

"Former D.C. mayor Marion Barry pleaded guilty yesterday to two misdemeanor tax charges, admitting in federal court that he failed to pay most of his income taxes for five years after departing from the District government in 1999."

http://www.washingtonpost.com/wp-dyn/content/artic le/2005/10/28/AR2005102801028_2.html

maybe Sid can run for the DC Council.



drink beer straight from the bottle...brilliant!
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Posted: 2/19/2013 7:06 AM

RE: Sidney Lowe arrested for not filing NC income tax returns 


Trending on Yahoo: #1 Sidney Lowe arrested.

He beat out a Kardashian for the top spot this morning....
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Posted: 2/19/2013 7:31 AM

RE: Sidney Lowe arrested for not filing NC income tax returns 




---------------------------------------------
--- packmanncsu wrote:


CalStabbinsGhost wrote:

---------------------------------------------
--- yannes wrote:

It has to be a conspiracy. Did anyone find out if the judge went to UNC?

---------------------------------------------

The judge?

If you are going to sound jaded and scoffing, it's best not to sound stupid in the process.
OK, he misspoke, magistrate.  You can't just take out criminal warrants all willy nilly, a judicial official has to find probable cause.  Doesn't sound terribly stupid if you're not in a profession associated with the law.  I do agree with the "jaded and scoffing" part of your post though, people care WAY too much about where someone went to school, graduated from school, or drove by that one time headed to the fairgrounds.

---------------------------------------------
Actually, sworn law enforcement personnel with the Department of Revenue have powers of arrest.
__________________________________
Come toward the light....
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Posted: 2/19/2013 9:29 AM

Re: Sidney Lowe arrested for not filing NC income tax returns 


In the N&O this morning, the article said he was charged with failure to pay and failure to file.  Some were speculating that maybe he had wages withheld and just failed to FILE.  But this sounds like money was not withheld AND he didn't file.  That must be the case because I don't think they come arrest people for simply not filing.
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Posted: 2/19/2013 9:33 AM

Re: Sidney Lowe arrested for not filing NC income tax returns 




---------------------------------------------
--- RedTerror29 wrote:


copper2945 wrote: Off topic but, my CPA is a former IRS agent and told me if you are using computer programs, such as TurboTax, you are someone who does not mind the govt keeping more of your money than they are entitled to. He said there are gray areas the IRS hates for you to put money in certain places, but it is not illegal.
So a CPA advocates using a CPA instead of tax software?  I'm sure if you could ask your tax software they would come out the other way...

---------------------------------------------

I have had 3 different friends who were using accounting software, previously, who took their past 3 years tax returns to this guy and he got them an additional $1,500-$5,000 in their ammended tax returns....so keep using that turbo tax.

Too many Urkels on your team, that's why your wins low

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Posted: 2/19/2013 9:48 AM

Re: Sidney Lowe arrested for not filing NC income tax returns 



TruthBKnownReturns wrote: In the N&O this morning, the article said he was charged with failure to pay and failure to file.  Some were speculating that maybe he had wages withheld and just failed to FILE.  But this sounds like money was not withheld AND he didn't file.  That must be the case because I don't think they come arrest people for simply not filing.
How do they not take tax withholdings out when he was working for us?
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Posted: 2/19/2013 10:03 AM

Re: Sidney Lowe arrested for not filing NC income tax returns 



Steven1974 wrote:
TruthBKnownReturns wrote: In the N&O this morning, the article said he was charged with failure to pay and failure to file.  Some were speculating that maybe he had wages withheld and just failed to FILE.  But this sounds like money was not withheld AND he didn't file.  That must be the case because I don't think they come arrest people for simply not filing.
How do they not take tax withholdings out when he was working for us?


I'm sure NCSU did.  But a huge portion of any head coach's salary comes from various side deals:  TV show, radio show, endorsements, shoe contracts, etc, etc.
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Posted: 2/19/2013 10:03 AM

Re: Sidney Lowe arrested for not filing NC income tax returns 



TruthBKnownReturns wrote: In the N&O this morning, the article said he was charged with failure to pay and failure to file.  Some were speculating that maybe he had wages withheld and just failed to FILE.  But this sounds like money was not withheld AND he didn't file.  That must be the case because I don't think they come arrest people for simply not filing.
That just means someone at the tax office reads this board. Pre-emptive damage control before they catch hell for arresting and persecuting someone trying to cooperate with them. The publicans were crooked thieves in Jesus' day, and not a darn thing has changed.
God, Family, Wolfpack.
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Posted: 2/19/2013 10:16 AM

Re: Sidney Lowe arrested for not filing NC income tax returns 


Our "rivals" over there in Orange County got their mug shot published all over the place. When all is said and done, I'll bet you'll find out that is all this boils down to.
packfanstk wrote:
TruthBKnownReturns wrote: In the N&O this morning, the article said he was charged with failure to pay and failure to file.  Some were speculating that maybe he had wages withheld and just failed to FILE.  But this sounds like money was not withheld AND he didn't file.  That must be the case because I don't think they come arrest people for simply not filing.
That just means someone at the tax office reads this board. Pre-emptive damage control before they catch hell for arresting and persecuting someone trying to cooperate with them. The publicans were crooked thieves in Jesus' day, and not a darn thing has changed.
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Posted: 2/19/2013 10:24 AM

Re: Sidney Lowe arrested for not filing NC income tax returns 


I respectfully disagree.  I was never Sid's biggest fan but I'm more than willing to wait this out to hear more.   What he should've done and what happened may be two entirely different things.   We're going to see more and more of this from people in all tax brackets soon.   I hope that there's more to this.


FeloniousQ wrote:
1321wolf wrote: A lot of people throwing Sid under the bus with very, very little information.
Non-filing of taxes isn't exactly a he said she said crime.  Either you did or you didn't.
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Posted: 2/19/2013 11:59 AM

Re: Sidney Lowe arrested for not filing NC income tax returns 



TruthBKnownReturns wrote: Sidney should get Gov. Martin to investigate this.  pirate

(I can't take credit for this one -- saw it on a WRAL blog...)
He should have hired a tutor to take care of it.

GH
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Posted: 2/19/2013 12:05 PM

Re: Sidney Lowe arrested for not filing NC income tax returns 


How can you get arrested, pay a $10,000 bond, and then hop on a plane to Salt Lake City the same day to coach an NBA game the next night.

If the charges were so egregious to warrant an arrest, why would they let him leave the state until it was solved? 

Or did they just feel they needed to arrest him to get a court date scheduled to get his attention because they were tired of waiting?
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Posted: 2/19/2013 12:22 PM

RE: Sidney Lowe arrested for not filing NC income tax returns 


Still sounds like a bad accountant issue.
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Posted: 2/19/2013 12:24 PM

Re: Sidney Lowe arrested for not filing NC income tax returns 



copper2945 wrote:

---------------------------------------------
--- RedTerror29 wrote:


copper2945 wrote: Off topic but, my CPA is a former IRS agent and told me if you are using computer programs, such as TurboTax, you are someone who does not mind the govt keeping more of your money than they are entitled to. He said there are gray areas the IRS hates for you to put money in certain places, but it is not illegal.
So a CPA advocates using a CPA instead of tax software?  I'm sure if you could ask your tax software they would come out the other way...

---------------------------------------------

I have had 3 different friends who were using accounting software, previously, who took their past 3 years tax returns to this guy and he got them an additional $1,500-$5,000 in their ammended tax returns....so keep using that turbo tax.
Do you know what additional deductions he took on their behalf?    Not to belittle either way, but even with turbo tax you can stretch the grey areas.  example would be the value you placed on those donated clothes to the salvation army?   stuff like that.   Do your friends know what "extra" deductions he took?  I would be interesting to know?
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Posted: 2/19/2013 12:29 PM

Re: Sidney Lowe arrested for not filing NC income tax returns 


Apparently the Jazz don't think it's that big of a deal....

"According to head coach Tyrone Corbin, Lowe will be in Utah on Tuesday for the Jazz’s morning shootaround and their game against Golden State at EnergySolutions Arena.

Corbin has spoken with Lowe but declined further comment on the situation. "It’s a personal matter," Corbin said. "We’ll deal with it. [Lowe] will make a statement at some point but it’s a personal matter. ... Things happen. You deal with it."

Like Corbin, center Al Jefferson didn’t think the situation will impact the Jazz, whose game against Golden State is one with major playoff implications.

"That’s a personal matter with him," Jefferson said. "Coach is a great guy, man. I don’t know the story about it. ... But he’ll take care of it."

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Posted: 2/19/2013 12:31 PM

RE: Sidney Lowe arrested for not filing NC income tax returns 


Out of curiousity, do you think this arrest would have taken place if Sid was still NC State's basketball coach?

"If you want the truth, ask me".

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Posted: 2/19/2013 12:35 PM

RE: Sidney Lowe arrested for not filing NC income tax returns 



Bryanth1a wrote: Out of curiousity, do you think this arrest would have taken place if Sid was still NC State's basketball coach?
If Sid was still our coach, half of PP would have been arrested by now.
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Posted: 2/19/2013 12:40 PM

RE: Sidney Lowe arrested for not filing NC income tax returns 



Bryanth1a wrote:

Out of curiousity, do you think this arrest would have taken place if Sid was still NC State's basketball coach?

Good question.


You'd like to think that if he was still our Coach that he would have had his things in order, but the tax years in question was when he was our Coach.

I think the Jazz hired him shortly after he resigned here so it's not like he has been sitting around unemployed twittling his thumbs.

There's just something about the whole thing that does not quite pass the taste test, especially the arrest itself.


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Posted: 2/19/2013 12:52 PM

Re: Sidney Lowe arrested for not filing NC income tax returns 


Just wondering......do basketball coaches have to file taxes in every state they play games in?  i.e. does Gott have to file for Virginia, Maryland, etc for 2013?   Seems like on one of the 30-for-30 ESPN specials they said a lot of pro athletes run into tax problems because they don't realize they have to pay taxes for every state they "work" in.
---
You know you're winning big when a football player can talk to girls on the sideline during a college football game.

-11/22/08 B. Rozinski referring to Robbie Leonard during 41-10 pasting of UNCCH
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Posted: 2/19/2013 1:28 PM

RE: Sidney Lowe arrested for not filing NC income tax returns 



Bryanth1a wrote: Out of curiousity, do you think this arrest would have taken place if Sid was still NC State's basketball coach?

Yes.  Someone would've blown the whistle eventually.
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Posted: 2/19/2013 1:32 PM

RE: Sidney Lowe arrested for not filing NC income tax returns 



PackDynasty wrote:
Bryanth1a wrote: Out of curiousity, do you think this arrest would have taken place if Sid was still NC State's basketball coach?

Yes.  Someone would've blown the whistle eventually.







lololol

"If you want the truth, ask me".

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Posted: 2/19/2013 2:00 PM

RE: Sidney Lowe arrested for not filing NC income tax returns 


Hey....let justice prevail. If he is guilty then so be it. If he is not, then let it be also.

Unlike our "brethren" a few miles away, I am not going advocate a cover-up, and furthermore, I'm not going to pass judgement until I know a little more. If he's guilty then he'll face the music.
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Posted: 2/19/2013 2:28 PM

Re: Sidney Lowe arrested for not filing NC income tax returns 


I only know what I've read on here. That said, I can't believe he didn't get plenty of warnings, over the last three years. Maybe he's been fighting it all along. But I would think he should've filed returns, while fighting it. Arresting him is just following procedure, no?
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Posted: 2/19/2013 2:31 PM

Re: Sidney Lowe arrested for not filing NC income tax returns 



HackerWolf wrote: Just wondering......do basketball coaches have to file taxes in every state they play games in?  i.e. does Gott have to file for Virginia, Maryland, etc for 2013?   Seems like on one of the 30-for-30 ESPN specials they said a lot of pro athletes run into tax problems because they don't realize they have to pay taxes for every state they "work" in.
depends on the state. Some states view games played in that state as earned income in that state.
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Posted: 2/19/2013 3:03 PM

Re: Sidney Lowe arrested for not filing NC income tax returns 



st8dukegrad87 wrote:
HackerWolf wrote: Just wondering......do basketball coaches have to file taxes in every state they play games in?  i.e. does Gott have to file for Virginia, Maryland, etc for 2013?   Seems like on one of the 30-for-30 ESPN specials they said a lot of pro athletes run into tax problems because they don't realize they have to pay taxes for every state they "work" in.
depends on the state. Some states view games played in that state as earned income in that state.
I travel (occasionally) with my job but my pay check still comes from NC.  That may be true but it sure does not make sense.


I hope when it's all said and done that Sid receives a refund.
___________________________________________________________________
My heroes have always been plowboys
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Posted: 2/19/2013 3:35 PM

Re: Sidney Lowe arrested for not filing NC income tax returns 



83grad wrote:
st8dukegrad87 wrote:
HackerWolf wrote: Just wondering......do basketball coaches have to file taxes in every state they play games in?  i.e. does Gott have to file for Virginia, Maryland, etc for 2013?   Seems like on one of the 30-for-30 ESPN specials they said a lot of pro athletes run into tax problems because they don't realize they have to pay taxes for every state they "work" in.
depends on the state. Some states view games played in that state as earned income in that state.
I travel (occasionally) with my job but my pay check still comes from NC.  That may be true but it sure does not make sense.


I hope when it's all said and done that Sid receives a refund.
Likewise, I doubt truckers have to file in every state they drive through.
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Posted: 2/19/2013 5:18 PM

Re: Sidney Lowe arrested for not filing NC income tax returns 


Pro athletes do not have to pay taxes in every state they play games in BUT there are several states (in some instances these are not actually the state but the City governments-I am pretty sure Philadelphia is one) that do have special tax laws that require athletes and performers to pay tax on earnings from events held there.
PackLitig8r wrote:
83grad wrote:
st8dukegrad87 wrote:
HackerWolf wrote: Just wondering......do basketball coaches have to file taxes in every state they play games in?  i.e. does Gott have to file for Virginia, Maryland, etc for 2013?   Seems like on one of the 30-for-30 ESPN specials they said a lot of pro athletes run into tax problems because they don't realize they have to pay taxes for every state they "work" in.
depends on the state. Some states view games played in that state as earned income in that state.
I travel (occasionally) with my job but my pay check still comes from NC.  That may be true but it sure does not make sense.


I hope when it's all said and done that Sid receives a refund.
Likewise, I doubt truckers have to file in every state they drive through.

Last edited 2/19/2013 5:19 PM by CESODwolf

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Posted: 2/19/2013 5:23 PM

RE: Sidney Lowe arrested for not filing NC income tax returns 


Pro athletes do pay taxes in states they play games. You think a state is going to let an athlete making $1 million a game not pay taxes?
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Posted: 2/19/2013 5:25 PM

Re: Sidney Lowe arrested for not filing NC income tax returns 


I hope that this does not turn out to be too serious for Sid.  I also respect Coach Biedenbach's opinion but from what I saw posted he did not say that he thought that this would not be too serious in the end.  He said that someone close to Sid told him that this would not be too serious in the end.  Hopefully, that party is correct in their assessment.
PackMentality87 wrote: Eddie Biedenbach was just on the radio in Asheville (AM 570) and said he just got off the phone with "some people very close to" Lowe.  He said he was told that Sidney, his accountant and his attorney had known about this for 2 months and Sidney flew out to Raleigh "to get this taken care of" and apparently the arrest was NOT expected.  He also said Lowe is currently on a plane back to Salt Lake City.  He also said that "in the end this will not look as serious as it does right now."

Well.


That said, I eagerly await a tweet or two from 'ol Lee.
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Posted: 2/19/2013 5:42 PM

RE: Sidney Lowe arrested for not filing NC income tax returns 


NC Dept of Rev usually only files crim charges as a last resort....strange and sad

My father gave me the greatest gift anyone could give another person, he believed in me. 
Jim Valvano 

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Posted: 2/19/2013 5:51 PM

RE: Sidney Lowe arrested for not filing NC income tax returns 



CalStabbinsGhost wrote:

---------------------------------------------
--- packmanncsu wrote:


CalStabbinsGhost wrote:

---------------------------------------------
--- yannes wrote:

It has to be a conspiracy. Did anyone find out if the judge went to UNC?

---------------------------------------------

The judge?

If you are going to sound jaded and scoffing, it's best not to sound stupid in the process.
OK, he misspoke, magistrate.  You can't just take out criminal warrants all willy nilly, a judicial official has to find probable cause.  Doesn't sound terribly stupid if you're not in a profession associated with the law.  I do agree with the "jaded and scoffing" part of your post though, people care WAY too much about where someone went to school, graduated from school, or drove by that one time headed to the fairgrounds.

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Actually, sworn law enforcement personnel with the Department of Revenue have powers of arrest.
Right, but unless they were physically there and watching when he didn't pay his taxes, they would need a magistrate to find probable cause that he didn't pay his taxes and grant them a warrant when they swore to the evidence they have.  A law enforcement officer just doesn't write up a warrant and serve it, that's where judges and magistrates come in.
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Posted: 2/19/2013 5:51 PM

Re: Sidney Lowe arrested for not filing NC income tax returns 




---------------------------------------------
--- PackLitig8r wrote:


83grad wrote:
st8dukegrad87 wrote:
HackerWolf wrote: Just wondering......do basketball coaches have to file taxes in every state they play games in?  i.e. does Gott have to file for Virginia, Maryland, etc for 2013?   Seems like on one of the 30-for-30 ESPN specials they said a lot of pro athletes run into tax problems because they don't realize they have to pay taxes for every state they "work" in.
depends on the state. Some states view games played in that state as earned income in that state.
I travel (occasionally) with my job but my pay check still comes from NC.  That may be true but it sure does not make sense.


I hope when it's all said and done that Sid receives a refund.
Likewise, I doubt truckers have to file in every state they drive through.

---------------------------------------------


Actually it might have to do with the contract. I think pro players are paid per game. Coaches may have a normal monthly salary.
---
You know you're winning big when a football player can talk to girls on the sideline during a college football game.

-11/22/08 B. Rozinski referring to Robbie Leonard during 41-10 pasting of UNCCH
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Posted: 2/19/2013 5:55 PM

RE: Sidney Lowe arrested for not filing NC income tax returns 



crusherl wrote: Pro athletes do pay taxes in states they play games. You think a state is going to let an athlete making $1 million a game not pay taxes?
Well, almost every state.  There are about nine states with no income tax (four have several pro teams in them).  This is a relatively new thing which has caught on and spread to several large cities and most states as pro athlete earnings have skyrocketed.
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Posted: 2/19/2013 9:14 PM

Re: Sidney Lowe arrested for not filing NC income tax returns 



PackLitig8r wrote:
83grad wrote:
st8dukegrad87 wrote:
HackerWolf wrote: Just wondering......do basketball coaches have to file taxes in every state they play games in?  i.e. does Gott have to file for Virginia, Maryland, etc for 2013?   Seems like on one of the 30-for-30 ESPN specials they said a lot of pro athletes run into tax problems because they don't realize they have to pay taxes for every state they "work" in.
depends on the state. Some states view games played in that state as earned income in that state.
I travel (occasionally) with my job but my pay check still comes from NC.  That may be true but it sure does not make sense.


I hope when it's all said and done that Sid receives a refund.
Likewise, I doubt truckers have to file in every state they drive through.
The difference is that a trucker does not earn $100k in one night where an NBA player or PGA golfer might.
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Posted: 2/20/2013 1:56 PM

Re: Sidney Lowe arrested for not filing NC income tax returns 



Amen !!!

HollySpringsWolf wrote: I need a little more information here before I pass judgement.

He SHOULD have filed an NC income tax return, based on his employment, and that he earned most of his income in NC.

However, where did he claim permanent residency?

It's not like he didn't pay any NC taxes, due to the withholding.  Heck, he may even be eligible for a refund.

Let's hear some more before we blast the guy, ok?
'81

"He is no fool who gives up what he can't keep to gain what he cannot lose" - Jim Elliot - Martyred Missionary to the Auca Indians.

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Posted: 2/20/2013 2:04 PM

Re: Sidney Lowe arrested for not filing NC income tax returns 



GAWolf wrote: Maybe this will help some of y'all with the distinction that's causing some confusion. It's not failure to PAY taxes, it's failure to file, that is a misdemeanor in NC.

**I know nothing whatsoever about Sid's case. Just pointing out the legal issue causing some questions.
So why the handcuffs?
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Posted: 2/20/2013 2:23 PM

Re: Sidney Lowe arrested for not filing NC income tax returns 



2packfans4ever wrote:
GAWolf wrote: Maybe this will help some of y'all with the distinction that's causing some confusion. It's not failure to PAY taxes, it's failure to file, that is a misdemeanor in NC.

**I know nothing whatsoever about Sid's case. Just pointing out the legal issue causing some questions.
So why the handcuffs?
You make a good point. Since these are misdemeanors, the charges could have been done as criminal summonses, which only require service but no arrest, rather than as warrants, which require an arrest. Obviously, someone at the Department of Revenue wanted to grandstand and make an example of him.
"Here stands baseball's perfect warrior. Here stands baseball's perfect knight." - Ford C. Frick referring to Stan Musial.  
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