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Started By
Message
re: 63% of new IRS audits were on folks making less than $200K.
Posted on 5/10/24 at 11:04 am to HubbaBubba
Posted on 5/10/24 at 11:04 am to HubbaBubba
quote:
The IRS would love to go after bigger fish, but that won't produced immediate results. That takes years and lawyers and courts.
The IRS will focus on street level Americans and the guppies. The bigger fish are part of the US Corporatocracy and they're also the bulk of the donor class.
2
Posted on 5/10/24 at 11:16 am to Crimson Wraith
quote:
63% of new IRS audits were on folks making less than $200K.
Let me look in my “No shite” file
Oh look…here it is
Posted on 5/10/24 at 11:19 am to Bass Tiger
quote:
The bigger fish are part of the US Corporatocracy and they're also the bulk of the donor class.
The bigger fish also use CPA firms and have lawyers. They're less likely to have made mistakes to begin with.
It sucks, but if you're the IRS and you want to increase revenue that's who you go after, the middle and upper middle class. There may or may not be a political component to this but you can make the case with simple math.
Posted on 5/10/24 at 11:21 am to Crimson Wraith
They are probably doing it because they know those people are probably less likely to be able to afford lawyers good enough to get them off or to even help
Posted on 5/10/24 at 11:27 am to Crimson Wraith
I’m willing to bet most of these middle class audits are geared towards conservatives that support Trump.
Posted on 5/10/24 at 11:31 am to Crimson Wraith
Is that including correspondence audits? I'd argue those need to be thrown out to make this data relevant.
Posted on 5/10/24 at 11:32 am to BawtHouse
quote:
but I’m not worried about being audited. Why are you?
Because it is yet another hassle from our government, who should just GTF out of the way. That's why.
Posted on 5/10/24 at 11:47 am to TDTOM
quote:
They will always find something when they audit you.
I had 2 no change audits this week.
Try again.
Poli board and blatant lies and misinformation -- name a better duo.
Posted on 5/10/24 at 11:49 am to BawtHouse
quote:
but I’m not worried about being audited.
Yeah...ok. Bro you have NO idea what kind of shite can come out of one.
You'll be having to get your name changed to ForeclosedHouse if you aren't careful...
This post was edited on 5/10/24 at 11:51 am
Posted on 5/10/24 at 11:52 am to Crimson Wraith
Those 87,000 agents are there because enough GOPe sellouts voted to fund them.
Stop voting GOPe.
Stop voting GOPe.
Posted on 5/10/24 at 11:52 am to HubbaBubba
quote:
Small businesses where owners pull in under $200k in personal income are low-hanging fruit for the IRS
The IRS knows that this group is statistically the most likely to be the tax cheats that deduct all kinds of personal shite on their tax returns.
These "business owners" need to be audited and punished for breaking the law.
Why do you support the blatant breaking and abuse of the law?
Muh middle class is the loudest bunch of entitled whiny fricks in this country.
This post was edited on 5/10/24 at 12:03 pm
Posted on 5/10/24 at 11:52 am to HubbaBubba
quote:
Small businesses where owners pull in under $200k in personal income are low-hanging fruit for the IRS and these same people are typically easy to intimidate if they aren't using a good CPA and/or tax attorney to help guide them on their investments in the business and how to properly manipulate the business to maximize LEGAL use of funds in certain questionable, but legal, strategies.
The IRS would love to go after bigger fish, but that won't produced immediate results. That takes years and lawyers and courts.
Joe's Landscape, Construction and Cleaning business, though, are pretty easy pickin's that'll bring in dollars, and this government needs dollars.
Ding ding ding. This right here.
Posted on 5/10/24 at 12:01 pm to jclem11
John Calipari and losing early in March Madness.
Posted on 5/10/24 at 12:04 pm to jclem11
quote:
Muh middle class is the loudest bunch of entitled whiny fricks in this country.
Now groomers are shilling for the IRS. We have come a long way.
Posted on 5/10/24 at 12:05 pm to Crimson Wraith
Simple logic should have prevailed but it didn't....
1.-People making over 400K a year have alot to lose and cheating on taxes seems like a high risk/low reward scheme. Most have accountants that likely aren't coloring outside the lines.
2. -The pool of folks making over 400K is not very deep compared to those making 200K and less. Less opportunity.
3. The dollar slippage is definitely with the 75K-250K crowd. There are lots of these people and most are likely doing their own taxes. This is your bread and butter for the IRS,
No way 86K hired agents were looking away from the area most recovery could come.
1.-People making over 400K a year have alot to lose and cheating on taxes seems like a high risk/low reward scheme. Most have accountants that likely aren't coloring outside the lines.
2. -The pool of folks making over 400K is not very deep compared to those making 200K and less. Less opportunity.
3. The dollar slippage is definitely with the 75K-250K crowd. There are lots of these people and most are likely doing their own taxes. This is your bread and butter for the IRS,
No way 86K hired agents were looking away from the area most recovery could come.
Posted on 5/10/24 at 12:06 pm to EZE Tiger Fan
quote:
Now groomers are shilling for the IRS.
Stating facts is shilling now?
This board has lost the plot. lmao.
Posted on 5/10/24 at 12:13 pm to jclem11
Insulting the middle class is now “stating facts”. I remember when I voted Democrat, we were supposed to love the middle class.
Now this group of tax payers are “entitled fricks”.
Now this group of tax payers are “entitled fricks”.
Posted on 5/10/24 at 12:26 pm to EZE Tiger Fan
quote:
Insulting the middle class is now “stating facts”. I remember when I voted Democrat, we were supposed to love the middle class.
Now this group of tax payers are “entitled fricks”.
I don't vote democrat. lmao.
I stand by my statement though.
Posted on 5/10/24 at 12:28 pm to EZE Tiger Fan
Bonus meme: Do you support you fellow middle class citizens blatantly breaking the tax laws and getting away with it?
Posted on 5/10/24 at 12:29 pm to jclem11
quote:
Why do you support the blatant breaking and abuse of the law?
quote:
"One has not only a legal but a moral responsibility to obey just laws. Conversely, one has a moral responsibility to disobey unjust laws."
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