- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Well. I got my IRS letter.
Posted on 10/26/22 at 8:30 pm to burger bearcat
Posted on 10/26/22 at 8:30 pm to burger bearcat
I’d love to know the percentage this year. Typically less than 0.8% get audited if they file under 500k income. That number jumps big for a million over
But I now know 3 people who have gotten a letter for 2021
But I now know 3 people who have gotten a letter for 2021
Posted on 10/27/22 at 1:21 am to cbtullis
quote:
Typically less than 0.8% get audited if they file under 500k income
Yeah, that was until the retards on Capitol Hill passed a bill to double the amount of eye arr ess agents.
They have realized that the big money earners have the funding to fight their BS in litigation, so they're coming after the smaller fish that are less likely to have the ability to fight.
It's the very definition of "bullying".
Making over $80,000/yr household income? Get ready to deal with the eye arr ess every year. I'm in this category now and I've already consulted with my CPA about changes that will affect me starting in 2023 since I'm now an LLC owner as well as a full time employee of a national company. I'll be damned if I end up under the thumbs of these greedy Nazi thieves. They'll already be getting around 55% of my small business income if I just save it, so we're determining legal ways to invest back into the business and tell the eye arr ess to pound sand.
Posted on 10/27/22 at 5:53 am to cbtullis
Got my letter a few weeks ago. Mine is complicated somewhat but what they went after was 4 different 1099’s they say were not reported. However they were if they had looked more into detail. When you add 4 together you get a total which was the revenue generated. They couldn’t figure that out. My cpa issued a response and I just got the letter back they received it and will respond within months
Popular
Back to top
Follow TigerDroppings for LSU Football News