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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 12:33 pm to BawtHouse
Posted on 5/10/24 at 12:33 pm to BawtHouse
quote:
I’d rather see the money be spent on something other than a lot of new IRA salaries, but I’m not worried about being audited. Why are you?
I hope you get audited.
1
Posted on 5/10/24 at 12:34 pm to Crimson Wraith
That income bracket most likely does their own taxes or hires someone to do the filling out of forms and submits. That's your "low hanging fruit". Above that amount people start paying for professional tax advice and the IRS isn't going to make bank going up against people that are paid to be smarter than the IRS . anybody that thought millionaires were going to be the IRSs targets were willingly naive
This post was edited on 5/10/24 at 12:36 pm
Posted on 5/10/24 at 12:37 pm to jclem11
How much are you paid as a loser irs employee? I hope everyone hides as much as they can.
Posted on 5/10/24 at 12:38 pm to Crimson Wraith
Rich people tend to have CPAs and tax attorneys. News at 11.
Posted on 5/10/24 at 12:53 pm to EZE Tiger Fan
quote:
I remember when I voted Democrat, we were supposed to love the middle class.
Democrats are nothing but soy boys, simps and the women that rule their lives.
Its Karenism in organized form.
Democrats may be right on gender. They may be born male, but they sure as frick dont know how to act like one.
Dems support the IRS and FBI because they fricking fear freedom.
Posted on 5/10/24 at 1:13 pm to dgnx6
quote:
I hope you get audited.
Annually.
He would love it. Could even brag to the other basic bitches.
Posted on 5/10/24 at 1:17 pm to Dixie2023
quote:
How much are you paid as a loser irs employee?
$0. I have and always will work in private practice.
quote:
I hope everyone hides as much as they can.
Oh look another law and order Andy co-signing the breaking of the law.
Posted on 5/10/24 at 1:20 pm to BawtHouse
quote:
I’d rather see the money be spent on something other than a lot of new IRA salaries, but I’m not worried about being audited. Why are you?
Only jurisdiction in the country where you are guilty until proven innocent. What could possibly go wrong?
Posted on 5/10/24 at 1:23 pm to Lee B
quote:
Audits are random
Wrong.
Posted on 5/10/24 at 1:24 pm to Bass Tiger
quote:
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.
The IRS goes after billionaires too. Those are the fun fights.
Posted on 5/10/24 at 1:27 pm to jclem11
quote:
blatantly breaking the tax laws and getting away with it?
Link?
Posted on 5/10/24 at 1:28 pm to BBONDS25
quote:
The IRS goes after billionaires too. Those are the fun fights.
Have you ever been part of these fights?
I finished up 2 audits this week and both dragged on way too long as the agents just went MIA for months. Neither are billionaires but both are multi-millionaires.
Posted on 5/10/24 at 1:39 pm to jclem11
quote:
Have you ever been part of these fights?
Yep. Argued in Tax court and fed court many times.
quote:
I finished up 2 audits this week and both dragged on way too long as the agents just went MIA for months. Neither are billionaires but both are multi-millionaires.
I went to full trial over 1.6MM from a trust that had already been drained by the IRS. There was zero money they had not taken. They went to trial “on principal.” That was a fun one.
IRS attorneys are a-holes. I once flew to another state to meet with the Service’s attorney. Got to the office and the secretary said “oh. She said she is so sorry. She isn’t going to make it today. She forgot to tell you.”
This post was edited on 5/10/24 at 1:41 pm
Posted on 5/10/24 at 1:47 pm to Lee B
quote:
Audits are random... like if traffic stops were just based on "pull over every 25th car that passes today to make sure they are in compliance
Not true in the new world of AI.
Posted on 5/10/24 at 2:18 pm to BawtHouse
quote:
I’m not worried about being audited.
I’m sure you’re not. They’re not bothering with you $25k types working the french fry station.
Posted on 5/10/24 at 2:19 pm to BawtHouse
Kill yourself
Posted on 5/10/24 at 2:46 pm to BawtHouse
quote:
I’d rather see the money be spent on something other than a lot of new IRA salaries, but I’m not worried about being audited. Why are you?
Good boy
Posted on 5/10/24 at 2:54 pm to HubbaBubba
quote:Yup.
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.
Posted on 5/10/24 at 3:38 pm to BawtHouse
quote:
but I’m not worried about being audited. Why are you?
found the guy that has never been audited…
Posted on 5/10/24 at 4:29 pm to 3nOut
It doesn’t have to be 5k. Did my taxes last year, paid 3800. 6 months later got a letter I owe another 300 plus. Then 2 months later another letter I owe 180.
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