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Started By
Message
The IRS is just hiring 87,000 nerds to look over your tax returns. Stop being paranoid.
Posted on 8/11/22 at 8:39 am
Posted on 8/11/22 at 8:39 am
13
Posted on 8/11/22 at 8:41 am to upgrayedd
Just bear in mind that they are going to be 87,000 WOKE nerds.
Posted on 8/11/22 at 8:41 am to upgrayedd
Posted on 8/11/22 at 8:43 am to upgrayedd
Currency transaction reporting threshold will go from 10k to $600. Get ready small businesses. They will see everything.
Posted on 8/11/22 at 8:45 am to Hobo Code
quote:
Currency transaction reporting threshold will go from 10k to $600. Get ready small businesses. They will see everything.
I’m pretty sure this has already happened.
Posted on 8/11/22 at 8:48 am to NC_Tigah
quote:
NC_Tigah
Posted on 8/11/22 at 8:49 am to NC_Tigah
I still believe this is a jobs program for unemployed lawyers and those college students with worthless degrees with large student debt.
Posted on 8/11/22 at 8:51 am to upgrayedd
that's odd. i went to looks these up and i can't even access the site. 
Posted on 8/11/22 at 8:52 am to finchmeister08
quote:
that's odd. i went to looks these up and i can't even access the site.
Oh, shite. You're right. The whole website is down
Posted on 8/11/22 at 9:03 am to upgrayedd
Enjoy the prostate exams and attorney fees - even if nothing is wrong
Posted on 8/11/22 at 9:07 am to upgrayedd
quote:
The IRS is just hiring 87,000 nerds to look over your tax returns.
I have a CPA do that. I don't need to spend more in taxes for a half wit to check his work.
Posted on 8/11/22 at 9:21 am to upgrayedd
The less competent the hires the more mistakes on audits. And the IRS has an interesting method of correcting mistakes.
They send you a notice and demand $1,000.
You write an explanation of their mistake.
They won't read the explanation until you send in the $1,000.
If they eventually admit they're wrong they will then send back your fine.
They send you a notice and demand $1,000.
You write an explanation of their mistake.
They won't read the explanation until you send in the $1,000.
If they eventually admit they're wrong they will then send back your fine.
Posted on 8/11/22 at 9:23 am to Eli Goldfinger
quote:
Currency transaction reporting threshold will go from 10k to $600. Get ready small businesses. They will see everything.
I’m pretty sure this has already happened.
I think you're confusing 1099 reporting requirements for bank transaction reporting requirement. But I wouldn't be surprised if they lower the bank reporting requirements. During the Obama regime, they tried to lower the 1099 reporting requirements to almost every transaction. That was a huge nightmare.
Foreign currency transactions are going to be a big issue, too.
Posted on 8/11/22 at 9:57 am to Rex Feral
I believe they’ll are using the 1099 requirement of 600 to justify their lowering CTR requirements. I couldn’t believe it until I googled it.
Posted on 8/11/22 at 10:04 am to Rex Feral
Posted on 8/11/22 at 10:15 am to finchmeister08
quote:
i can't even access the site.
The search traffic is so excessive that it blew out the server this morning!
Posted on 8/11/22 at 11:17 am to Hobo Code
quote:
Currency Transaction Reporting
Well frick me.
Posted on 8/11/22 at 11:32 am to upgrayedd
quote:
Work a minimum of 50 hours per week, which may include irregular hours, and be on-call 24/7, including holidays and weekends.
I'm sorry. Is this a neurosurgeon residency or a job in criminal enforcement?
Posted on 8/11/22 at 12:03 pm to upgrayedd
Supposedly, the IRS just pulled the job ad. If true, I'm sure that wasn't planned at all and was pulled purely due to the backlash.
Posted on 8/11/22 at 12:04 pm to ouflak
quote:
I'm sorry. Is this a neurosurgeon residency or a job in criminal enforcement?
After using deadly force, they will assess the body to ensure all neurological responses are absent.
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