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Posted on 9/9/23 at 8:59 am
Posted by BestBanker
Member since Nov 2011
18235 posts
Posted on 9/9/23 at 8:59 am

This post was edited on 12/31/23 at 8:35 am
Posted by HubbaBubba
North of DFW, TX
Member since Oct 2010
48849 posts
Posted on 9/9/23 at 9:07 am to
Guess I should ask for a pay cut
Posted by faraway
Member since Nov 2022
3254 posts
Posted on 9/9/23 at 9:11 am to
quote:

Guess I should ask for a pay cut
didnt have to ask. inflation gave us all a pay cut
Posted by Tigahs24Seven
Communist USA
Member since Nov 2007
13247 posts
Posted on 9/9/23 at 9:40 am to
I have gotten two letters,for 2021 and 2022 respectively, in the past month...so far they are asking for a pretty penny that is all bullshite.
My accountant's problem now..
Hold on to your shorts.
Posted by YumYum Sauce
Arkansas
Member since Nov 2010
8985 posts
Posted on 9/9/23 at 9:45 am to
Its going to get ugly.

This will target small business owners who on paper make over their 400k a year in retained earnings etc. They will back door their way into any number over 400k on any return.

The IRS will have no choice but to audit employees as well if they want to close these things out.

If you don't think biden and company hate the middle class at this point you aren't paying attention.
Posted by fwtex
Member since Nov 2019
2938 posts
Posted on 9/9/23 at 12:25 pm to
If the IRS is going to use AI analytics then the application they use should be open source for EVERYONE to use and vet the code. Its tax funds used to create the program and there should be no confidential reason that everyone cannot use the same code to check their filings to the same IRS standards before submission.
Posted by momentoftruth87
Your mom
Member since Oct 2013
84309 posts
Posted on 9/9/23 at 12:26 pm to
Glad I’m a poor
Posted by dakarx
Member since Sep 2018
7872 posts
Posted on 9/9/23 at 1:55 pm to
Targeting $400K+ earners? Too bad they won't accurately report the triggered audits of who and why they were targeted.

More reasons for a cashless society, can't effectively tax and track cash.

Posted by timdonaghyswhistle
Member since Jul 2018
19628 posts
Posted on 9/9/23 at 1:59 pm to
Why do I have a strong suspicion that the AI will have a strong anti-conservative bias?
Posted by TigerB8
End Communism
Member since Oct 2003
10597 posts
Posted on 9/9/23 at 2:04 pm to
Covid was the first wave of eliminating Americans of the small business class. The goal is to continue to eliminate small businesses through regulations and taxes. Wealthy Conservatives have power and they don't want conservatives with power. Consolidation of business, and money and land into the hands of an elite few is the goal.

Flooding the country with poor illegals to dilute American culture and conservative voting power...then crash the systems of welfare through Cloward-Piven and step in with a tyrannical federal dictatorship of a gov't.
Posted by Revelator
Member since Nov 2008
60972 posts
Posted on 9/9/23 at 2:06 pm to
I bet these new technologies won’t target politicians
Posted by tgerb8
Huntsvegas
Member since Aug 2007
6379 posts
Posted on 9/9/23 at 2:24 pm to
quote:

there should be no confidential reason that everyone cannot use the same code to check their filings to the same IRS standards before submission.


there shouldn't be. but we all know there is.

this should all be much simpler. govt sends an invoice of what your tax money was used on during the year. a bill for x amount or a credit for x amount. and a detailed reason for why. There shouldn't be a billion dollar industry based around guessing how much the govt wants from you.
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