Up to 90% of IRS’ New $80B Expansion to Come from Small Businesses Making Less Than $200k

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FrankieP

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I work in the tax accounting trade. You'd be surprised how large of a swath of this country works as 1099 independent contractors and doesn't file a tax return lmao.

Only like 10% of the population actually pays any of the real taxes, so that is like 100k-1 million earners, mainly W2 corporate wage cucks and larger small businesses. This bill obviously goes after the latter, but you'd be surprised how many people out there regularly make 150k plus and don't pay shit lol. If you're a GC and you get 2-4 1099's doing some highly skilled trade or a truck driver you could easily hit 150k, and just not pay. Obviously this is a dangerous game when you make six figs, but the number of people doing this greatly increases once you go below 100k.

Honestly, this feels like little too late and the federal government is 5 years behind, they should have included this in the TJTA in 2017, but didn't. The Qualified Business Deduction from the Trump tax act makes zero sense and that form is confusing as shit. None of the diversity hires the IRS will be able to understand wtf is going on with the Internal Revenue Code anyways.
 

anti-barabas-ite

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IRS has it's own armed army too so watch yo ass

 

anti-barabas-ite

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I work in the tax accounting trade. You'd be surprised how large of a swath of this country works as 1099 independent contractors and doesn't file a tax return lmao.

Only like 10% of the population actually pays any of the real taxes, so that is like 100k-1 million earners, mainly W2 corporate wage cucks and larger small businesses. This bill obviously goes after the latter, but you'd be surprised how many people out there regularly make 150k plus and don't pay shit lol. If you're a GC and you get 2-4 1099's doing some highly skilled trade or a truck driver you could easily hit 150k, and just not pay. Obviously this is a dangerous game when you make six figs, but the number of people doing this greatly increases once you go below 100k.

Honestly, this feels like little too late and the federal government is 5 years behind, they should have included this in the TJTA in 2017, but didn't. The Qualified Business Deduction from the Trump tax act makes zero sense and that form is confusing as shit. None of the diversity hires the IRS will be able to understand wtf is going on with the Internal Revenue Code anyways.
We could hit peak tikun olam if everyone paid Cesar properly.

Tax scofflaws are going to be big reason world government needs biometric ID and no cash.
 

sing1876

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I know a few small business people, and I've been telling them that if they are unable to operate an all cash business under the table, that they need to hire real accountants and attorneys, not their mildly retarded cousin, but they refuse to listen, so they can have fun dealing with IRS audits.

Anyway, the good news is that the IRS is largely made up of retards, and I don't see much coming from an army of affirmative action hires. You could give them 800 trillion, and they'd still find a way to fuck things up.
 

Danespear

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I know a few small business people, and I've been telling them that if they are unable to operate an all cash business under the table, that they need to hire real accountants and attorneys, not their mildly retarded cousin, but they refuse to listen, so they can have fun dealing with IRS audits.

Anyway, the good news is that the IRS is largely made up of retards, and I don't see much coming from an army of affirmative action hires. You could give them 800 trillion, and they'd still find a way to fuck things up.
Cold comfort to the tens of thousands of real people that have and will be destroyed by them.
 

Unheil

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Yeah, getting on coinbase was enough of a chore. THEN, I had to try to get on another to trade Monero, and it was the damn verification stuff. It would just not validate :mad: I don't know where I could trade bitcoin for monero without having to try that shit again.
You could download guarda multi currency web wallet for pc, it allows you to exchange crypto currencies for other crypto currencies without verification, registration or anything. I used it to exchange bitcoin for monero to donate, and they take like 0.1% in fees when exchanging.
 
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