I got audited two years in a row. During the Carter presidency, I actually managed to save a couple grand and put it in CDs. The interest rate on them was 19%! Then reagan happened. I got audited because they said my tax refund was too big. No wrongdoing was discovered, so they admonished me to claim myself as a dependent. OK, fine. The next year they audited me internally, unbeknownst to me until I got the letter after the fact. Again, no wrongdoing, but it sure felt punitive, like they knew who I voted for or something. I was no kind of high roller, either. I was making roughly $20K per year.
I got to use the IRS' Direct File for 2023 taxes because I live in one of the states that doesn't have a state income tax nor was I itemizing deductions. I hope it expands nationwide next year because it was so easy to use, the instructions were clear, simple examples to follow were provided, and it was free to file. 10/10 would recommend to a friend. Never thought I would have something positive to say about the IRS, but here we are.
I remember an article in WaPo sometime over the last couple years that was illustrated with photos of how bad things were at the IRS. In one location, the cafeteria was turned into a storage facility because they had **so much** unprocessed paperwork, because they were understaffed and the computers are oldz. I really had no idea.
Also pleased to see the focus change from small moniez to big moniez filers. If you want to clear some space on yer hard drive it goes faster when you get rid of big files, first, even if it seems easier to start deleting old text files. So, likewise, I expect they can collect moar unpaid taxes with that approach.
Remember “IRS SCANDAL?” When they said NOPE to overtly political non profits? So unfair because there were mountains of wingnuts starting them at the time and why werent THE LIBERALS getting shit?
Um, because they were using the right subsection of 501 (c)? Because they can fucking read or have lawyers or accountants that can? It was so annoying….
The whining is clearly the result of funding for humanities being eliminated.
I say that because all these whiners with more than $10M either actively wanted to forget OR never learned that corporations before Raygun used to have a progressive corporate tax rate of up to 21%.
They like to pretend that never happened and their lil' corporations should NEVER be taxed.
Once upon a time -- and this is courtesy of the Raygun Administration as well (the same one that quietly took President Carter's solar panels *off* the White House roofs) -- we didn't have stock buybacks in the United States either ... but if you're wondering what kinds of policies have led to a bunch of us looking around going "How come there are so many billionaires driving up prices and pricing people out of the neighborhoods they / we grew up in?" now we know a little more.
Blech! I never eat the rich! They are nothing but gristle and bone! 🤮 I like taking their money though...those greens add more roughage to the economy to make it run better! 🥗
Hey if the rich people are obeying all the tax laws, they should should not have any objection to the increased scrutiny. Surely all of those tough on crime Republicans would not have any objection to the increased law enforcement in this matter. What's that? They want to repeal it all?
I am an estates paralegal and have dealt with the IRS for many years. If you show good faith, they will work with you. You just have to understand that they have many checks and balances to keep things on the straight and narrow. They desperately need new computers and more people. I am happy to see Old Handsome is taking care of this.
A complete rewrite of the tax code really needs to happen to prevent these greedy cheaters from cheating in the first place. An ounce of prevention is worth a pound of cure.
I got audited two years in a row. During the Carter presidency, I actually managed to save a couple grand and put it in CDs. The interest rate on them was 19%! Then reagan happened. I got audited because they said my tax refund was too big. No wrongdoing was discovered, so they admonished me to claim myself as a dependent. OK, fine. The next year they audited me internally, unbeknownst to me until I got the letter after the fact. Again, no wrongdoing, but it sure felt punitive, like they knew who I voted for or something. I was no kind of high roller, either. I was making roughly $20K per year.
Ta, Dok. Nice Times!!
I got to use the IRS' Direct File for 2023 taxes because I live in one of the states that doesn't have a state income tax nor was I itemizing deductions. I hope it expands nationwide next year because it was so easy to use, the instructions were clear, simple examples to follow were provided, and it was free to file. 10/10 would recommend to a friend. Never thought I would have something positive to say about the IRS, but here we are.
I remember getting audited when I was a college student. It was nuts.
Very Good Nice Times News.
I remember an article in WaPo sometime over the last couple years that was illustrated with photos of how bad things were at the IRS. In one location, the cafeteria was turned into a storage facility because they had **so much** unprocessed paperwork, because they were understaffed and the computers are oldz. I really had no idea.
Also pleased to see the focus change from small moniez to big moniez filers. If you want to clear some space on yer hard drive it goes faster when you get rid of big files, first, even if it seems easier to start deleting old text files. So, likewise, I expect they can collect moar unpaid taxes with that approach.
Remember “IRS SCANDAL?” When they said NOPE to overtly political non profits? So unfair because there were mountains of wingnuts starting them at the time and why werent THE LIBERALS getting shit?
Um, because they were using the right subsection of 501 (c)? Because they can fucking read or have lawyers or accountants that can? It was so annoying….
The whining is clearly the result of funding for humanities being eliminated.
I say that because all these whiners with more than $10M either actively wanted to forget OR never learned that corporations before Raygun used to have a progressive corporate tax rate of up to 21%.
They like to pretend that never happened and their lil' corporations should NEVER be taxed.
Once upon a time -- and this is courtesy of the Raygun Administration as well (the same one that quietly took President Carter's solar panels *off* the White House roofs) -- we didn't have stock buybacks in the United States either ... but if you're wondering what kinds of policies have led to a bunch of us looking around going "How come there are so many billionaires driving up prices and pricing people out of the neighborhoods they / we grew up in?" now we know a little more.
I mean, we'll see.
Blech! I never eat the rich! They are nothing but gristle and bone! 🤮 I like taking their money though...those greens add more roughage to the economy to make it run better! 🥗
Hey, I'm ecstatic about this. Not a phrase I'd thought I'd ever type, but yeah.
I know I'm very late to the party here, but I think people in the top 1% should be audited every year as a standard practice.
But it’s harder to audit rich people! Because they have all that money and stuff
Hey if the rich people are obeying all the tax laws, they should should not have any objection to the increased scrutiny. Surely all of those tough on crime Republicans would not have any objection to the increased law enforcement in this matter. What's that? They want to repeal it all?
They'll be even bigger "Job Creators", they'll all be accounting jobs but jobs none the less. I offing hate that term.
"If you've done nothing wrong, you have nothing to fear".
I mean we all know that was a bunch of bs, but the whole petard hoisting thing does bring some satisfaction
I am an estates paralegal and have dealt with the IRS for many years. If you show good faith, they will work with you. You just have to understand that they have many checks and balances to keep things on the straight and narrow. They desperately need new computers and more people. I am happy to see Old Handsome is taking care of this.
I had 2 faux pas with the Revnoors but got them settled while I was still working. Quite fairly I may say.
Now I hopefully won't cash out sooner than I want. I won't unless I need something big.
I mean when I go sit on a cloud and play a harp. Does Heaven have WiFi?
Heaven only has a single shared DSL connection.
Hell has several multihomed 40Gb/s DIA circuits.
Uncle Milburn, though very grateful for the information, I'm ... cautiously curious as to how you know all this
I read Electoral-Vote.com every morning first thing.
😁
I have waited all my life for an audit. I
A complete rewrite of the tax code really needs to happen to prevent these greedy cheaters from cheating in the first place. An ounce of prevention is worth a pound of cure.
As I said up thread, logic and the tax code have very little to do with each other.
Did I say otherwise? I don't think so. I was merely pointing out something that seldom gets pointed out🤷♀️