How about your political positions?
i hope you paid cash for your MAGA hat
repeal 16
national sales tax
corporations have a social credit score called ESG
who do you think would impose the social credit score for individuals?
When can we audit them?
Why are we paying for all this?
What about taking millions in bribes from Russia, Ukraine, China, Mideast and anyone in the USA?
Bkmk
I am wondering if it might be wiser to NOT file the coming tax season as when you sign the tax return even if electronically you are swearing it is a true statement as by doing so opens all kinds of laws broken...
Thanks for an article full of good tips.
Restaurant wait staff working tips, (at el)... look out! Risk Mitigation from the revenuer”s shouldn’t be at the top of anyones plan, but it’s going to be. I reckon we’re all considered tax cheats until proven otherwise.
Flat tax is much more equitble than this bull... besides, paying for a full service accountant is getting expensive, but it’s “deductible” right? Increasing the standard deduction took care of any deductibles that middle income wage earners could leverage to keep their hard earned money in their pockets.
My only wish is that individuals could refuse these government handouts.
I don’t need the extra income on my taxes to be honest, but they send me these checks and they don’t even ask me if I want them or not! Which is total BS.
However, if you do not use the stimulus checks and save them for upcoming taxes I guess from an accounting perspective the sheet might balance itself out. Maybe... but it remains OPM (other peoples money) and that might not be constitutional.
ICYMI last go ‘round, if the government pays students loans guess what the government’s going to do? They are going to tax that money that students were given to pay their loans onto their individual taxable income.
Convoluted, confusing, and entirely unnecessary. It’s time for a flat tax... but even that will creep.
Thx for posting.
Oh, great.
Claiming EITC on children is not one of those, yet, it is one of the most abused frauds out there.
That last one (foreign earned income) is a biggie. When I was the unit tax advisor while stationed in Germany, I had a lot of military folks who worked on the NATO side of the house and insisted they can take the foreign earned income deduction. I told them, “no your salary is paid by Uncle Sam, so you do not qualify.” They still insisted, so I refused to prepare their taxes. I ran into three of them a few years later, and they told me they got audited and paid some significant penalties.
Failing to Report All Taxable Income
That leaves me out I’m not in the Biden family.