Posted on 06/18/2022 6:18:45 AM PDT by where's_the_Outrage?
We’ve had our accountant do them and file them electronically.
We get our refund 2 to 3 weeks later.
To-date I have never been billed. That may change, but I think they can’t handle it. Too busy trying to service the idiots that comply.
No. How you file has no impact on the government’s ability to demand information. All that happens when you file electronically is your forms get turned into bits while you wait and goes through the processing much quicker. When you file by paper some human types in your stuff, which turns your forms into bits and then it processes. E-file doesn’t the government access to anything they didn’t already have access too, it just cuts out a middle man.
I think you meant to add "times 0.02" (or whatever the flat rate turns out to be).
That’s a major part of the backlog problem.
(The Parable of the IRS)
There was a greedy little boy who loved cake, and so, for his birthday his doting parents got him an extra large cake just for himself. To his cries of “more! more!” he shoved handfuls into his mouth until his cheeks were painfully bulged, and he couldn’t even chew, much less swallow.
Tears running down his cheeks, he finally dislodged the great bolus of smashed cake onto the table, fully intending to eat it all later, though it looked gross. (He quietly threw it away after some time.)
His parents just looked on, then finally asked him: “Problem?” To which he replied, I NEED MORE CAKE!!!
Then he went back to shoveling handfuls of cake into his mouth, at the same clip.
“Maybe he needs to eat richer cakes?”, asked his mother.
I always use software. Used to always print it out and mail it and wait and wait. But then one year we knew we’d be moving in March but at the time I was working the paperwork we hadn’t found where we were going yet. Didn’t really want to trust PO forwarding with that. But the bank account wasn’t going to change. So went efile, and the money showed up comparatively instantly and I’ve been hooked ever since.
See how europe taxes everyone with a flat tax that goes up and up and up plus all other taxes / fees. It starts out small then balloons.
Could they have used that 40 billion sent to Ukraine?
A bit condescending this morning, aren’t we?
au contraire
When you file electronically the data is immediately available to the agency (and politicians) allowing manipulation and presentation differences which highlight patterns showing where addition information can assist the IRS.
I have MS in Software Engineering supported the US GVT for over 40 years, I’ve seen it happen. Just look at Obamacare where it requires Heath Care workers to electronically input all kinds of additional data to the GVT that does nothing for the patient except take away more of the doctor’s time.
And poor people pay taxes (as they should).
Reminds me of time I was in Denver having a drink when a booming voice entered the bar and said: When Duke drinks everyone drinks. So, the barkeep poured everyone out their drink. Duke then boomed out: and when Duke pays, everyone pays.
Duke incidently was a five foot thin guy in a ten gallon hat. Almost looked like a hat with feet. Funniest guy I ever met.
I usually owe a few grand. I’ve never been penalized or had to pay interest.
Actually they say they will pay interest, I think at 5%.
They processed my tax PAYMENT quite efficiently this year.
Black market monies would get taxed when spent, which is how a consumption/sales tax works. So while they wouldn’t be collecting tax, they would still be paying tax when they buy legitimate goods and services.
It also eliminates the need for money laundering operations, so there goes a whole category of crime that no longer needs investigated and prosecuted.
The pic of all that paper is evidence of an obsolete system.
Government stifles innovation.
I believe most of the processors were out during the entire covid nonsense. So, whatever paper came in just went into the piles, one on top of the other. Maybe by 2024 they will have it cleared up.
Anyway, I reduced my current withholding to cover my 2021 refund. When I get it, they get it back.
Never tax inheritance! That’s the fastest way to destroy small farms and businesses when the kids have to sell out to pay the taxes.
And when you file by paper the data is available in a couple of days allowing manipulation and presentation differences which highlight patterns showing where addition information can assist the IRS.
They get all the same data. If you send them the IRS forms they get all the data on the forms. Electronically, paper. NO DIFFERENCE.
Don’t care about your claimed credentials. We’re talking about REALITY here. And REALITY is that your IRS forms already give them all the information they could want. They get your SocSec, they get your bank account, they get your employer. ALL that info is already there. There is absolutely ZERO difference in the info with the mechanics of your filing.
You are, quite simply, wrong. And in a very silly way that you can see yourself with just 2 seconds of thinking.
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