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The IRS Patronises anyone who makes less than $100k

Two ways that they do this — 1. "Easy mode" tax tables theimmigrant02/10/19
wonder about those who make less than $100k, who gets audite kenco02/10/19
Who cares if they audit you? If you run a cash business you theimmigrant02/10/19
just wonder how the IRS software systems red-flag returns fo kenco02/10/19
What you're talking about applies primarily to a wagie imo, theimmigrant02/10/19
my old redneck boss, who died from cancer of the colon, got kenco02/10/19
theimmigrant (Feb 10, 2019 - 4:44 pm)

Two ways that they do this —

1. "Easy mode" tax tables that don't involve doing multiplication, or having to deal with Decimals. They could easily just keep the instructions and tax tables going for 50 more pages; it's not like anyone prints them out irl and it nary matters. Implicit in this decision is the (often correct) assumption that people who make less than $100k cannot perform multiplication. It also makes those earning $100k+ feel special (which, *ahem*, the are, tbh).

2. 1040EZ


onehell, any thoughts on this? Why does the government go out of its way to neg the poor like this?

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kenco (Feb 10, 2019 - 5:01 pm)

wonder about those who make less than $100k, who gets audited?

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theimmigrant (Feb 10, 2019 - 5:27 pm)

Who cares if they audit you? If you run a cash business you might be screwed but all that they can do otherwise is compare 1099s to bank receipts to your reported Income. As long as number X matched Y & Z, who cares? You could've received $99999 in cash and as long as you don't spend it you're fine. I'm sure they pick on low-income bros with lots of supposed deductions.

Now, if audited by PriceWaterhouseCoopers — that would be a whole different story. Basically, when contending with that level of Eliteness and attention to detail you'd have no choice but to surrender all assets to the Firm — the sooner, the better, hopefully to afford leniency. Luckily, this does not happen irl to laymen, afaik.

Haven't you Accounted for various cash businesses? It seems so easy to clean/hide money. Like you could buy an old shell of a muscle car and pay Scumbags cash to fix it up - how would they know how much that should even cost (one reason why the used car business is associated with Scumbags)? They have no Scumbags or Engineers in their employ, so you could say anything. Or just do basically anything involving a rental property, just pay Jose in cash but when meeting with an auditor, just wear flannel and say you did it yourself. As long as you have a need or want to spend money on things where cash is desired, it's easy af to clean $$$.

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kenco (Feb 10, 2019 - 6:43 pm)

just wonder how the IRS software systems red-flag returns for audit.
maybe an example would be tax paid is too low for income earned.

don't follow what u r saying. the IRS asks for docs to back up deductions,
& the IRS can disallow anything they want. Most audits are correspondence only.

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theimmigrant (Feb 10, 2019 - 8:22 pm)

What you're talking about applies primarily to a wagie imo, where the only way to cheat is through exorbitant deductions and credits - the kind where no proof need be submitted, like having a Home Office or 15 kids. Business owners don't have to resort to this.

For a business owner, you have so many opportunities to cheat depending on the business. Basically anyone who pays you in cash - just don't report it at all. Like all of the cash in the cash register - just don't report it. Just hide everything from the beginning. The worst thing that happens is that a bunch of cash piles up. If that happens, just buy a used car or a Boat or something, or some other non-deductible expense, and claim like 25% of fair market value. Like why would you not do this.

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kenco (Feb 10, 2019 - 8:32 pm)

my old redneck boss, who died from cancer of the colon, got audited. Lost hard,
had to get a 2nd mortgage to pay the IRS.

he got paid cash a few times. only way i know is i sneaked a peak in his book,
he wrote stuff on his calendar like "$200 job" & "$300 job," but i never saw any remittance, so
he must have got paid cash. he visited homes to do energy audits.

"claim like 25% of fair market value."

why would the IRS care? u ever see anything about that on yo tax return?

"Like all of the cash in the cash register - just don't report it."

trouble is, only black people pay in cash. maybe that's why arabs love to run biz in ghettos

your typical white smuck uses debit card

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