Since many people think it's unamerican to report all you income to the IRS

#51
#51
AM64 said:
So why are they exempted from making minimum wage? If there's a minimum wage, there's a minimum wage ... or there isn't. No one should be expected to pay someone else's labor cost because somehow a group of people are exempted from making the minimum wage because people supplement their income ... it's an absurd circular argument.
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Perhaps I can shed light, Servers/Bartenders work on a commission much like many sales positions. Servers who work their butts off providing exceptional service typically make much more than a poor or average server. The owner could pay the server more pass those cost along by raising prices and probably have an easier time finding help but you’d complain because your new server doesn’t have an opportunity to make more if they provide better service so why work harder
 
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#53
#53
rekinhavoc said:
New agency . No prior IRS employees may apply. I am sure in this day and age we can come up with something.
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As a CPA I have worked with many IRS agents/auditors. Also state auditors. Most are knowledgeable and businesslike.
But I've been retired for about 20 years so maybe things have changed.

The article does say that last year only 10% of phone calls with questions were answered. They are beefing up that function with more employees. That should help the average individual who prepares their own taxes.

Have you ever been audited?
 
#54
#54
Go aeiou said:
As a CPA I have worked with many IRS agents/auditors. Also state auditors. Most are knowledgeable and businesslike.
But I've been retired for about 20 years so maybe things have changed.

The article does say that last year only 10% of phone calls with questions were answered. They are beefing up that function with more employees. That should help the average individual who prepares their own taxes.

Have you ever been audited?
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The IRS is politized much like the FBI . Both should be disbanded. I am sure there are good people. How do you separate them from the bad?
 
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#55
#55
AM64 said:
So why are they exempted from making minimum wage? If there's a minimum wage, there's a minimum wage ... or there isn't. No one should be expected to pay someone else's labor cost because somehow a group of people are exempted from making the minimum wage because people supplement their income ... it's an absurd circular argument.
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Hey @DonjoVol, listen to this boomer.
 
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#56
#56
rekinhavoc said:
The IRS is politized much like the FBI . Both should be disbanded. I am sure there are good people. How do you separate them from the bad?
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I don't think the problem is with career employees in the field. If you have an audit you don't agree with you can appeal and have a hearing.
When you are talking about the top political appointees....... I have no idea.
Nonetheless I believe "bigorangemojo" can give you a much more informed current opinion if he cares to.
 
#57
#57
KB5252 said:
You know who they are going to target? People who make a living off tips......... They always promise to get the big fish but that isn't who they're casting nets for..... The very people screaming support for this the loudest to, "make the rich pay" are going to be the main targets of the IRS once this is unleashed........ But lemmings gonna lemming.
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With the way our government pisses away our tax dollars and runs up the debt, they’re going to come for everyone and everything. They’ll be coming for our 401ks before you know it
 
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#60
#60
Rasputin_Vol said:
Haven't they already come after SS since Jim Crow Joe has been in?
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I don't know anything about Jim Crow, but I do know that the government taxes 85% of my SS check, which means I really only receive about 80% of my benefits. The law has also never been indexed for inflation, so the amount that qualifies for taxes now is the same as it was 40 years ago. All the harbingers of hate for SS should get to live under the same rules I do.
 
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#61
#61
VolStrom said:
I don't know anything about Jim Crow, but I do know that the government taxes 85% of my SS check, which means I really only receive about 80% of my benefits. The law has also never been indexed for inflation, so the amount that qualifies for taxes now is the same as it was 40 years ago. All the harbingers of hate for SS should get to live under the same rules I do.
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Nothing like being taxed on the money that was taken from you without your consent and you already paid taxes on. If I’m not mistaken I think it was a one Mr Joe Biden that sponsored the bill to tax SS.
 
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#62
#62
Taxes on paid taxes
I have as much of an issue with 50% that do not pay any taxes.

Anything for the insatiable appetite. Makes me sick.
 
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#63
#63
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#64
#64
Go aeiou said:
We need this:

The IRS says its 87,000 new hires could help collect as much as $1 trillion by forcing rich tax cheats to pay up — but will more 'fire-breathing dragons' really do the trick?

Actually much of the under reporting is caused by honest mistakes.
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Lol. You dont need 87,000 agents to go after the big guys. That's purely a priority issue, they should already be (and probably are) focusing on the biggest spenders, best ROI. You need 87,000 to go after the smaller amounts, the ones actually slipping thru the cracks.

You wont collect an extra billion from the rich. The still have their accountants and lawyers.

All income going to include cash now? That's the biggest cheat.

And oh yeah those 600 dollar venmos.....

Only those making over 400k, ha ha ha
 
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#65
#65
LouderVol said:
Lol. You dont need 87,000 agents to go after the big guys. That's purely a priority issue, they should already be (and probably are) focusing on the biggest spenders, best ROI. You need 87,000 to go after the smaller amounts, the ones actually slipping thru the cracks.

You wont collect an extra billion from the rich. The still have their accountants and lawyers.

All income going to include cash now? That's the biggest cheat.

And oh yeah those 600 dollar venmos.....

Only those making over 400k, ha ha ha
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You are correct. I used to be in the home building industry, and subs paid their employees in cash and didn't treat them as employees. All knds of businesses that receive cash pay cash under report their income. Restaurants are likely the worst.
But still, if your goal is more revenue you need to audit the big money. If you audit the small under reporter you might get more compliance via word of mouth.

It's not 87,000 new auditors. AS Mojo points out the money will be spread out.
The IRS is woefully understaffed in customer service. Also, in the article It is estimated that 50,000 employees will retire in the next 5 years, and this money is spread out over 10 years.
 
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#66
#66
Go aeiou said:
You are correct. I used to be in the home building industry, and subs paid their employees in cash and didn't treat them as employees. All knds of businesses that receive cash pay cash under report their income. Restaurants are likely the worst.
But still, if your goal is more revenue you need to audit the big money. If you audit the small under reporter you might get more compliance via word of mouth.

It's not 87,000 new auditors. AS Mojo points out the money will be spread out.
The IRS is woefully understaffed in customer service. Also, in the article It is estimated that 50,000 employees will retire in the next 5 years, and this money is spread out over 10 years.
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Why must you rain on our parade with common sense and logic, please spend more time posting to “Funny Pictures” and “Political Memes” please
 
#67
#67
Wireless1 said:
Why must you rain on our parade with common sense and logic, please spend more time posting to “Funny Pictures” and “Political Memes” please
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Well, I am the OP. I did not post this in the "Politics" area. It was immediately moved there though. I guess the mods knew what they were doing. I guess I should STFU.
 
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#68
#68
Go aeiou said:
It's not 87,000 new auditors. AS Mojo points out the money will be spread out.
The IRS is woefully understaffed in customer service. Also, in the article It is estimated that 50,000 employees will retire in the next 5 years, and this money is spread out over 10 years.
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I never knew IRS had customer service...
 
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#75
#75
C-south said:
Yep. They reward the worthless and punish success. They’ll be lining up at H&R Block in a couple weeks to get their free welfare money rapid refunded.
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Earned income credit. I suppose the IRS counts illegal money made from selling dope in determining who to distribute free earned income money too.
 
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