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Started By
Message
re: Pucker up your buttholes, IRS to jack up audits
Posted on 5/5/24 at 9:34 am to LSUDVM1999
Posted on 5/5/24 at 9:34 am to LSUDVM1999
quote:
The IRS has been bolstered by $80 billion in new funding directed by the Inflation Reduction Act (IRA), which was signed into law in 2022 by President Joe Biden.
$80B in funding and they’ll come out in a few years and brag about how they were able to recover $1.5B in missed revenue.
And it will come from the middle class.
This post was edited on 5/5/24 at 9:36 am
0
Posted on 5/5/24 at 9:37 am to loogaroo
I love how you got this
From this
quote:
We all knew it was coming. Small businesses are the enemy of the global movement.
From this
quote:
But by focusing on big corporations, complicated partnerships and wealthy people who earn over $10 million year, the IRS wants to send a signal, he noted.
Posted on 5/5/24 at 9:47 am to Alltheway Tigers!
quote:
What is a fair share? Besides some catchy phrase that invokes class conflict, what is a fair share, especially in relation to expenditures? Shouldn’t all contribute a fair share?
I need my money lol
Posted on 5/5/24 at 8:39 pm to jclem11
quote:
lolwut? An $800K change?
How did you frick up your return that bad?
I did nothing other than sign my return, But I have now received an explanation from our accountant. The agent is so stupid that he (she?) is calling a $2 million deposit income. We moved $2 million from an investment account to a checking account and the IRS agent calls that income. That’s how incompetent these yo-yos are.
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