- 64,964
- 196,092
Y'all were cheering the bill that put in place getting passed, but now y'all pissed because they are taking away your tax evasion scheme.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
The British should have wonYES!
All these guys are the same.
Same crooks, different color/letter/party
did you think I wouldn't check the link?Most Americans, including half of young Democrats, disapprove of Biden's handling of recent Gaza crisis
A new poll shows a majority of Americans disapproved of President Joe Biden's effort to end the recent Gaza fighting, that an increasing amount of Democrats want the U.S. to lean toward the Palestinians, and that more Americans think Iran possesses nuclear weapons than think Israel does.www.brookings.edu
I don't think qualifying criticism of Biden's approach to the crisis as hyperbolic is warranted. He hasn't exactly reflected the most popular position among Democrats.
- who knows of, or is related to innocent victims of Israeli bombings, which have been publicly embraced by Biden.
I think it's naive to think that proximity to the crisis will not affect Arab-Americans' opinion of Biden and the Democratic party. When your family/friends are dying, you tend to not care very much for the differences that exist between those who allow the killing to happen.
Y'all were cheering the bill that put in place getting passed, but now y'all pissed because they are taking away your tax evasion scheme.
Dude, my point is that the previous standard the IRS was working under, was giving the vast majority of people a loophole to evade those taxes by the threshold being that high.You may not like what I'm saying on this topic, but when it was $20k AND 200 transactions, and someone only sold, let's say $6,000 & had 70 transactions, if they didn't get a 1099, it's not necessary to report it.
For years, selling cars, Ford would put money on particular cars (and paid by Ford directly, even though we don't work for them). And when I sold one, the title clerk, when she reports the sale in my name, she would also report the "SPIN" with my last 4 of my SS. The value of the spin was minimum $75, but could go to $500. Most were minimum but every so often I would get a $150 or $300 one.
When I would do my taxes, my preparer ho had done my taxes for years, asked how much I got. Some years, it was $2k, when Ford was really doing well (mid 2000s for example) and then I'd get a 1099. One year I only got $500. She said since I did NOT get a 1099, she didn't need to report it. This is coming from a tax professional. And this was common knowledge for Ford salespeople. So I always looked at the old eBay transactions limit as a threshold, per the government. If I'm wrong or no one agrees with me, oh well.
By the middle of 2010, these SPINS were VERY few and far between, so we never got them much anymore. My tax preparer couldn't believe Ford didn't do it anymore, as she remembered I would have some years nearing $3k. But again, a tax professional said to not claim it if there was NO 1099 issued.
Me to the cashiers if I was in the supermarket with you...Reporting taxes is like reporting organic produce at self checkout. I’m not doing it unless you make me.
Tax "evasion" sounds so...criminal, I prefer tax "creativity"Y'all were cheering the bill that put in place getting passed, but now y'all pissed because they are taking away your tax evasion scheme.
Dude, my point is that the previous standard the IRS was working under, was giving the vast majority of people a loophole to evade those taxes by the threshold being that high.
It was always law you had to report that income. But the dynamics of the threshold meant tax files could not, and there was no way for the IRS to come after you for it, especially with their limited resources. Tax professional of course say don't report it, since they are inventized to tell their client not to.
A law was passed lowering the threshold, which will eventually trigger more reporting for companies, which in turn make people have to be honest about that income. Essentially closing a loophole.
I get people don't like paying taxes. But no one's taxes are bing raised here.
I can understand some "damn this sucks" talk. But they way some people be talking about this is just silly.
To be fair, probably putting to much sauce on itTax "evasion" sounds so...criminal, I prefer tax "creativity"
My job has been pissing me off for the longest, and I got a homie that works for the IRS telling me come be an economist for them.
Best believe it I ever make the move, y'all better not be talking about any reselling around me.
If I get a hint that mplsdunk is flipping rabbit feed, and not claiming the profits, I'm alerting the authorities.
Or if WASHED KING reselling Chelsea boots online.
I'm telling.
Let him sell a pair of Chelseas to @Belgium and I'm getting those two for wire fraud, money laundering and conspiracy to commit misogyny
Try me, and imma be on my work phone like...
Me to the cashiers if I was in the supermarket with you...
"it looks like that gentleman needs assistance on self checkout #2"
Dude you responded to me, so I assumed you are responding to my general points.I never mentioned anything about taxes being raised nor complaining about it Not sure you have me confused with someone else's comment. All I said was, I was told years ago to not report anything that didn't generate a 1099. That's all my post was about.
So someone got some free stuff, made a profit off of selling it, and is mad they have to pay money on that profit?What people are upset about is this. Perfect example. Person's parents pass away. They go over to clean out the house, and find some of their old stuff they had when they were a child (whatever it may be). Instead of throwing it away, they toss it up on eBay. Make a few bucks, enough to go over the $600 limit. But they don't want to pay tax because they don't have a receipt for the stuff since it was bought so long ago and they didn't make any money compared to what it was bought for new.
That's all people are ticked about. The normal dude clearing out some crap, like a yard sale just online. Yes, absolutely go after the eBay seller who makes his living selling anything and everything. But the normal person cleaning out crap, that's what got people worked up.
Damn, nawghtyhare got his kids working at supermarkets nowThey’re the ones that help you the most, get a pissed off teen and you’re coming up.
Bro gave me free lacroix the other day.
It sometimes comes to that