491
TurboTax maker Intuit spent millions in record lobbying blitz amid threats to tax prep industry
(www.opensecrets.org)
this post was submitted on 07 Feb 2024
491 points (99.2% liked)
Technology
60036 readers
2943 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Are you feeling superior over not filing your taxing?
The most likely scenario here is that if were you to file, you'd receive a refund. The IRS will happily keep your money.
However, if you have mucked with your deductions such that you are underpaying, you're playing a dangerous game.
As they say, fuck around and find out. In this case the fuck around part will especially unpleasant.
Hope you maintain cash only lifestyle because they will empty your bank accounts. They will garnish your wages. They will get a their money with penalties and interest.
Don't forget the 1 year of jail per year of not filing taxes if considered tax evasion. If you cannot pay your taxes they cannot jail you. Aka, file your taxes and don't pay your taxes and you should be fine. Don't file or pay and you might get hit with tax evasion eventually. More likely just get hit with an extra 25% of his taxes he didn't pay as it goes up by 5% a year until it stops at 25.
I didn't want to assume based off what little they provided since often this libertarian puffery but their follow up indicates clear intent to evade taxes.
Not filing is tax evasion a bit of research would alleviate them of any misconceptions on this.
There only hope is to file all those years and as you noted, ignore the penalties but I see no indication they'll be doing that anytime soon.
This type of person is the reason cash app and others are now required to report. And if this fool tries to skirt around by structuring payments under those limits, they'll fuck themselves in ways only money launderers experience.
The fact that they haven't hit the existing limits indicates they are living a life of poverty. They are putting themselves at substantial risk over tiny sums of money. Either that or they are structuring payments, at which point money laundering comes into play and whoever is playing along with them is putting themselves at substantial risk.
Playing stupid stops working when you hit 18. The IRS doesn't give a fuck if you can't keep track of it. They will assume it's all a taxable event if you cannot prove otherwise.
Those apps are reporting anything over a certain minimum. When the IRS decides you're worth going after, they will audit you, they will go back as many years as allowed by law, you will be fucked.
What you're doing is tax evasion. There is zero argument otherwise. No lawyer will be able to help you. You will very definitely end up in jail.
This post is evidence of your criminal intent.
Your rationale here makes you sound like a sovereign citizen. You certainly don't sound very wise. Not collecting a last paycheck, because paperwork...damn.
The IRS won't call you, they'll send certified mail and the fucking will start and you will probably continue to fuck aroind and end up prison and from what I've read here, you will never recover.