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Forum » UPDATED IRS: Massive New Tax Grab
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Thread: UPDATED IRS: Massive New Tax Grab

post 1672196513 12-02-2022, 07:07 PM
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#121
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Originally Posted By HaiMeesk⏩
This is more about stripping us of our privacy, rather than our money.

Really a lot ofthose nuts who've been living off the grid may now have the right idea.
lol I’d love to be one of them srs
Sloots Gon Sloot.
post 1672196903 12-02-2022, 07:14 PM
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#122
  1. Iron_Chef
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So waiters/waitresses are the main folks who don't need an education and can make a great living will be the ones getting screwed over the most? It's one of the few jobs where a single mother can provide for two kids without the dad or government intervention.
post 1672197153 12-02-2022, 07:21 PM
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#123
  1. BigWoe
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Not one person is going to report this and the IRS is literally so understaffed they're praying these extra tax funds will allow them to hire more agents.... in other words there's no one to come after you since they need you to report the money in the first place to be staffed properly... lmao I was like lmao
post 1672198523 12-02-2022, 07:43 PM
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#124
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Cash is king.
Cash only crew.
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post 1672199143 12-02-2022, 07:52 PM
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#125
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Originally Posted By lockdev⏩
I think the few braindead people that still vote left are waking up to the fact that the Democrats are really their enemy.
what timeline are you on where elections are real and how to i join it
Make Europe Germany Again
post 1672199843 12-02-2022, 08:02 PM
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#126
  1. ToxMasculinity
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Cash is king. Fukk the IRS. Sleepy Joe can suck my dick. Yes Sleepy Joe I hope your f@gg0t alzheimer's ass is readying this f@gg0t. (Ded fkn Srs)
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post 1672218073 12-04-2022, 02:16 PM
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#127
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Originally Posted By 1hardgainer⏩
lol there's no way the gov't can be THAT stupid. Like another poster said, it looks like the primary goal of this plan is to have the legal right to strip away privacy and being able to look at every citizen under the microscope.
Yeah exactly. My point is that this $600 audit thing is not designed to pay for all of these new IRS agents and anyone who says otherwise is just hiding the true purpose—further eroding whatever privacy citizens have left
Originally Posted By Kev1972⏩
Most people don't cheat on their taxes like cash tip employees do.
And relief washes over me in an awesome wave
post 1672221093 12-04-2022, 03:00 PM
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#128
  1. akferd
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Commies doing commie things. Meanwhile crickets chirping from the Republican aisle.
post 1672221723 12-04-2022, 03:10 PM
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#129
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Originally Posted By dogorman7⏩
Crypto goin back to the moon real soon……
The government is in control of crypto and you will be taxed accordingly.

Edit: Short Ebay?
post 1672222323 12-04-2022, 03:18 PM
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#130
  1. misheru
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Originally Posted By lockdev⏩
Take that 1%ers!

Fuk you rich fuks that make over $600 selling your used treadmills and recliners.

In all cereal, Democrats done goofed.

First the rail lines, and now this.

I think the few braindead people that still vote left are waking up to the fact that the Democrats are really their enemy.
Lol you still believe this nonsense after seeing the results in November? Cuckservatives keep thinking if things get reeeeal bad then the idiot women who vote for these people will just fold. Most people are retarded and will sell their vote for a month of food stamps or a jelly donut after leaving the poll.

Theres no fixing this country at this point.
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post 1672252493 12-05-2022, 02:30 AM
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#131
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IRS wagecucks asking for more work LOL. Here's the backlog of 8 million paper returns they need to work through first.

post 1672256793 12-05-2022, 05:29 AM
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#132
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So I assume it works the other way too right?

If I buy a used Civic for $6k and sell it later in the year for $5k I get to report a $1000 deduction in my taxable income right?

Fukking hell this is a huge step in the wrong direction.
post 1672257173 12-05-2022, 05:43 AM
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#133
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Originally Posted By akferd⏩
Commies doing commie things. Meanwhile crickets chirping from the Republican aisle.
Every one of them voted against the bill that had this crap.
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post 1672257353 12-05-2022, 05:52 AM
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#134
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Is this back tracking or only on stuff past 2023?
I don't check my CP, IDC about reps/negs


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post 1672258373 12-05-2022, 06:33 AM
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#135
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post 1672259393 12-05-2022, 07:05 AM
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#136
  1. katya422
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Originally Posted By greenleaf⏩
IRS wagecucks asking for more work LOL. Here's the backlog of 8 million paper returns they need to work through first.

So you are saying I'm never getting my tax refund then? I tried to file electronically and the system wouldn't let me do it because I didn't file the prior year.
Originally Posted By bsmit107⏩
So I assume it works the other way too right?

If I buy a used Civic for $6k and sell it later in the year for $5k I get to report a $1000 deduction in my taxable income right?

Fukking hell this is a huge step in the wrong direction.
As I've now heard it described it forces you to prove that you do not run a small business if you receive $600 or more for the sale of goods or services.
Originally Posted By conics⏩
Is this back tracking or only on stuff past 2023?
Per my new understanding it applies for 2022.The volume is very low on this video for some reason.



^^^
He says this rule came into effect on January 1 of 2022.Also claims that it only applies to payments made for "goods and services".


It looks like he has made several videos about it.




I think this is the original from January which he references in the video I've embedded above:

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post 1672267773 12-05-2022, 10:06 AM
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#137
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Bumping for more views of new information.
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post 1672280033 12-05-2022, 01:21 PM
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#138
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Sounds like this is going to be a clusterfk. So, >$600 triggers a 1099-k that you then have to report on your return as income. Then, you'll have to show, presumably on another form, what the item you sold cost. What a pain in the ass.

Hairdressers is the other profession this will catch. Lots of hairdressers under report their income.
You don't have to be great to start, but you have to start to be great.
post 1672280493 12-05-2022, 01:26 PM
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#139
  1. Procta
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over throwing the government doesnt sound like a bad idea now huh
Subscribe for extra premium content (no noodz sorry guys)
post 1673431243 12-24-2022, 12:08 AM
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#140
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LOL...



IRS delays tax reporting change for 1099-Kon Venmo, Paypal business payment

The IRS has delayed, for a year, when payment services such as Paypal and Venmo and e-commerce companies such as eBay, Etsy and Poshmark will have to issue tax forms to individuals whose business transactions through those platforms exceed $600.

The agency on Friday said that such third-party platforms won’t have to use that threshold for when they report 2022 tax-year transactions on a Form 1099-K, which goes to both the IRS and taxpayer.Instead, they can rely on pre-2022 threshold of more than 200 transactions worth an aggregate above $20,000.

https://www.cnbc.com/2022/12/23/irs-...-payments.html
post 1673441583 12-24-2022, 05:59 AM
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#141
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Originally Posted By Procta⏩
over throwing the government doesnt sound like a bad idea now huh
Tax scofflaws getting pinched isn't a bad thing.
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