IRS warns taxpayers about new $600 threshold for third-party payment reporting

[killerv]

Buddy was railing on the IRS the other day, sent his taxes in, he received them back, saying he didn't owe anything, he sent them in a 2nd time, same thing. He just sat on his check after that, then a couple months later he got a letter saying he owed them plus penalties.....the paper trail cleared everything up but still...

 

[killerv]

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I swear I read the other day that an audit of Ukraine funds showed 61% unaccounted for.

 

[palmettomoon]

I swear I read the other day that an audit of Ukraine funds showed 61% unaccounted for.

I'm very surprised they think they can account for 39% of the money.

 

[aFarewellToKings]

I'm very surprised they think they can account for 39% of the money.

Government overhead.

 

[Chipshot]

You cannot be charged income tax on an item that you lost money on. Period. It's ridiculous.

Maybe after they fire those 87,000 additional Useless IRS Agents this too shall pass. Thank a liberal for this bs daily. WHY cant the morons just pass the FAIR TAX where all the renters in This country pay their fair share then we won’t need the IRS.