I Hate the Internal Revenue Service (2 Viewers)

[UK SAINTS]

I'm on my phone now and don't see an option to edit. I posted before seeing Saint_Ward's reply.
Please delete my post, if appropriate.

 

[dtc]

I do think a flat tax would be amazing and could work quite well. Would just need to tie sales to a sales number or a tax card or QR code you scan on your phone before you check out at the register. Once total purchases pass certain thresholds, the tax rate increases and is automatically calculated at the register. This would be really simple and solve a ton of problems. Spend $5k a year? No taxes. Spend $100M/yr, pay 40%. Then again, I guess all big ticket items at that point would just move overseas. Hell, I don't know what the right and wrong answer is. I do know it's wrong that I pay more tax than many of the 100 biggest companies in the US and way more percentage than the Billionaires. I also think it's wrong that the new administration thinks being able to look at checking accounts is a really horrible idea to try and solve it.

As for the IRS. They are horrible. I'm getting double and triple taxed, I've been trying to get my 2019 1099's for over two years and can't get them. Filled out forms a half dozen times, each time I'm being asked to send them to different addresses with different amount money orders and each time they get sent back to me months later for one reason or another. I can't get anyone on the phone, in the odd circumstance when I do the information I get is not correct. Then I get letters in the mail that amount to fines plus penalties that I have to pay and hope I can get refunded at some magical point in the future on the very issue I've been trying to get addressed for two years.

It's infuriating.

How is it the IRS's fault you don't have 1099s?


1099 comes from your employer or the source.

 

[bclemms]

How is it the IRS's fault you don't have 1099s?


1099 comes from your employer or the source.

I have most of them. I have over 100 each year. Some with my social, some with my business tax ID. I'm missing some but I'm not sure which due to unreliable mail system. I can declare the income without the 1099 but then I get hit with these small audits from 1099 that wasn't reported on my taxes complete with penalties and interest. Some of the smaller people that license video don't send a 1099 at all even if over $600. I have others that send a 1099 out even if it is $100.

I have no way of knowing who sends out what or what I am supposed to be getting. This isn't like I have 3 1099's each year from the same companies.

Fortunately I'm at that point where I'm making enough to pay a good CPA and he will save me enough in taxes to make up the difference. So basically I'm making enough to pay a CPA instead of taxes. Maybe one day I'll make enough to turn it into a net profit. That's when you know you made it.

 

[saintmdterps]

The IRS is just as difficult to deal with today as it was 20 years ago.

I actually had quite a different experience when I was a 1099 contractor in the mid-90's. I went to the local IRS office and the clerk spent about an hour with me as she walked me through filing quarterly taxes, and what deductions I could take. She told me if I paid my quarterly estimated taxes on time, I would be very unlikely to get audited. During the three years I was a 1099, I paid an effective tax rate of 14% and never did get audited, though I had several bad dreams about it, lol. It probable took me under an hour a year to do my taxes and I never used an accountant.

 

[BigOdin504]

Perfect example of why a flat tax on all income would be a great step...

No
It would be a disaster

 

[Det. Brees]

I say ditch income tax and go to a federal sales tax

 

[DaveXA]

I say ditch inco.e tax and go to a federal sales tax

It all depends on how it's implemented, but that's a whole other ball of wax for the politics site.

 

[Hoodoo]

6 months and counting, still no word. I'd hoped I'd get it before Christmas, now I'm wondering if I'll get it before my 2021 refund (if I get one).

 

[Hoodoo]

10 months now. Last I spoke with them they said I'm looking at April based on where they are in processing. I have my doubts and I'm pretty certain I'll hit the one year mark.

 

[Sailorsaint]

10 months now. Last I spoke with them they said I'm looking at April based on where they are in processing. I have my doubts and I'm pretty certain I'll hit the one year mark.

You should charge them interest, compounded monthly.

 

[UK SAINTS]

You should charge them interest, compounded monthly.

Instead of daily, like I believe that they would charge? Plus penalties? ;-)

 

[Sailorsaint]

Instead of daily, like I believe that they would charge? Plus penalties? ;-)

Just to be the bigger person, you know, give 'em a break.

 

[B4YOU]

Any advice for dealing with the IRS or LA BoR when a parent didn’t file federal or state income taxes for 13 years? Asking for a friend.

Anyone know someone in NoLa that takes on nightmares for a living? A tax attorney, cpa, and optima said “nope”.

 

[Grumpy Old Manatee]

LaToya?

 

[El Caliente]

Did anyone else receive a letter from the IRS stating that they reduced your return due to insufficient information regarding a dependent? It’s causing a jump in my tax bill, and I gave these bozos all of her info.

Has anyone faced and fought this issue?