Page 4 of 6 FirstFirst ... 23456 LastLast
Results 31 to 40 of 57

Thread: Obama: IRS wrongdoing is ‘outrageous’

  1. #31
    Discount Philosopher
    specklebang's Avatar
    Join Date
    Jan 2012
    Location
    Las Vegas
    Last Seen
    06-05-14 @ 08:26 PM
    Lean
    Other
    Posts
    11,524

    Re: Obama: IRS wrongdoing is ‘outrageous’

    I'm a veteran of 4 audits over my lifetime and the first one cost me money because I (sort of deliberately) expensed things that should have been carried as inventory. The other 3 audits resulted in no change in my taxes. I had one audit at my house/office, one at the IRS office and one where they actually spied on my business for a month before the "surprise audit" happened.

    In every case, they were polite, cooperative and actually friendly. My last audit (the surprise one) I had my CPA deal with it because I was scared and it cost me $3K in CPA fees but no handcuffs.

    It's a pain in the butt but no big deal unless you've been telling outrageous lies and can't cover ourself with adequate phony documents.

    I think the computer selects the auditees, not individuals. What's going on now is the process for approving 501c (or whichever non-profit class political groups use) does get assigned to a live agent. I've been through this process but animal rescue licenses are the easiest to get while religion and politics are viewed more skeptically. Why any group that isn't helping someone gets to be tax free is incomprehensible to me. 99% of this froups set it up not because they give a **** but in order ti get suckers to donate money and pat themselves handsome salaries and contract out their work to friends and relatives.

    The whole "non-profit" process is a total scam and if I am elected, it will be goodbye to "tax free non-profits" unless they can prove nobody is making money on the deal and that it is completely a labor of love.


    (Specklebang for President 2016. Time to put a cat in the White House!)



    Quote Originally Posted by Erod View Post
    I was audited this year by the IRS for the first time in my life. Wonder if it had to do with my posts here?

    Hmmm.
    Quote Originally Posted by ocean515 View Post
    And how did you like the experience?

  2. #32
    Sage

    ocean515's Avatar
    Join Date
    Jan 2013
    Location
    Southern California
    Last Seen
    @
    Gender
    Lean
    Other
    Posts
    24,705

    Re: Obama: IRS wrongdoing is ‘outrageous’

    Quote Originally Posted by specklebang View Post
    I'm a veteran of 4 audits over my lifetime and the first one cost me money because I (sort of deliberately) expensed things that should have been carried as inventory. The other 3 audits resulted in no change in my taxes. I had one audit at my house/office, one at the IRS office and one where they actually spied on my business for a month before the "surprise audit" happened.

    In every case, they were polite, cooperative and actually friendly. My last audit (the surprise one) I had my CPA deal with it because I was scared and it cost me $3K in CPA fees but no handcuffs.

    It's a pain in the butt but no big deal unless you've been telling outrageous lies and can't cover ourself with adequate phony documents.

    I think the computer selects the auditees, not individuals. What's going on now is the process for approving 501c (or whichever non-profit class political groups use) does get assigned to a live agent. I've been through this process but animal rescue licenses are the easiest to get while religion and politics are viewed more skeptically. Why any group that isn't helping someone gets to be tax free is incomprehensible to me. 99% of this froups set it up not because they give a **** but in order ti get suckers to donate money and pat themselves handsome salaries and contract out their work to friends and relatives.

    The whole "non-profit" process is a total scam and if I am elected, it will be goodbye to "tax free non-profits" unless they can prove nobody is making money on the deal and that it is completely a labor of love.


    (Specklebang for President 2016. Time to put a cat in the White House!)
    $3k in CPA fees, but it's no big deal.

    What would have happened if you couldn't afford to spend the $3k?

    Where is the cut off where it's cheaper to pay what the IRS claims you owe, as opposed to fighting their conclusions all the way to tax court?

    The IRS can end your business, seize your home, attach your wages, and now has demonstrated they can decide what political agenda is accetable, or not.

    These facts should scare the heck out of people. Of couse, only a pussy running for President would think otherwise...

  3. #33
    Sage
    Lutherf's Avatar
    Join Date
    Sep 2012
    Location
    Tucson, AZ
    Last Seen
    Today @ 01:39 AM
    Gender
    Lean
    Conservative
    Posts
    24,703

    Re: Obama: IRS wrongdoing is ‘outrageous’

    Just to clarify something......these accusations don't appear to be unwarranted audits of active conservative 501(c)(4)'s but are centered around the approval mechanism for such applicants.

    When applying for non-profit status the applicant needs to provide certain information which justifies their function in accordance with the rules regarding not for profit operation. In the cases under discussion it appears that certain organizations were subjected to undue scrutiny in this process based on their political lean.

  4. #34
    Discount Philosopher
    specklebang's Avatar
    Join Date
    Jan 2012
    Location
    Las Vegas
    Last Seen
    06-05-14 @ 08:26 PM
    Lean
    Other
    Posts
    11,524

    Re: Obama: IRS wrongdoing is ‘outrageous’

    If you make very little money or you make most of your money through W-2 labor, you are unlikely to be audited unless you make an outrageous claim.

    The IRS audits less than 1% of the returns. They don't do field audits of clerks making $43K a year because the computer algorithm is much smarter than that.

    They can seize your property etc. IF YOU FAIL TO PAY YOUR TAXES. That is the rule. You should have paid them. If you didn't, you have nothing to cry about.

    The current scandal has to do with non-profit status applications. It is not about audits. That shows the IRS is out of control and that there are severe management issues. This should not have happened and shows poor management skills from the King. However, that isn't why anybody here might get audited. The computer picks auditees, not individual agents or we'd be drowning in scandals.

    In 1985, the year of my major audit, (the audit was in 1987 for my 1985 tax return) I reported an AGI of $65,911.00 and paid taxes of $15,375. So $3K was about 5% of my income and I didn't appreciate that very much. I can't find my 1987 return but yeah, I could afford it.

    So, you don't like pussy? Good. More for me.












    Quote Originally Posted by ocean515 View Post
    $3k in CPA fees, but it's no big deal.

    What would have happened if you couldn't afford to spend the $3k?

    Where is the cut off where it's cheaper to pay what the IRS claims you owe, as opposed to fighting their conclusions all the way to tax court?

    The IRS can end your business, seize your home, attach your wages, and now has demonstrated they can decide what political agenda is accetable, or not.

    These facts should scare the heck out of people. Of couse, only a pussy running for President would think otherwise...

  5. #35
    Sage

    ocean515's Avatar
    Join Date
    Jan 2013
    Location
    Southern California
    Last Seen
    @
    Gender
    Lean
    Other
    Posts
    24,705

    Re: Obama: IRS wrongdoing is ‘outrageous’

    Quote Originally Posted by specklebang View Post
    If you make very little money or you make most of your money through W-2 labor, you are unlikely to be audited unless you make an outrageous claim.

    The IRS audits less than 1% of the returns. They don't do field audits of clerks making $43K a year because the computer algorithm is much smarter than that.

    They can seize your property etc. IF YOU FAIL TO PAY YOUR TAXES. That is the rule. You should have paid them. If you didn't, you have nothing to cry about.

    The current scandal has to do with non-profit status applications. It is not about audits. That shows the IRS is out of control and that there are severe management issues. This should not have happened and shows poor management skills from the King. However, that isn't why anybody here might get audited. The computer picks auditees, not individual agents or we'd be drowning in scandals.

    In 1985, the year of my major audit, (the audit was in 1987 for my 1985 tax return) I reported an AGI of $65,911.00 and paid taxes of $15,375. So $3K was about 5% of my income and I didn't appreciate that very much. I can't find my 1987 return but yeah, I could afford it.

    So, you don't like pussy? Good. More for me.

    Consider this - the IRS has pretty much set themselves up to demand electronic filling of tax returns. In the not to distant future, electronic filling will be the only way they will accept returns. That means all those returns are digitized. It will take little more than a mouse click to run millions of returns through their "sniffer" programs, using criteria they themselves are in control of.

    So if "tea party" is enough to "snif out" a group for additional scrutiny, why couldn't the same be done to filed returns?

    You spent time an money to deal with your issue. What happens when others don't have that time or money? Do they stop trying to claim those legitimate deductions?

  6. #36
    Discount Philosopher
    specklebang's Avatar
    Join Date
    Jan 2012
    Location
    Las Vegas
    Last Seen
    06-05-14 @ 08:26 PM
    Lean
    Other
    Posts
    11,524

    Re: Obama: IRS wrongdoing is ‘outrageous’

    So, do you propose that we no longer pay taxes or should we pay taxes but trust 100% of those returns to be accurate and honest? Just because "some" people "might" not have the time and money?

    Self-employed people have the greatest ability to lie about their taxes. If they get audited, that's just the luck of the draw. To get audited on a W2 wage, you'd have to make a ridiculous claim and in those cases, they simply contact you about the claim and require backup documentation, they don't do a full blown field audit and you don't have to use a CPA and you don't have to cooperate beyond giving them your records.

    Sure, you could try to make "look elsewhere to see if this taxpayer is "Conservative" or "Liberal" a paart of the algorithm but that's a pretty big modification and just like this current event, somebody will get in trouble over it.

    I wouldn't lose too much sleep over it.


    Meow.





    Quote Originally Posted by ocean515 View Post
    Consider this - the IRS has pretty much set themselves up to demand electronic filling of tax returns. In the not to distant future, electronic filling will be the only way they will accept returns. That means all those returns are digitized. It will take little more than a mouse click to run millions of returns through their "sniffer" programs, using criteria they themselves are in control of.

    So if "tea party" is enough to "snif out" a group for additional scrutiny, why couldn't the same be done to filed returns?

    You spent time an money to deal with your issue. What happens when others don't have that time or money? Do they stop trying to claim those legitimate deductions?

  7. #37
    Global Moderator
    Moderator

    Join Date
    Aug 2011
    Last Seen
    @
    Gender
    Lean
    Independent
    Posts
    36,944

    Re: Obama: IRS wrongdoing is ‘outrageous’

    Quote Originally Posted by rocket88 View Post
    Then we know that you weren't alive for Nixon.
    Oh, but I was. I just wasn't standing in front of a TV and hearing this President directly, which I've specified twice now. Where were you when the infamous "Checkers" speech was delivered? During Watergate? Were you an adult standing in front of the TV and listening live?

  8. #38
    Sage

    ocean515's Avatar
    Join Date
    Jan 2013
    Location
    Southern California
    Last Seen
    @
    Gender
    Lean
    Other
    Posts
    24,705

    Re: Obama: IRS wrongdoing is ‘outrageous’

    Quote Originally Posted by specklebang View Post
    So, do you propose that we no longer pay taxes or should we pay taxes but trust 100% of those returns to be accurate and honest? Just because "some" people "might" not have the time and money?

    Self-employed people have the greatest ability to lie about their taxes. If they get audited, that's just the luck of the draw. To get audited on a W2 wage, you'd have to make a ridiculous claim and in those cases, they simply contact you about the claim and require backup documentation, they don't do a full blown field audit and you don't have to use a CPA and you don't have to cooperate beyond giving them your records.

    Sure, you could try to make "look elsewhere to see if this taxpayer is "Conservative" or "Liberal" a paart of the algorithm but that's a pretty big modification and just like this current event, somebody will get in trouble over it.

    I wouldn't lose too much sleep over it.


    Meow.



    No, I think people need to pay their taxes. However, I have great concern over the IRS and the almost infinite power they have over the citizens it oversees.

    My concern is hightened by the latest story regarding increased scrutiny under conditions that should be inconceivable to most people.

    I am weary of the movement towards super agencies that is currently being pushed, where political appointees, unanswerable to the citizens, are able to create policy that can micro manage the population, and the economy.

  9. #39
    Discount Philosopher
    specklebang's Avatar
    Join Date
    Jan 2012
    Location
    Las Vegas
    Last Seen
    06-05-14 @ 08:26 PM
    Lean
    Other
    Posts
    11,524

    Re: Obama: IRS wrongdoing is ‘outrageous’

    I don't like political appointees either because they are chosen as rewards, not as skilled managers.

    I would much prefer our country be a Parliamentary Meritocracy but that's not going to happen.

    So, what do you propose instead of the current system? Obviously, more oversight but that's problematic since we are too politicized to choose neutral management. Look at the SCOTUS as a terrible example of what happens when you promote people who bring a political agenda to extreme power.





    Quote Originally Posted by ocean515 View Post


    No, I think people need to pay their taxes. However, I have great concern over the IRS and the almost infinite power they have over the citizens it oversees.

    My concern is hightened by the latest story regarding increased scrutiny under conditions that should be inconceivable to most people.

    I am weary of the movement towards super agencies that is currently being pushed, where political appointees, unanswerable to the citizens, are able to create policy that can micro manage the population, and the economy.

  10. #40
    Sage
    polgara's Avatar
    Join Date
    Jan 2013
    Location
    NE Ohio
    Last Seen
    Today @ 09:21 AM
    Gender
    Lean
    Other
    Posts
    18,356

    Re: Obama: IRS wrongdoing is ‘outrageous’

    Quote Originally Posted by ocean515 View Post
    Consider this - the IRS has pretty much set themselves up to demand electronic filling of tax returns. In the not to distant future, electronic filling will be the only way they will accept returns. That means all those returns are digitized. It will take little more than a mouse click to run millions of returns through their "sniffer" programs, using criteria they themselves are in control of.

    So if "tea party" is enough to "snif out" a group for additional scrutiny, why couldn't the same be done to filed returns?

    You spent time an money to deal with your issue. What happens when others don't have that time or money? Do they stop trying to claim those legitimate deductions?
    Good afternoon, ocean515.

    This push to sell us on the merits of "paperless" everything is amazing! It sure makes their jobs easier. If only the government were as adept at repairing crumbling infrastructure, and our other big problems, as they are in making certain every cent that can be extracted from those that actually do pay taxes is known...mainly because the spending keeps increasing all the time and they need the money....our deficit wouldn't be the problem that it is. Gotta love those priorities! Whatever happened to the idea of revising the tax code, and where are the decent paying jobs so everyone gets to contribute to the Federal bottomless pit?

Page 4 of 6 FirstFirst ... 23456 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •