What the IRS is actually looking for that could trigger a tax audit
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- Опубликовано: 14 дек 2024
- A CPA and executive vice president of accounting firm Piascik explains what the IRS is looking for and what could actually trigger an audit.
#news #irs #taxaudit
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IRS doing what they do best😀, let all the billionaires avoid taxes at all costs and go after the poor and middle class 😢, well done.
IRS treasurers and politicians scam WAAY more more than business owners and anyone else for that matter.
Well, yeah, the billionaires have accountants, legal teams, loopholes and influence. Maybe if the IRS wasn't constantly being defunded they would have the resources to go after the rich.
Go after the rich, leave ppl who make under 100k alone
at this point...150k in some areas spends like 70k. Flat tax, all across the board. I'm happy paying 23% if every single person dabbling in the American market pays that same 23%. Nothing more or less.
Wrong. You have right to steal from ANYONE
I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
It’s true, audits are the worst. Endless questions and document requests for things that few people keep track of. And you have to deliver the docs on time.
They are actually auditing low income earners with EITC and CTC now.
what is EITC & CTC?
@@deedeeotero4475 Earned income Tax Credit and maybe child credit?
There needs to be a way to see where our tax dollars go. Money gets takin from us like crasy but we have no idea what its supporting!!!!! There needs to be a way! We have serial numbers on the dollar bill and we have crypto! which is probably the best bet of tracking. We demand to know where our tax dollars are going if your taking from us! Just like you demand where our money is coming from 🖕the irs 🖕
Dedund the IRS. 🤮🤮🤮🤮
The IRS is going after the middle class and small businesses
Exhausting yearly tax crap. They already have our forms so why do we have to file annoying tedious forms every year? Laws need updating
Lobbying from tax software companies like TurboTax.
He sorta gave conflicting responses. Most people doing side hustles aren't making a ton of money
It's not the fact that its a lot of money, it's the fact that it's not being reported. So people will have their regular 40 hour jobs and on the side start selling stuff on Amazon, open a RUclips channel, start an OnlyFans, drive for Uber, etc. and they just never report it to the IRS. The IRS gets the info from the employer (so and so made 6k working for us), and that's when audits start.
no 1X no 2X
quote: 6k or ? and
mine; 😊
the cost is roughly $80 / hr
Or if companies erase records of employees who get audited by the irs and the company has so called lost their work records the irs requests. Im being Black mailed over my work record s since 2019 when people threatened to erase me.
made the least amount in years & never paid more in taxes to the government.....FJB!!!
Agent00MAGA! Impeach Joe and the Ho!
Poor little fella can't even be honest on the internet. Trump for prison 2023.
We are paying for the tax cuts trump created duhhh.
Me too! Always got money back, husband made 10,000 less, and I owe..First time ever.
@@janc8199 If only you knew how taxes worked
Companies that dont get w-2s and their identities get stolen like mine in 2010.
KIC Keep It Cash
Breaking the law. Breaking the law.
Judas priest
My understanding is most people don’t itemize anymore so we’re enforcement may not even affect people that much as the numbers go, unless they itemize😊
Who tf has a seven year storage area dedicated to paperwork when you rarely live in one place for that long.
🚮
The IRS would have better results if they looked at anyone that is a city official or a police officer.
There is no law they will not break or right they will not violate.
It’s amazing the rich doesn’t pay anything but come after the working class or poor.
Good, so I’m broke and won’t get audited. Sweet!
Yeah right... They will find the money they owe to you.. When they say they will audit you.. You better brace yourself for the impact
What's going on with the IRS I don't have property or money that is UNCONSTITIONAL NOT GIVING ME MY RETURN.
Is my Baltimore chapter for IRS I even physically went down there in 2019
I'm in Maryland and I've been trying for the last 3 years to get IRS to give me my stimulus money which they sent me a printout 2800 and on the bottom of that paper is a code in the worker's name I called with no prevail I can't even get them to get my taxes from 2019 how do I resolve this issue
This is money that is due to me
The concepts surrounding IRS and privacy, transparency and propped oversight. It’s like highly professional people wanting to help people, but somehow them making a living is vilified. So… the shadows of negative energy arise as stupid merit… an elected official with a rich brother doing the dirty work… or some bizarre financial arrangements of insights and investments… honestly folks, grow up some. The negative energy just compounds.
Fred Paul? Ask him.
It’s not ok to deploy and and sacrifice families and compartmentalism of ugly behavior. The unrealized anger just grows. I know I’m not perfect, I was abused as a kid, much unintentional. But, trauma tends to translate in time and people. I backed into Adderall which I didn’t need… and looked up adult content online years ago, nothing illegal, but I’m still embarrassed about it… there’s no human who’s perfect I’m this world… but of course… there are limits to if a felon should run for office or whatever.
The aggrandizing and galvanization of people and systems… it’s just so much… the dystopian realities embedded within social media accelerators… just good lord.
The rights of privacy, needs of transparency and proper oversight through so many things are very real…
#LoveEVICTShate
Towns are important in war for the same reason the town came into being in the first place. A "natural" place for a town is where roads connecting important places cross. Even if the town is destroyed the roads still exist.
When gambling revenue or crypto currency is not reported
Hey people type in ex irs agent tells it like it is.
My sister perhaps?
imprepared; pre-empt😊
This anchor wasn't just asking for our knowledge she wants to know for her side hustle business that hasn't paid taxes since 2007.
Gas station may 14 2023 fill your stations.
And then he says: I know who I married 🥰🦖🦖
I haven’t filed or paid taxes in 20 yrs, suckers.
45 Billion for the IRS, sick!
By watching the video you just triggered an audit. bwhahahaha
Maravillosotodoslodsistemasdeauditoriasporwueestanoessoloparalastimaranadiesinoparaaportarmejoredideasyperfevcionasistemas
Intelligent reserve.... How poor are you?
I lost $300,000.00. Is that’s enough to be poor??
zzzzzZzzzZ
YOU DO NOT HAVE TO PAY FEDERAL INCOME TAX ON YOUR MONEY EARNED AS COMPENSATION FOR WORK YOU DO. THERE IS NOT A SINGLE TAX LAW THAT SAYS SO!
IRS want your doe I can’t work cuz the other me payed extortion
So what salary levels are they looking at and how far back?