IRS Launches Crackdown To Ensure Crypto Investors Pay Their Taxes....10% TO THE BIG GUY! | |
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Anonymous Coward User ID: 78846510 United States 05/16/2021 08:14 AM Report Abusive Post Report Copyright Violation | I hope it's zero tolerance and they get a minimum of ten years in prison. Quoting: Anonymous Coward 78349802 Shouldn’t you be sucking your boyfriend’s cock? This country has laws. If you don't like the laws then leave. Nobody will miss your type, believe me. I see you love enslavement to the central banks eh you cuck? Damn near 40% of your income isn't enough? Income tax as it is is against the constitution. Your argument about laws is silly because tptb are already breaking them all tremendously! WE HAVE NO REPRESENTATION. |
Anonymous Coward User ID: 77696852 United States 05/16/2021 08:15 AM Report Abusive Post Report Copyright Violation | I hope it's zero tolerance and they get a minimum of ten years in prison. Quoting: Anonymous Coward 78349802 Shouldn’t you be sucking your boyfriend’s cock? This country has laws. If you don't like the laws then leave. Nobody will miss your type, believe me. Oh, there are no plenty of laws set up on stolen land. Of course those laws are selectively enforced and falsely interpreted by corrupt courts. |
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DangerClose
User ID: 36134765 United States 05/16/2021 08:19 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78148676 United States 05/16/2021 08:21 AM Report Abusive Post Report Copyright Violation | 10%? I thought pedo in charge told us 43% capital gains. I want to error on the side of dementia because government has a way of coming back later and sending goons. Even at 43%, I still made more than actually working a day in my life. |
anybodysguess
User ID: 80313771 United States 05/16/2021 08:22 AM Report Abusive Post Report Copyright Violation | I hope it's zero tolerance and they get a minimum of ten years in prison. Quoting: Anonymous Coward 78349802 Shouldn’t you be sucking your boyfriend’s cock? This country has laws. If you don't like the laws then leave. Nobody will miss your type, believe me. Paying federal income tax is VOLUNTARY. Watch From Freedom to Fascism www.youtube.com/watch?v=uNNeVu8wUak Last Edited by anybodysguess on 05/16/2021 08:23 AM |
Anonymous Coward User ID: 77696852 United States 05/16/2021 08:25 AM Report Abusive Post Report Copyright Violation | I hope it's zero tolerance and they get a minimum of ten years in prison. Quoting: Anonymous Coward 78349802 Shouldn’t you be sucking your boyfriend’s cock? This country has laws. If you don't like the laws then leave. Nobody will miss your type, believe me. Paying federal income tax is VOLUNTARY. Watch From Freedom to Fascism www.youtube.com/watch?v=uNNeVu8wUak Dude, please don’t mislead people. That is a trap and play on words. They call it “voluntary” because you, in the land of the “free”, get to file your return. |
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Anonymous Coward User ID: 78925360 United States 05/16/2021 08:29 AM Report Abusive Post Report Copyright Violation | I hope it's zero tolerance and they get a minimum of ten years in prison. Quoting: Anonymous Coward 78349802 Shouldn’t you be sucking your boyfriend’s cock? This country has laws. If you don't like the laws then leave. Nobody will miss your type, believe me. Paying federal income tax is VOLUNTARY. Watch From Freedom to Fascism www.youtube.com/watch?v=uNNeVu8wUak I guess my work volunteered my money for me... I sure didn't.. Put the peace pipe down.. Back to reality! |
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Chaz Aldrin
User ID: 79776318 United States 05/16/2021 08:34 AM Report Abusive Post Report Copyright Violation | I hope it's zero tolerance and they get a minimum of ten years in prison. Quoting: Anonymous Coward 78349802 Shouldn’t you be sucking your boyfriend’s cock? This country has laws. If you don't like the laws then leave. Nobody will miss your type, believe me. That is unless you sneak in or ( These Days ) Walk through the Southern Border. They need more $$ to give to Free loaders. Life is all about choices |
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Just Passing Through.....
*MOLON LABE* User ID: 72515240 United States 05/16/2021 08:44 AM Report Abusive Post Report Copyright Violation | Basically anyone who purchased or sold any crypto should expect audit Quoting: Anonymous Coward 24190996 only if you don't report your gains / losses just do your taxes it's the same as with trading stocks This!! Also if you use your profits for goods and services and not just cash in profits you can wiggle around alot of taxes. "She isn't real.....I can't make her real" "Somewhere between the sacred silence and sleep...Disorder, Disorder, Disorder" "The World is a business Mr Beale..." "You depend on our protection yet you feed us lies from the tablecloth......" ENFJ |
Just Passing Through.....
*MOLON LABE* User ID: 72515240 United States 05/16/2021 08:46 AM Report Abusive Post Report Copyright Violation | Basically anyone who purchased or sold any crypto should expect audit Quoting: Anonymous Coward 24190996 The IRS will only care about big dollar amounts. The average little guy in crypto making a $20,000 (or less) profit per year isn't going to even be on their radar. A few years ago I would've agreed. But as the US gets further in debt and the machine that is the US Govt needs more cash to stay alive they will start fleecing smaller and smaller people to squeeze every cent they can. "She isn't real.....I can't make her real" "Somewhere between the sacred silence and sleep...Disorder, Disorder, Disorder" "The World is a business Mr Beale..." "You depend on our protection yet you feed us lies from the tablecloth......" ENFJ |
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Anonymous Coward User ID: 80174964 United States 05/16/2021 08:54 AM Report Abusive Post Report Copyright Violation | [link to www.zerohedge.com (secure)] Quoting: Don Draper from Nantucket Yesterday's news that the DoJ and IRS are digging into Binance amid whispers about allegations of tax fraud, manipulation and AML violations was just the latest indication from the government that it is taking enforcement of securities taxes tied to crypto wealth very seriously. In case that wasn't already clear, WSJ published a story in its "Tax Report" section (with the federal tax deadline just days away at May 17) reminding readers that the IRS under President Joe Biden is coming for your crypto wealth - and those that don't cough it up might be subject to harsh penalties, both financial and criminal. It starts by reminding readers that two new IRS investigations to catch crypto tax cheats targeting various exchanges have been launched in recent months. In April, a judge in Boston approved an IRS summons to the payments company Circle and its affiliates, including the crypto exchange Poloniex. In May, a judge in San Francisco approved a similar summons for records from Kraken, another exchange based in California. Both summonses apply to customers who have traded more than $20K in crypto in any single year between 2016 and 2020. "With these summonses and other actions, the IRS is mounting a full-court press to show taxpayers how seriously it takes cryptocurrency compliance," says Don Fort, a former chief of IRS criminal investigation now with Kostelanetz & Fink. "Taxpayers should take it seriously too." Crypto exchanges don't report client information to the IRS like discount digital brokerages do, so there's temptation for traders to try and skate by. But if this approach worked in the past, be warned: that could change this year now that the Dems are back in power. Binance doesn't even allow American customers to trade on its platform (though it has been accused of illegally doing so by turning a blind eye to users trying to skirt this rule), but other investigations and summonses of note go back even further. In 2016, the IRS received approval for a similar summons for Coinbase and obtained information for about 13K customers. The agency sent letters urging many of them to make sure their crypto taxes were paid, as the IRS might soon be taking a hard look. Admissions from the IRS in court filings suggest this tactic has been working for the agency. In one filing to justify its summonses, the the agency said it had received more than 1,000 amended tax returns and collected $13 million from crypto holders with more than $20,000 of transactions, plus another $12 million from other crypto notices, and audits are ongoing. Remember, those who are caught skirting taxes often are forced to enter the IRS's Voluntary Disclosure program for taxpayers with criminal liability, a program that usually lets participants out of prosecution but imposes large penalties. Well the thing people will never understand because they are so intimidated by the irs but taxes are voluntary. The presumption made is that your status is that of a tax payer. If we do not correct that presumption then guess what? You are a tax payer. |
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