Don’t forget the 1 year of jail per year of not filing taxes if considered tax evasion. If you cannot pay your taxes they cannot jail you. Aka, file your taxes and don’t pay your taxes and you should be fine. Don’t file or pay and you might get hit with tax evasion eventually. More likely just get hit with an extra 25% of his taxes he didn’t pay as it goes up by 5% a year until it stops at 25.
I didn’t want to assume based off what little they provided since often this libertarian puffery but their follow up indicates clear intent to evade taxes.
Not filing is tax evasion a bit of research would alleviate them of any misconceptions on this.
There only hope is to file all those years and as you noted, ignore the penalties but I see no indication they’ll be doing that anytime soon.
This type of person is the reason cash app and others are now required to report. And if this fool tries to skirt around by structuring payments under those limits, they’ll fuck themselves in ways only money launderers experience.
The fact that they haven’t hit the existing limits indicates they are living a life of poverty. They are putting themselves at substantial risk over tiny sums of money. Either that or they are structuring payments, at which point money laundering comes into play and whoever is playing along with them is putting themselves at substantial risk.
Okay, I can deal with being told I’m wrong about stuff, and I’m fine with being the scapegoat for why those apps have to report things now (thats 100% true, not just me of course but so many people do that), and I don’t mind being called poor, or a tax cheat… But one thing I am certainly not is a Libertarian (or SovCit)… Perhaps if i had to settle on a less than ideal term i’d say “tax protester”… but even that is a bit of a stretch, I’m not against taxes, I’m against convuluted and corrupt systems that are clearly appeasing private companies (turbotax) instead of doing what their actually supposed to.
And yeah maybe it is a bit of some kind of “puffery” but my point is not that I dont want to pay taxes or that I hate the government, My point is the IRS is nearly incapable of going after even blantant tax cheats, forget about folks like me who just don’t file, and of course the obvious solution is that if they already know what we owe they could (and many other countries do) simply send a bill… but you know who would hate that, the rich folks who are able to take advantage of how complicated our tax system is so they can game the system.
Don’t forget the 1 year of jail per year of not filing taxes if considered tax evasion. If you cannot pay your taxes they cannot jail you. Aka, file your taxes and don’t pay your taxes and you should be fine. Don’t file or pay and you might get hit with tax evasion eventually. More likely just get hit with an extra 25% of his taxes he didn’t pay as it goes up by 5% a year until it stops at 25.
I didn’t want to assume based off what little they provided since often this libertarian puffery but their follow up indicates clear intent to evade taxes.
Not filing is tax evasion a bit of research would alleviate them of any misconceptions on this.
There only hope is to file all those years and as you noted, ignore the penalties but I see no indication they’ll be doing that anytime soon.
This type of person is the reason cash app and others are now required to report. And if this fool tries to skirt around by structuring payments under those limits, they’ll fuck themselves in ways only money launderers experience.
The fact that they haven’t hit the existing limits indicates they are living a life of poverty. They are putting themselves at substantial risk over tiny sums of money. Either that or they are structuring payments, at which point money laundering comes into play and whoever is playing along with them is putting themselves at substantial risk.
Okay, I can deal with being told I’m wrong about stuff, and I’m fine with being the scapegoat for why those apps have to report things now (thats 100% true, not just me of course but so many people do that), and I don’t mind being called poor, or a tax cheat… But one thing I am certainly not is a Libertarian (or SovCit)… Perhaps if i had to settle on a less than ideal term i’d say “tax protester”… but even that is a bit of a stretch, I’m not against taxes, I’m against convuluted and corrupt systems that are clearly appeasing private companies (turbotax) instead of doing what their actually supposed to.
And yeah maybe it is a bit of some kind of “puffery” but my point is not that I dont want to pay taxes or that I hate the government, My point is the IRS is nearly incapable of going after even blantant tax cheats, forget about folks like me who just don’t file, and of course the obvious solution is that if they already know what we owe they could (and many other countries do) simply send a bill… but you know who would hate that, the rich folks who are able to take advantage of how complicated our tax system is so they can game the system.