Re: Whats Fair When it Comes to Taxes?
No one likes the IRS, including me, but we all have to do what we must. It's funny you posted this thread today because I just got a letter today from the IRS saying I owe them 25K in back taxes from 2009 on top of a 5K in penalty for unreported income. Of course what these mother fckers don't realize is they've already collected taxes on said income and all I have to do is file an amended Schedule D. It's a pain in the ass but what isn't these days?
Bottom line is a lot of people want simplicity these days but they also want the ability to do some deductions and take tax breaks. I dont know how you simplify that. Shiit, I want more deductions not a simpler process.
Anyways, I got to go dig-up my records and settle this matter before the 90 days they've given me and avoid having wages garnished.
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