Pretty sure the IRS has everything already. A few days ago I opened up an account on IRS to see my estimated taxes and one of the things they asked for was a CC, mortgage, personal loan, etc... in my name. I used a CC and the account was created. So, they can verify just about anything you have done.
The IRS wants all bank accounts over $600 to be reported ??
- Thread starter brass_trader
- Start date
Here is an example and please read this carefully.
Currently the IRS has no idea what you buy or what your bank activity is. Of course they can easily delve into that anytime and we all understand that, but they wont unless there is a reason so you are essentially annonomous with reagrds to your bank account. If passed, you are no longer annonomous in that regard and all of you banking activity- purchases, deposits, withdrawls, wires, venmo, is now going directly to the IRS. We do not want the IRS knowing what we buy, where we buy, and why we are sending money to our children for college expenses. Its a total invasion of privacy. Like I said, the fact that you innocently Venmo your children can initiate a computerized red flag which can in turn cause a stressful and unnecessary audit.
Lastly, we all know about the IRS annonomously leaking financial info for political reasons. Now they have more information to leak. Its a horrible idea guys.
Currently the IRS has no idea what you buy or what your bank activity is. Of course they can easily delve into that anytime and we all understand that, but they wont unless there is a reason so you are essentially annonomous with reagrds to your bank account. If passed, you are no longer annonomous in that regard and all of you banking activity- purchases, deposits, withdrawls, wires, venmo, is now going directly to the IRS. We do not want the IRS knowing what we buy, where we buy, and why we are sending money to our children for college expenses. Its a total invasion of privacy. Like I said, the fact that you innocently Venmo your children can initiate a computerized red flag which can in turn cause a stressful and unnecessary audit.
Lastly, we all know about the IRS annonomously leaking financial info for political reasons. Now they have more information to leak. Its a horrible idea guys.
That ship sailed awhile ago. The IRS, which has always had the power to find out everything about your financial situation, is just incrementally catching up with Google, Amazon, Facebook, VISA/Mastercard, other data-mining companies, and every corporation that purchases such data. If you care about invasion of privacy you should go back to using a land line, avoid credit/debit cards, and stop using a personal computer and the internet. Or you could just live your life and not break the law. So much paranoia these days.
Since you don't care about privacy, why don't you post your real life name, address, real names of members of your immediate family, your job(if any), bank accounts, online logins to said bank accounts, and you and your immediate families daily schedules?
agree. If no one has anything to hide in their house, will they just let law enforcement come into their home and open up all of their drawers? The IRS doesnt want full access to your bank accounts because they are nice people, they are looking for every possible way to know exactly what you are doing and find a way to squeeze more tax dollars from you. This way we can all support lazy people who dont want to work.
Since you don't seem to be interested or able to make an intelligent reply to what I wrote, I will ignore you.
Speaking of intelligent replies, why couldn't you give one instead of dodging the question?
Because you do not have one or could not give one.
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LOL, Its almost a miracle the US big gov would allow tax free mini bonds.
I use internet more than phone, no looks like land phone taxes are another loser; but use fees on ammo took in waaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay more than anybody though /LOL
Some state taxes are a bit crazy, some states dont tax farm products or farmland[greenbelt,LOL] much @ all.
I still cant figure out why SEC reduced ETFs sellin' fees, but God bless them for that..........................................................
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Mostly right;
but has to be a just law or ''legal order''..........................................................