...that will reduce your taxes!
Yeah, WD gets a big refund each year.
Yeah, me too. I want a nice little $200 refund to make me feel good about the surprise money, but no more than that so I don't feel like a sucker.
But I don't ever want to have to write a check, even for $20. That's a defeat.
How is writing a check a defeat? Paying a penalty is a defeat. Writing a check just means that you held onto your cash a little longer -- I don't see a problem there, as long as you're expecting it and plan properly. I'd hate to get hit with an expensive bill that I didn't anticipate. :-)
Most of it is that I'm just plain lazy and don't feel like writing a check and figuring out where to send it.
They take enough of my time already just filing the taxes.
I like to draw the line.
.
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April 18th, 2017 at 11:40 PM ^
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April 19th, 2017 at 12:44 AM ^
Think how much interest you could be earning on that few hundred dollars over like 6 months...at least 50 cents. Well maybe. Probably not actually.
April 19th, 2017 at 12:06 AM ^
stripping away that last, tiny bit of innocence they retained after 10 years or so of watching PornHub and ISIS beheadings.
April 18th, 2017 at 10:30 PM ^
and the fruit of vigilence pays off.
Yeah, let's talk about Speight vs. Peters instead.
I heard that Peters got a bigger refund than Speight, despite everybody thinking that Speight had the system down and would get the bigger refund.
I'm thinking that Peters is the go to guy now, but others think one good filing season is too small a sample size and Speight's refund consistency over the last couple of seasons is what really counts.
Damn, we have a shitload of America.
April 18th, 2017 at 10:16 PM ^
April 18th, 2017 at 10:28 PM ^
Hookers and blow tend to give bankers cutting edge snark....battleship snark in this case
Alternatively, we could pay down some of our country's debt.
We're like a guy who runs up a huge credit card statement and pays the minimum each month.
And we borrow the money to pay that minimum.
But we didn't have a federal income tax, with a few war time exceptions, until 1913.
Standard extension filed, along with the standard check for thousands of dollars.
if bank_account > 0
then execute TRANSFER_BAL_TO_UNCL_SAM
else repeat
LOL_POVERTY
until IRS_SATISFIED = TRUE
So the guy is getting back $10k in taxes. I know he is just putting out the bait but I have to bite anyway.
"You know you are giving the government $10k of your money to hold onto for nearly a year."
He repsonds
"No we do it on purpose so we get a huge reurn for my birthday (In April)"
He also doesnt wear a seatbelt and just hopes someone says something about it.
Anyway sometimes being the best at arguing makes you do dumb things.
I don't have Spartan friends
April 18th, 2017 at 10:39 PM ^
Well, I got an automated call from the "IRS" saying that they were bringing a law suite against me. Spelling there is correct. Law suite. So I guess I'm scared?
Are they going to build it on your property?
if it's a threatening phone call from the IRS, it's a scam even if correctly spelled. IRS doesn't make threatening phone calls, it sends threatening letters. I had to go over and over and over this with my parents, who came damn close to sending one of these scams money last year. Evidently, this scam works frequently enough to make the calls worth it.
April 18th, 2017 at 10:55 PM ^
and even on the "simple" years I happily pay him because I also call him on the phone half a dozen times a year with tax questions and get responses within the hour.
Worth the $ for me.
I actually worked for the IRS as a tax compliance consultant - sorry guys - for a couple of years.
The first thing you learn, beside the fact that a lot of people cheat on their taxes big time almost as a sport, is that the tax code is so complicated not for economic reasons, but because it's the knobs and levers that congress uses to shape / cajole the behavior is wants.
If they just wanted to optimize income while maintaining economic growth, it could be a ton simpler.
My favorite data element they used was the "Dangerous Taxpayer Indicator". It has to suck to be the first guy to figure that out each time.
The actual IRS people are pretty apolitical in general. Some are quite nice. They know you hate them, but it's just a job.
but if we had 10x more of them, we might very well get to pay less taxes. Every IRS inspector you hire brings a hell of a lot more back from cheats than their salaries and benefits cost. If compliance were higher (which could also happen from simplification), revenue goes up without having to raise rates. You could even go revenue neutral and drop the rates.
But it's always easy to make the IRS the whipping boy (and I would love to brandish the whip sometimes) but in truth, it makes no sense to cut their staff. Only ends up hurting all the people who don't cheat.
Mine were meh, did them back in February though. Why wait until April?
Income tax was started by the privately owned "Federal Reserve Bank." It is actually unconstitutional that this secretive organization exists. FRB also earns interest on all money in existense. To learn more ready The Creature From Jekyll Island. Good book.
16th amendment