21–30 of 43 posts
Earlier quoted context omitted.
What seems fake about it?
Compare this site to the base domain. https://www.irs.gov/ Do you think it looks official? Or does it look like someone spent $10 on a 3rd world rando to make a site on Wordpress and a spoofed URL and didn't even bother to make it part of the official site.
I have a vague recollection of being charged a penalty I didn't agree with and arguing with the IRS about it during the pandemic. I couldn't tell you what or how much it was for now though.
I'll save everybody else 120s: if you didn't get penalized for filing your taxes late during covid, move on.
It seems to also argue that we all have claims for lost interest on what we paid to the IRS during the period in question, but that's a stretch. I am getting Wesley Snipes tax advisor vibes here and will move along.
From the IRS?
Earlier quoted context omitted.
What seems fake about it?
Compare this site to the base domain. https://www.irs.gov/ Do you think it looks official? Or does it look like someone spent $10 on a 3rd world rando to make a site on Wordpress and a spoofed URL and didn't even bother to make it part of the official site.
I check the address bar for that.
> Without IRS or congressional action, outcomes may unfairly favor the “well advised” over the “unaware.” Part of the governments job should be to make sure those with expensive advisors do not end up much better off than those who do their own taxes with little knowledge of tax law. The purpose of taxes is not to tax the dumb extra.
you're right but the purpose of the IRS is to tax the dumb extra.
Yet another insurmountable bug in capitalism - those with the capital make the rules, and usually the new rules allow them to accumulate further capital. Rinse and repeat.
> For COVID-19, a federal disaster declaration was in effect from January 20, 2020, through May 11, 2023. [...] As noted, tens of millions of taxpayers have been assessed penalties or interest for late filings or payments during these years. I'm a little surprised that many people are late with their tax filings.
Lots of people who are self-employed or who make a high W-2 income and receive irregular payments/gains (bonuses, RSU vests, capital gains) fall into this category.
Late filings are almost trivial to avoid; late payments are significantly harder to entirely avoid as, depending on your tax situation, many of the payments are due 12, 9, 6, or 3 months earlier than April 15.
Earlier quoted context omitted.
you're right but the purpose of the IRS is to tax the dumb extra.
The designed purpose of the IRS is to raise funds for governance. It's been captured and drained of resources by the capital class so that it's actual operational purpose is making sure that rich people pay as few taxes as possible by looking the other way when they don't obey the law. Yet another insurmountable bug in capitalism - those with the capital make the rules, and usually the new rules allow them to accumul…
Easy enough to do via tax policy too. Eg. 10% tax reduction per child.