Aug 10, 2022
12:05:48pm
Ycrazy All-American
I am not worried about Gates or Bezos they can afford the professionals to
defend their ridiculously low tax percentages. But those 87K irs agents are going to go after mom and pops and small business everywhere. They will audit and most will have to pay because they cant pay the professionals to defend them. One of my customers told me yesterday that he was audited and they asked for 75K more. He got it down to 3K in actual mistakes and tax liability, but spent 18 K on professionals to defend him. So he made some minor errors 3K is minor for him and lost 21K due to irs your guilty till your innocent power.

That is what concerns me. Especially as a small business owner.
Ycrazy
Bio page
Ycrazy
Joined
Apr 14, 2011
Last login
Jun 11, 2024
Total posts
8,729 (6 FO)
Messages
Author
Time
8/10/22 9:17am

Posting on CougarBoard

In order to post, you will need to either sign up or log in.