they charge you 8%

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Apr 30, 2024
3:25:59pm

lukeskywalker All-American

they charge you 8%

and you're getting 5.25%. You're losing ground with that strategy.

This message has been modified

Originally posted on Apr 30, 2024 at 3:25:59pm

Message modified by lukeskywalker on Apr 30, 2024 at 3:26:13pm

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lukeskywalker

Bio page: lukeskywalker
Joined: Jun 30, 2007
Last login: May 21, 2024
Total posts: 3,272 (2 FO)

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Messages

Author

Time

The IRS is such a garbage heap of an organization. I am a part-owner of a small

Team Chaos

Apr 30, 2:51pm

I think they're just trying to avoid filing for bankruptcy.

rcbyufan

Apr 30, 2:54pm

Oh wow, I thought it was going to be something bad

Apr 30, 2:55pm

You mean bad like Ute fans having to suffer watching their team be relegated to

Team Chaos

Apr 30, 2:59pm

Yes, something more like that

Apr 30, 3:05pm

Thanks for the clarification. I also appreciate your insight and understanding..

Team Chaos

Apr 30, 3:07pm

Yep. They suck.

RexIdaCoug

Apr 30, 2:55pm

government sucks

AZ Coug

Apr 30, 2:55pm

...bloated government sucks.

Benfica1

Apr 30, 3:36pm

so federal, state and most local government

AZ Coug

Apr 30, 3:38pm

Show me a government that isn't bloated

Dryfire

Apr 30, 3:38pm

this is one of the few i've seen

AZ Coug

Apr 30, 3:40pm

It is a joke. I won't pay our quarterly taxes. I just pay the "fees" they charge

cougarim

Apr 30, 3:20pm

they charge you 8%

lukeskywalker

Apr 30, 3:25pm

It didn't work out to 8%. I don't know how they calculate it; but my "fees" were

cougarim

Apr 30, 3:32pm

You should reconsider...you are losing money

citron

Apr 30, 10:25pm

That makes more sense based on what I end up paying. But it's still pretty close

cougarim

May 1, 9:12am

A 8% return vs 5.25% is a wash?

citron

May 1, 11:12pm

I filed an amended return for 2021 last year. Received last October and I'm

BangkokCoug

Apr 30, 3:21pm

You should consider calling the taxpayer advocate

RexIdaCoug

Apr 30, 3:33pm

They should require the IRS to staff 15 taxpayer advocates for every auditor

AZ Coug

Apr 30, 3:42pm

My biz got audited 14 years ago. I got all the papers together.... After a week

Benfica1

Apr 30, 3:40pm

You are likely in the "Identity unclear zone". Have your CPA call IRS.

hitechcpa

Apr 30, 3:48pm

Taxes are way too complicated.

EDthoracotomy

Apr 30, 5:01pm

Then why wasn't this a more resounding "no!" ?

C-dubb

May 1, 10:07pm

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