Watch next: ▪IRS Tax Audit Secrets: Little Known Facts To Be Aware Of: kzbin.info/www/bejne/aWeqqomQZ9qIma8 ▪Do These Things To Avoid A Tax Audit: kzbin.info/www/bejne/sGjQYqejgLZ-iac
@rogerbartlet572011 ай бұрын
I filed an extension once. I was charged interest and that was it.
@ThePatriots010304 Жыл бұрын
The fact we still have to file taxes when the IRS already has the same forms and tax information that we do is insane.
@terry_willis Жыл бұрын
The reason is that your Form 1040 is a tax "confession". You are "voluntarily" submitting your statement under penalty of perjury, which now gives the IRS (your government) the ability to fine or jail you if they so choose, if they do not agree with your statement. Read this book by Irwin Schiff: The Federal Mafia. Irwin Schiff was a political prisoner murdered in a federal penitentiary for questioning the validity/constitutionality of federal tax law.
@jamisonmunn921511 ай бұрын
Since the government failed in their main duties of protecting the nation by having an open border. I dont believe i have to pay federal taxes anymore.
@rereichel Жыл бұрын
Filing an extension does avoid penalties, but not interest on tax due, unfortunately. If you are owed a refund, that's different.
@larryh657 Жыл бұрын
That right so go after the little people, the poor working class, or SSA income with a small side job or hobby to make ends meet. So they can choose medicine or food or heat. Because they DON'T HAVE THE MONEY TO HIRE CPA, AND LAWYERS To keep the irs from running over them with a steamroller.
@tomdrummy4984 Жыл бұрын
Thanks Lena…. Great info ! ❤️
@oldmanodin3521 Жыл бұрын
Very helpful. Thank you!
@Goirish1000 Жыл бұрын
Great information. Thanks. Beautiful woman talking taxes… wow!
@branonlamphere962411 ай бұрын
The IRS is now using AI. Their is going to be a lot of problems for people in the coming years.
@888strummer Жыл бұрын
There might be huge increase in audits this year since the IRS was given about $80 billion by the democrats.
@Hunter-fv5gl Жыл бұрын
vote them out
@888strummer Жыл бұрын
@@Hunter-fv5gl That's right
@jengoroot7099 Жыл бұрын
Trump 2024😊
@victorhaywood9995 Жыл бұрын
They already started. I received an IRS letter for my 2020 taxes for $45. Paid my 2020 taxes in August, 4 months late. However, I have not read ANY large corporation paying IRS levied late fees or filing excessive tax deductions. So, I am 100 percent sure the democrats are using the IRS to go after the middle class.
@888strummer Жыл бұрын
@@victorhaywood9995 It's always been that way; the poor and the middle class are always audited the most and nothing will be any different with Biden's administration. In fact it probably will be even worse for the middle class and the small sole proprietors