This is something I've noticed but the IRS is gearing up for much bigger fines and audits. However, once you've been targeted your life is fucked. Let's say the IRS gives you a notice for 50,000 of undue taxes. You pay the taxes by dumping some investment. But now you owe taxes on those transactions. You sell something else, which incurs a new tax event. Every time you pay the IRS you end up paying more in taxes, until you have nothing left.
Secondly the IRS is very one sided. If you lie, you get fined. If they lie its business as usual. the entire IRS legal system is created in such a way that you the tax payer get fucked at every turn. If you appeal, you risk more fines. If you win, best case scenario, you settle for a lower cost. Worst case you end up paying 8% every 3 months. Its a typical heads they win, tails you lose scenario
GreatSatan 0 points 3 months ago
Ok? Am i supposed to care? Not one American in all the history of the IRS has bombed their offices. Let the slaves suffer!