#TAX&AUDIT
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Enterprise Legacy System Application (ELSA) by TJC Group
ELSA is an SAP native application built on SAP BTP that provides a long-term solution to re-access old data. It ensures that all legacy data is stored and can be re-accessed before and after S/4HANA migration. ELSA creates a tax archive that complies with future tax & audit requirements and data privacy laws. Accelerate your migration to S/4HANA by ensuring legacy data from SAP and non-SAP systems can be re-accessed at all times from one single solution. Find out more at https://www.tjc-group.com/elsa/.
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PSA to printed zine makers
As a 37 year old who's been running a sole proprietorship for the last 10+ years, I just want everyone who is planning to run a fandom project that involves accepting money for printing & shipping costs to know that you're actually running a small business and you need to plan for taxes. It doesn't matter if you don't make any profit: that is business income and the IRS will see it as such if you get audited.
If you only take enough money in to cover the cost of printing & shipping then you can write that off as a business expense and probably not pay taxes on it, But in order for that to fly you actually have to do business accounting, especially if you're doing it at scale. Like, you can probably skate by without reporting a $500 project; I absolutely would not fucking risk it with a $5000 project.
Back when I was producing shows there were years when I was where I made $20k in ticket sales only to turn around and immediately pay $18k to my performers. I only made $2k for myself, but I had to report the entire $20k, because it was ALL INCOME. (I only paid taxes on the $2000, because that's how writing off expenses works!)
Yeah this is boring grownup shit and I'm getting my boring grownup fingers all over your fun fandom, but boring grownups doing boring grownup things are the reason fandom spaces exist at all (paying for servers is deeply boring), and I'm way more fun than an audit
#don't find this out the hard way#get a small business license if you want to do it more than once#small business taxes are annoying#but getting audited is way worse#this advice is US-centric but the gist applies in other countries too#fandom#zines#also have contracts#if money is changing hands you gotta make that shit official
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I just think that if you pay a subscription for a service it should be illegal to then have pop-ups asking you to pay for more stuff. I want to kill intuit with hammers
#this is about quickbooks#intuit most evil of companies#unfortunately if you want to have your accounting work with pretty much any other person#like accountants or tax people#you just....have to have intuit!#and every time I log in they're like WOUDL YOU LIKE TO PAY A MILLION DOLLARS TO HAVE US DO YOUR TAXES#no intuit I would not!#I have your stupid service so I can have smart humans do my taxes!#I guess I could personally do my accounting by hand#but....my god I would fuck up so much#the ONE year I did my own taxes I got audited lol#(this is not to scare people about doing their own taxes - if you have a normal ass job you can do it)#(my taxes are decently complicated)#(and pls use the government's new service instead of evil intuit's dark patterning)#lauren says things#anyway
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$150,000,000,000
#tax evasion#taxes#us taxes#death and taxes game#property taxes#tax#irs audit#fuck the irs#irs free file#irsforms#irs#millionaire#billionaire#trillionaire#ausgov#politas#auspol#tasgov#taspol#australia#fuck neoliberals#neoliberal capitalism#anthony albanese#albanese government#eat the rich#eat the fucking rich#capitalist#capitalism#anti capitalist#capitalist hell
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An interesting 2017 tax implication article prior to their marriage mentioning several things I hadn't even thought about that would effect her/them taxwise like her engagement ring AKA Reporting a Large Gift from a Non-Resident Alien or their wedding gifts including charitable contributions...
#the wolf group#irs audit Archwell#tax fraud#us taxation#royalty is not celebrity#merch your royalty#just call me harry#using your office for personal gain#can't buy credibility#lies and the lying liars who tell them#unsussexful#grifters gonna grift
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India Company Registration
Top CA firm in India, facilitating seamless company formation in India with easy processes and successful outcomes, led by experienced professionals. Call Us Today! +91 966 777 9615 India Company Registration | Foreign Company Formation and Registration Services in India
#accounting & bookkeeping services in india#businessregistration#audit#chartered accountant#foreign companies registration in india#income tax#auditor#taxation#ap management services
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Byron Dobbs and Tina Kendall Dobbs are Despicable
Thank you for taking the time to read about Byron Dobbs and Tina Kendall Dobbs. Dont let their average housewife and senior citizen facade mislead you.
Byron Dobbs and Tina Kendall Dobbs is where I share with you what kind of people Byron Dobbs and Tina Kendall Dobbs truly are.
I will go back many years, in order to give context.
Byron Dobbs has a younger sister by 10 years and when she was a young child, and Byron Dobbs was a teenager, he had a friend over who sexually molested his sister. Now, Byron Dobbs did not know right away because his sister felt great confusion and shame, however, about a year later Byron Dobbs did find out what happened to his sister. And, what did Byron do? No, he did not protect or advocate for his sisterwhat he did was stay friends with his POS friend who molested his sister for many MANY years.
Yep pretty disgusting. This was only the beginning of what type of brother and relative Byron Dobbs was and is. Once, Byron Dobbs threw his sister across the kitchen into a solid wood piece of furniture causing a head injury. Byron Dobbs was never reprimanded or punished for this, which might explain why he feels he can mistreat and abuse certain people in life with impunity.
Fast forward to years later, after Byron Dobbs married Tina Kendall Dobbs.
They say like attracts like, and feel this is a very true assessment, in this case. They both are so frugal and tight, they wouldnt help anyone in need especially family.Whenever there were emergencies, in the family, Byron Dobbs sister would assist, like when their other sister, who needed help with her grandchildren. Instead of being appreciated, for basically putting her life on hold to help take care of her sisters grandchildren, Byron Dobbs sister was treated like it was expected of her, with no help from her siblings.
Other random examples Byron Dobbs and Tina Kendall Dobbs never really were there for Byrons sister. For example, Byrons sister would take time off from her day to pick Tina Kendall Dobbs, from the airport, yet when she needed a ride one time, Tina Kendall Dobbs told her figure it out for herselfTina Kendall Dobbs was/ is an extremely self centered individual.
After Byron Dobbs and his two sisters father got very ill, no one really assisted.
The youngest sister was again, basically left alone to care give for her father. And, even though she didnt mind, she had already sacrificed several years for her sisters two young grandchildren. Byrons sister had started a serious relationship with a man she eventually would marry, and could not fully move in with because Byron Dobbs might stop by once every six months to see his own father.the sad thing about this was after his sister and Byron Dobbs father passed away, Byron Dobbs suddenly said it was no problem at all to stop by every single day to pick up the mail.sad, as why couldnt Byron Dobbs actually take time, even one or twice a month, in order to assist in his fathers care, instead of leaving everything to his sister.
However, some of the most egregious behavior exhibited by Byron Dobbs and Tina Dobbs came during their fathers, Mr. Dobbs final illness, in the hospital.
There was a time, after Byron and Tara Dobbss father had been on life support that the siblings had a meeting. Instead of talking about how to make James Dobbs (their father who always taken excellent care of his kids) a more comfortable and advocate for his care, Tina Kendall Dobbs inserted herself into the familys situation, which was none of her business. Tina Kendall Dobbs made gross statements(addressing Byrons own father), such as what if he lives??? What will happen to the estate funds if he loves and goes into senior care??!I cannot imagine being so greedy, that all basic human decency and respect for someones father is disregarded.
Tina Kendall Dobbs is not a kind or caring person. She is a greedy self serving individual who couldnt handle her glee, after our father finally passed away.
You would think all this would be enough but there is moreByron Dobbs and Tina Kendall Dobbs attempted tax fraud on Byron Dobbs fathers estate. When his younger sister refused to be complicit to tax fraud, this enraged Byron Dobbs. As an aside, he also had the audacity to try and claim his younger sisters son on the estate tax return.
Hes really beyond pathetic he literally doesnt care about his sister at all, which whatever, but what makes it worse is he consistently has looked for opportunities to exploit his own sister for personal gain.
Due to all the resentment, anger and envy Byron Dobbs had for his younger sister, over the years, he went further into trying to exact revenge against his own family. Byron Dobbs did not care that his younger sister was married to a verbally, emotionally, financially (and sometimes) physically abusive husbandNope, all Byron Dobbs cared about was trying to hurt his sister in whatever way he could. When his sisters former in laws (who condoned her husbands abuse) contacted Byron Dobbs and Tina Kendall Dobbs, instead of trying to help his sister, he sought vengeance and tried to assist the abusive husbands relatives, in trying to render her homeless.
I cannot even fathom being that miserable in your own life, where you would wish to not only hurt your sister but try to assist her in being homeless. There really are no words (except despicable).
#losers#tax cheats#suckers and losers#child abuse#family betrayal#irs#irs audit#mean spirited#greedy bastards#natural born losers#family abuse#betrayed#abusers#canton#georgia#woodstockGeorgia#Shilohhillsbaptistchurch
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https://money.usnews.com/money/personal-finance/taxes/articles/irs-pledges-more-audits-of-wealthy
This is actually great news. But read to the end for how it'll affect you.
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The nationâs millionaires and billionaires are evading more than $150 billion a year in taxes, adding to growing government deficits and creating a âlack of fairnessâ in the tax system, according to the head of the Internal Revenue Service.
The IRS, with billions of dollars in new funding from Congress, has launched a sweeping crackdown on wealthy individuals, partnerships and large companies. In an exclusive interview with CNBC, IRS Commissioner Danny Werfel said the agency has launched several programs targeting taxpayers with the most complex returns to root out tax evasion and make sure every taxpayer contributes their fair share.
Werfel said that a lack of funding at the IRS for years starved the agency of staff, technology and resources needed to fund audits â especially of the most complicated and sophisticated returns, which require more resources. Audits of taxpayers making more than $1 million a year fell by more than 80% over the last decade, while the number of taxpayers with income of $1 million jumped 50%, according to IRS statistics.
âWhen I look at what we call our tax gap, which is the amount of money owed versus what is paid for, millionaires and billionaires that either donât file or [are] underreporting their income, thatâs $150 billion of our tax gap,â Werfel said. âThere is plenty of work to be done.â
âFor complex filings, it became increasingly difficult for us to determine what the balance due was,â he said. âSo to ensure fairness, we have to make investments to make sure that whether youâre a complicated filer who can afford to hire an army of lawyers and accountants, or a more simple filer who has one income and takes the standard deduction, the IRS is equally able to determine whatâs owed. And to us, thatâs a fairer system.â
Some Republicans in Congress have ramped up their criticism of the IRS and its expanded enforcement efforts. They say the wave of new audits will burden small businesses with unnecessary bureaucracy and years of fruitless investigations and wonât raise the promised revenue.
The Inflation Reduction Act gave the IRS an $80 billion infusion, yet congressional Republicans won a deal last year to take $20 billion of the funding back. Now theyâre pressing for further cuts.
The Treasury Department said last week it estimates greater IRS enforcement will result in an additional $561 billion in tax revenue between 2024 and 2034 â a higher projection than it had initially stated. The IRS says that for every extra dollar spent on enforcement, the agency raises about $6 in revenue.
The IRS is touting its early success with a program to collect unpaid taxes from millionaires. The agency identified 1,600 millionaire taxpayers who have failed to pay at least $250,000 each in assessed taxes. So far, the IRS has collected more than $480 million from the group âand we are still going,â Werfel said.
On Wednesday, the agency announced a program to audit owners of private jets, who may be using their planes for personal travel and not accounting for their trips or taxes properly. Werfel said the agency has started using public databases of private-jet flights and analytics tools to better identify tax returns with the highest likelihood of evasion. It is launching dozens of audits on companies and partnerships that own jets, which could then lead to audits of wealthy individuals.
Werfel said that for some companies and owners, the tax deduction from corporate jets can amount to âtens of millions of dollars.â
Another area that is potentially rife with evasion is limited partnerships, Werfel said, adding that many wealthy individuals have been shifting their income to the business entities to avoid income taxes.
âWhat we started to see was that certain taxpayers were claiming limited partnerships when it wasnât fair,â he said. âThey were basically shielding their income under the guise of a limited partnership.â
The IRS has launched the Large Partnership Compliance program, examining some of the largest and most complicated partnership returns. Werfel said the IRS has already opened examinations of 76 partnerships â including hedge funds, real estate investment partnerships and large law firms.
Werfel said the agency is using artificial intelligence as part of the program and others to better identify returns most likely to contain evasion or errors. Not only does AI help find evasion, it also helps avoid audits of taxpayers who are following the rules.
âImagine all the audits are laid out before us on a table,â he said. âWhat AI does is it allows us to put on night vision goggles. What those night vision goggles allow us to do is be more precise in figuring out where the high risk [of evasion] is and where the low risk is, and that benefits everyone.â
Correction: The IRS has collected $480 million from a group of millionaire taxpayers who had failed to pay. An earlier version misstated the amount collected.
#us politics#news#cnbc#2024#irs#internal revenue service#Danny Werfel#taxes#tax evasion#private jets#audits#Inflation Reduction Act#treasury department#Large Partnership Compliance#eat the rich#tax the rich#tax the 1%
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Oooohh yeah Sampard time
#sampard#sampo#gepard#you cannot tell me that sampo pays his taxes#only over his dead body would he let the irs audit him
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i can do this i can do this i can do this (file my taxes a day late) i can do this i can do this if i consume enough coffee i can do this i can do this i can
#yes i've had my rx stimulants too today! it is just.#i've never filed on time in my life#i was SO CLOSE this year#idk i know i've been held at gun point and knife point in my life but those are intense and one way or another v temporary problems#tax forms????????? formless boundless anticipatory dread forever#one year i filed so late that e-filing was CLOSED#I had to PRINT OUT MY FORMS and MAIL THEM to the IRS#do not reccomend#sometimes i truly understand my father#mister yeah I want hazard pay sure send me to negotiate with terrorists idfc yolo fuck it we ball. just get me a really good secretary#mister I have highly personal beef with several legitimate insurgency leaders and have had literal bounties on my head#mister âsweetheart i mailed your birthday present to your address from five years ago can you handle itâ#like. i get it. i get it! I would also rather have heavy problems limited in time#paperwork that can get you audited is way scarier#paperwork where the punishment for getting it wrong is like. a lot more paperwork#okay! i have blogged about my personal failings.#time to actually do something useful#about me
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i am too tired to think of the full joke post but the punchline was bregan daerthe gets audited
#i know the majority of the paperwork they do is like. trading and stuff but taxes and trade tarifs are a thing so#kimmuriel: we are being audited btw#jarlaxle: audit-who the FUCK is auditing us we're a fantasy mercenary group#legend of drizzt
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In the accountingverse how would Aang's nightmares and daydreams have gone? đ
aang having a nightmare over fire lord ozai giving him an accounting test is tragically just my reality. the accountingverse was created to cope with the fact i have an accounting final on saturday. 𤧠ill make sure to remember my pants. thank u for the lessons aang
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đ
#đ#taxpayers#tax payment#ato#australiantaxationoffice#irs audit#fuck the irs#fuck the ato#irsforms#irs#ausgov#politas#auspol#tasgov#taspol#australia#fuck neoliberals#neoliberal capitalism#anthony albanese#albanese government#taxes#tax#eat the rich#eat the fucking rich#government#federal government#fuck the government#anti government#class war#fuck the police
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