Warning...1 in 20 will be audited, Tax payers who;

[Journeyman]

<CENTER>Earn a 'High' income (over 100k reported)</CENTER><!--startclickprintexclude--><!--endclickprintexclude-->Not only are your taxes higher, you are chances of being audited are 1 in 20 if you earn $100,000 or more.

<!--startclickprintexclude--><!--endclickprintexclude-->"Higher income earners are more likely to be audited because there is more tax money at stake," Tyson said. "The IRS is a business, they have employees and they do not have time to let them audit people if they are only going to earn $2 worth of tax."

<!--startclickprintexclude--><!--endclickprintexclude-->Earning less money really isn't an option, but high earners should be aware that the government is eyeing their returns very carefully. So any temptation to tack on another $1,000 to a charitable deduction shouldn't be indulged. :sad3:

 

[Illini]

If anyone wants to pay me $100K, I'll gladly put up with the hassles of an audit. Otherwise, I have nothing to worry about.

 

[WildBill]

The chances of an audit are skewed by business owners in the over 100k category. Put simply the more deductions you take the higher you risks. Really that simple. If you don't itemize deductions and make a middle class salary I bet the odds are more like one in thousands.

 

[Fishhead]

The chances of an audit are skewed by business owners in the over 100k category. Put simply the more deductions you take the higher you risks. Really that simple. If you don't itemize deductions and make a middle class salary I bet the odds are more like one in thousands.

Agree

---FISH---

 

[Dante]

DAMN I lost the bet

....over/under 2 hrs when Fish will posted in a TAX related thread


I had the UNDER for a huge bet:sad3:

 

[Fishhead]

DAMN I lost the bet

....over/under 2 hrs when Fish will posted in a TAX related thread


I had the UNDER for a huge bet:sad3:

You should have middled or scalped it.

---FISH---

 

[Dante]

You should have middled or scalped it.

---FISH---

yep :sad3:

 

[TheGeneral+]

Should I worry since I reside at poverty level?

 

[bigbet1234]

Nope, just as you say.....pay you taxes and sleep well at night!

BB

Should I worry since I reside at poverty level?

 

[Dante]

Should I worry since I reside at poverty level?

I thought you told me you resided BELOW the poverty Level, what changed??

 

[Fishhead]

I thought you told me you resided BELOW the poverty Level, what changed??

Gave him some lessons on middling and scalping.

---FISH---

 

[TheGeneral+]

Yeah, Fish gives me some pointers, so I go to book A and get +200, then book B and grab +188. I played both sides with my whole load split and one wager was cancelled because of a bad line. I lost half my load right there. Thanks Fish.


:lolBIG:

 

[Fishhead]

Yeah, Fish gives me some pointers, so I go to book A and get +200, then book B and grab +188. I played both sides with my whole load split and one wager was cancelled because of a bad line. I lost half my load right there. Thanks Fish.


:lolBIG:

I have buried many a gambler in my lifetime.

You were warned beforehand to weigh your risk vs reward.

Stay focused Marine, it can change in a heartbeat to the good!

---FISH---
Professor

 

[Dante]

Yeah, Fish gives me some pointers, so I go to book A and get +200, then book B and grab +188. I played both sides with my whole load split and one wager was cancelled because of a bad line. I lost half my load right there. Thanks Fish.

well if you add that to the 99.9999999999999% slot return he has perfected your on EASY Boom Boom $$$ street man arty:

 

[Fishhead]

well if you add that to the 99.9999999999999% slot return he has perfected your on EASY Boom Boom $$$ street man arty:

Dante-- Even if I taught him how to make money on slots, he would blow it someplace else probably.

 

[Dante]

Dante-- Even if I taught him how to make money on slots, he would blow it someplace else probably.

True :sad3: