I pay all my taxes. I take all legal deductions to the fullest extent of the law. There are lots of things you can legally do to get deductions.
If someone wants to roll the dice and not pay their taxes that is their choice. If they get caught they should anti up though. What pisses me off is the people who don't pay, get caught then get reductions on how much they owe. I remember someone coming on gfy and bragging about how they had owed a ton of money in taxes and had it reduced significantly or wiped out. I think that is bullshit, if they want people to pay then they should at least stop cutting breaks for the people who cheat and get caught.
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Originally Posted by potter
Choker, I'm normally on your side of GFY arguments.... But how can someone "threaten to report" you to the IRS? Are you a criminal or something?.
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I don't know how the IRS reacts to people making accusations about others, but if the IRS did decide to audit you, it is a huge pain in the ass. And you are pretty much guilty until proven innocent. Pretty much you have to explain everything and even if you didn't cheat but kept bad records you could still be fucked.