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Are there any tax attorneys who post on this board willing to come forward?
posted ago by maleitch ago by maleitch +15 / -1

I want to start compiling useful information for all my pissed off pedes at the moment that doesn't involve super secret videos and sneaky kid touchers.

Want to have some adult, real life, and real results discussions.

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– sometimesme 2 points ago +2 / -0

if what you're thinking of is not paying taxes, then here's a few things to know:

  • there are "failure to file" penalties and separate "failure to pay" penalties. if you file your taxes but never send them money, you end up owing them far less than if you skip filing your taxes, too. if you want to protest on principle, this would be the way to do it: file taxes but not pay.
  • any form of being a smartass and saying the IRS doesn't have authority triggers a bunch of angry IRS shit that's not worth fucking with IE doing a wesley snipes. these are called frivolous tax arguments and you get penalized severely for taking them and they generate huge red flags for years to come. not worth it at all. don't listen to the internet.
  • a much better way to avoid paying taxes is to have lots of expenses. if you are getting paid as an employee (w-2) then you don't really have any ways of lowering your taxes apart from making lots of retirement contributions. donating to charities doesn't really do anything anymore.
  • the best way to avoid paying taxes is if you are a small business owner or contractor, ie you file a Sch C. the most effective way to avoid taxes is to claim a large but reasonable amount of business expenses. the best way is lots of car miles and lots of advertising expenses. you can run your business at a loss for a few years in a row before they consider you to not be having a business.
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– maleitch [S] 1 point ago +1 / -0

This is fantastic information, but I don't just mean not paying taxes, but any sort of mitigation.

So if I am a full time salary employee for an organization my options are very limited correct?

What if we started a group where we agreed to try to only use each others businesses if possible and maybe agreed to cash or crypto based transactions.

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– sometimesme 1 point ago +1 / -0

So if I am a full time salary employee for an organization my options are very limited correct?

correct. the big legit ways to lower your taxes are 1) get married to someone who makes less than you 2) have kids 3) put money into retirement 4) start a business that loses money

crypto based transactions.

owning crypto is a red flag for the IRS today and it's not anonymous. every transaction ever made is stored in the blockchain. cash or barter is the best

if you and your friends all trade services with each other then those would indeed be very hard to track

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