I work for a tax firm and I have a Master's in Tax. Your CPA only knows about the income you tell them about, her comment is patently false. A Ukrainian under-the-table shady business guy is not going to give Hunter and Joe 1099-MISCs and report the income to the IRS. The only way the IRS knows about income is if the person who gave someone $600 or more in exchange for goods/services informs the IRS via 1099.
The consumers of left wing media will believe whatever the leftist self-proclaimed "experts" claim. They honestly hold disdain for the truth and only care to preserve the narrative.
Your statement may be true in general, but even highly educated doctors and other professionals come to me and clearly have no idea how their taxes work, so I tend to be forgiving.
That feminine man is still awaiting his reckoning. It seems like DC is plagued with trainwreck children who do well to help their parents sell out this nation's foreign policy interests
Sadly, people struggle to understand this one too.
Underwriter: can you provide me with a W2 for [public accounting firm]?
Me: No, because I was working abroad last year, so I wouldn't have been issued one. Here are paystubs instead. The local currency is pegged to the dollar, so there should be no issue here.
Underwriter: but your application says you still work for [firm].
Me: Yes, I was employed by the [foreign country] member of [firm], which is why I listed ["Firm Country Ltd."] separately on my application. It is a separate and unrelated to the US member firm, [Firm LLP].
They share a name and are both members of the same network of firms, but I don't have a W2 from [foreign firm] because they're not a US company.
They don't have employees in the US, so they'd have no reason or ability to issue me a W2 (note: this was not a short term or temporary transfer/rotation/secondment, so I was no longer employed by the US firm at all)
Underwriter: thank you for explaining. So when do you think you can get me that W2?
Facepalm.jpg
I did get it sorted out in one of the few instances where "I'd like to speak with your manager" is a completely valid and legitimate request.
CPA as well. It's certainly not going to be as brazen as a check with "fraud" in the memo, but the media and deboonkers would be obtuse to accept nothing less as proof (even then, not entirely certain). But it is pretty brazen in that there is no need for elaborate, sophisticated money laundering/tax evasion, because they know they're too powerful to be investigated. And even if they were investigated, they wouldn't set a foot in jail, much less the courtroom.
I work for a tax firm and I have a Master's in Tax. Your CPA only knows about the income you tell them about, her comment is patently false. A Ukrainian under-the-table shady business guy is not going to give Hunter and Joe 1099-MISCs and report the income to the IRS. The only way the IRS knows about income is if the person who gave someone $600 or more in exchange for goods/services informs the IRS via 1099.
You mean not everyone working for cash or collecting illegal bribes are reporting it as income.
I’m shocked. Well not really.
Do these talking heads think we are that retarded?
The consumers of left wing media will believe whatever the leftist self-proclaimed "experts" claim. They honestly hold disdain for the truth and only care to preserve the narrative.
Well everyone knows that’s how bank robbers are caught, it’s reported as income on the taxes!
no, they are.
And of course ALL money laundering is reported on a 1099 LOL! About 40% of the voters in this country are complete retards
Your statement may be true in general, but even highly educated doctors and other professionals come to me and clearly have no idea how their taxes work, so I tend to be forgiving.
Proof that you can be highly educated and still dumb as a brick.
I call them educated idiots.
My late wife was a college professor and her dept parties were full of educated idiots.
She shares a brain with Marie Harf.
what do you have against bricks?
Mitt Romney said something about 47%.
That feminine man is still awaiting his reckoning. It seems like DC is plagued with trainwreck children who do well to help their parents sell out this nation's foreign policy interests
CPA fag here. Our engagement letter says we guarantee our work, but any return done by us is only as good as the information provided by the client.
You know how it goes, haha.
Another tax nerd here. When YOU sign YOUR TAX RETURN, YOU are taking RESPONSIBILITY for YOUR TAXES.
When my job is done, I will never be held liable for what you did or didn't tell me.
You got it chief! Funny how foreign countries don't utilize US tax forms for their "contractors"
Sadly, people struggle to understand this one too.
Underwriter: can you provide me with a W2 for [public accounting firm]?
Me: No, because I was working abroad last year, so I wouldn't have been issued one. Here are paystubs instead. The local currency is pegged to the dollar, so there should be no issue here.
Underwriter: but your application says you still work for [firm].
Me: Yes, I was employed by the [foreign country] member of [firm], which is why I listed ["Firm Country Ltd."] separately on my application. It is a separate and unrelated to the US member firm, [Firm LLP].
They share a name and are both members of the same network of firms, but I don't have a W2 from [foreign firm] because they're not a US company.
They don't have employees in the US, so they'd have no reason or ability to issue me a W2 (note: this was not a short term or temporary transfer/rotation/secondment, so I was no longer employed by the US firm at all)
Underwriter: thank you for explaining. So when do you think you can get me that W2?
Facepalm.jpg
I did get it sorted out in one of the few instances where "I'd like to speak with your manager" is a completely valid and legitimate request.
CPA as well. It's certainly not going to be as brazen as a check with "fraud" in the memo, but the media and deboonkers would be obtuse to accept nothing less as proof (even then, not entirely certain). But it is pretty brazen in that there is no need for elaborate, sophisticated money laundering/tax evasion, because they know they're too powerful to be investigated. And even if they were investigated, they wouldn't set a foot in jail, much less the courtroom.