Quote:
Originally Posted by Drakborn
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When you get audited, you’re going to:
1. Get jail time, and..
2. Have your wages garnished for the rest of your life.
Don’t mess with the tax man, he’ll get his money.
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Pretty ironic that someone posts that people don't understand how taxes work and then right away someone demonstrates it.
Drakborn, you don't know how taxes work.
I have a million dollars in revenue. I also have a million dollar in expenses. My taxable income is zero. Yet my business is booming and I'm getting paid. Do you understand now?
Oh, in case you don't know, this is how the IRS collects it's money:
Quote:
Hi this is the IRS umm we noticed you didn't pay enough taxes and umm you owe us X.
Oh wow, that's terrible, how long has this been going on?
Three years.
Oh wow, would you take one-tenth X?
How about a third?
Done.
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Jail time lol.