I don't know anyone that had a penality for filing late that was owed a refund. I recently did a tax return for a guy that hadn't filed in eight years. He got eight refunds back with no such penalty.
In regards to the U/C tax comment - yes, workers pay for the water and paper too. Sigh........
Kevin thinks that all $ in companies belongs to employees first off. And anything left over are those nasty profits. No wonder so many of his businesses failed.
I'm still working--same gigs as before, though I didn't do nearly as much tax prep work this year as previously.
So LAM isn't working and if he is, I feel sorry for anyone who trusts him to do a tax retrun
Originally posted by: Kevin Lewis
Kind of a silly question. There's no evidence that any kind of review of the fired employees' performance ever took place, and the whole jihad took place far too quickly for any fair review. Not to mention that the process was literally carried out by teenagers whose prior work experience was limited to McDonald's.
The 10 percent reduction, according to ElonTurd, is just "the first phase." The 20 percent goal has been articulated by it many times.
Nines, why be a reflexive MAGA and defend everything ElonTurd does? Aren't you smarter than that?
You always sound like the tyrannical British prior to the revolutionary war with your aRGUMENTS. CARRY ON.
My tax person once said, when I was worried about getting mine done on time, that if you ARE OWED money, they don't care if your return is late. If you owe money, it had better be in on time.
She said it, I didn't, but it makes sense. I'd never intentionally be late with mine, 'cause it isn't so big either way that I'd be confident whether I'd owe or be owed.
My husband died last July. So I got to file married filing jointly for 2024. For some years we'd get money back (Federal) due partly to his high medical/Rx expenses (something Kevin got wrong in an earlier post), deductible business expenses (no longer a deducation for several years now) and how gambling winnings/losses used to be treated.
This year I owed a little, partly due to gambling winnings, manageable but...where the heck is that money now? My CPA gave me forms to send some $ in quarterly. I don't have to as I'm not self employed, but she is the second person to warn me that with my retirement income, by filing single I'll have tax shock next April if I don't.
Originally posted by: O2bnVegas
My tax person once said, when I was worried about getting mine done on time, that if you ARE OWED money, they don't care if your return is late. If you owe money, it had better be in on time.
She said it, I didn't, but it makes sense. I'd never intentionally be late with mine, 'cause it isn't so big either way that I'd be confident whether I'd owe or be owed.
My husband died last July. So I got to file married filing jointly for 2024. For some years we'd get money back (Federal) due partly to his high medical/Rx expenses (something Kevin got wrong in an earlier post), deductible business expenses (no longer a deducation for several years now) and how gambling winnings/losses used to be treated.
This year I owed a little, partly due to gambling winnings, manageable but...where the heck is that money now? My CPA gave me forms to send some $ in quarterly. I don't have to as I'm not self employed, but she is the second person to warn me that with my retirement income, by filing single I'll have tax shock next April if I don't.
Definitely don't let Kevin do you taxes, Candy.
I remember when cpa kevin said he had an accounting degree but didn't understand the SALT deduction
All these insults are nothing but you MAGAs being butt-hurt when I refute and school you.
Originally posted by: Boilerman
Kevin, it's called waste.
It's CALLED that, yes.
Originally posted by: Kevin Lewis
All these insults are nothing but you MAGAs being butt-hurt when I refute and school you.
Yep, failed businesses, not knowing what SALT credit is or how U/C taxes work and you schooled us......
Originally posted by: Jerry Ice 33
Yep, failed businesses, not knowing what SALT credit is or how U/C taxes work and you schooled us......
Jerry, you really shouldn't pretend that you don't know what I mean when I say that employees pay employment taxes.
Here's another one for you. Who actually pays sales taxes? Get back to us on that.
