Guest boatboatboat Posted July 12, 2016 Report Share Posted July 12, 2016 you like giving them interest free loans?I mean over pay as in at end of year don't get back all I could I have deductions for bizz I simply don't declare I stay well under the radar with income vs taxes paid. Quote Link to comment Share on other sites More sharing options...
WVU Posted July 12, 2016 Report Share Posted July 12, 2016 I over pay my taxes every year. true story many deductions I could take and dontim telling Milwaukee Mike. Quote Link to comment Share on other sites More sharing options...
rito Posted July 12, 2016 Report Share Posted July 12, 2016 Would be -ev to live in a country where no one pays their taxes. I don't necessarily think the recreational player should worry about a few thousand here and there, but they are likely paying in through other means i.e. through their normal job. If Brock is a pro gambler, and earns his money that way, than he should pay taxes like anyone else. I don't think that Uber probably takes out taxes. I could be wrong but they're probably independent contractors. My guess is that old Brocker owes the IRS a healthy sum...maybe some they know of, some they don't..As WVU said, They are short staffed, and there are good odds that he could get away with it. True.and I don't like paying taxes either, but it's really going to piss me off when Brock has gone through all his money, paid nothing into Social security and has to live on Medicaid at age 60 because he has heart disease from too many chicken wings, and we are supporting him to the tune of 100k a year in a nursing home. Or in the alternative, we are supporting him while he sits in jail for tax evasion. Uber sends him a 1099. He expenses (fuel, car deprecition, etc.) sufficiently to not owe anything. I've actually done the math, he doesn't even have to cheat. After counting all expenses, Uber drivers do not actually make a profit. Quote Link to comment Share on other sites More sharing options...
WVU Posted July 12, 2016 Report Share Posted July 12, 2016 Depends on the utility you assign time in federal prison.? Quote Link to comment Share on other sites More sharing options...
IAG Posted July 12, 2016 Report Share Posted July 12, 2016 Boat, if I do a trivia contest with the tip money you declined, Brock says he will kick everybody's ass. Is he able to play and thus post in an alternate thread in that situation? Or should he not be allowed to play? It's your forum, you make-a da rules. II was just kind of curious if he's really the trivia expert that he claims to be. Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted July 12, 2016 Report Share Posted July 12, 2016 Depends on the utility you assign time in federal prison.Have you seen Brocks bedroom at his section 8 dump? Federal prison would be a step up. Quote Link to comment Share on other sites More sharing options...
WVU Posted July 12, 2016 Report Share Posted July 12, 2016 Rito, who do you know that has done prison time for failure to claim income? Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted July 12, 2016 Author Report Share Posted July 12, 2016 might do a DINNER with Brock contest Pass. Quote Link to comment Share on other sites More sharing options...
WVU Posted July 12, 2016 Report Share Posted July 12, 2016 Going to prison for tax fraud, which is how the IRS classifies not-filing, is very rare, says Cindy Hockenberry of the National Association of Tax Professionals. After all, if you go to jail, you can't work, which means the IRS can't seize the money you owe from your paycheck.Feb 3, 2015 Quote Link to comment Share on other sites More sharing options...
rito Posted July 12, 2016 Report Share Posted July 12, 2016 ? You said it's +ev to not file. I assign a gigantic -monetary value to spending even a few days in jail. Quote Link to comment Share on other sites More sharing options...
rito Posted July 12, 2016 Report Share Posted July 12, 2016 Rito, who do you know that has done prison time for failure to claim income? https://en.wikipedia.org/wiki/Wesley_Snipes That's what they get most bookies for. Quote Link to comment Share on other sites More sharing options...
IAG Posted July 12, 2016 Report Share Posted July 12, 2016 um..From 1990-2012, I paid into social security well that's something at least. Of course ideally you would pay in for 40 years or so. And the assumption is you don't draw until at least 62 isn't it it? I paid in for about the same amount of time, but I was making good money for a lot of that time. I am really dreading going back to work, not sure Uber driving is for me, but not sure going back to the grind of an office every day is either...it's tough after being off a while, but I think structure would benefit me. Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted July 12, 2016 Author Report Share Posted July 12, 2016 WVU is correct in that most unremarkable 1040s pass through the IRS system unnoticed. I am creative with my taxes. Quote Link to comment Share on other sites More sharing options...
rito Posted July 12, 2016 Report Share Posted July 12, 2016 Going to prison for tax fraud, which is how the IRS classifies not-filing, is very rare, says Cindy Hockenberry of the National Association of Tax Professionals. After all, if you go to jail, you can't work, which means the IRS can't seize the money you owe from your paycheck.Feb 3, 2015 If you have the money they can take it from you and send you to prison. What was that guys name from BetFirstClass, he went to jail for tax evasion. Quote Link to comment Share on other sites More sharing options...
IAG Posted July 12, 2016 Report Share Posted July 12, 2016 Have you seen Brocks bedroom at his section 8 dump? Federal prison would be a step up.. Lol at whoever said he was a minimalist. Quote Link to comment Share on other sites More sharing options...
spankie Posted July 12, 2016 Report Share Posted July 12, 2016 I laughed at the minimalist comment too. Complete opposite. Quote Link to comment Share on other sites More sharing options...
rito Posted July 12, 2016 Report Share Posted July 12, 2016 WVU is correct in that most unremarkable 1040s pass through the IRS system unnoticed. I am creative with my taxes. As most should be, but that's a far line from not filing/paying them at all. Quote Link to comment Share on other sites More sharing options...
WVU Posted July 12, 2016 Report Share Posted July 12, 2016 Very close to zero percent chance of going to prison for either not filing taxes or failing to claim gambling income Quote Link to comment Share on other sites More sharing options...
WVU Posted July 12, 2016 Report Share Posted July 12, 2016 https://en.wikipedia.org/wiki/Wesley_Snipes That's what they get most bookies for.so if you are not a bookie you have very little to worry about as far as doing time for not paying taxes. I didn't know you knew Weskey Snipes. Pretty cool Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted July 12, 2016 Author Report Share Posted July 12, 2016 As most should be, but that's a far line from not filing/paying them at all. I din't file a state or federal return in 1987. Soon after I bought my first house only to find that I had state and federal tax liens on me that had to be paid off before I could get a mortgage. Not filing at all is -EV. Quote Link to comment Share on other sites More sharing options...
IAG Posted July 12, 2016 Report Share Posted July 12, 2016 LOL I made very good money for a great majority of that time.I have post graduate degrees in CS and BS in AG Economics what is very good money to you? Quote Link to comment Share on other sites More sharing options...
rito Posted July 12, 2016 Report Share Posted July 12, 2016 so if you are not a bookie you have very little to worry about as far as doing time for not paying taxes. ok, i'd too like to avoid this: I din't file a state or federal return in 1987. Soon after I bought my first house only to find that I had state and federal tax liens on me that had to be paid off before I could get a mortgage. Not filing at all is -EV. Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted July 12, 2016 Author Report Share Posted July 12, 2016 I have post graduate degrees in CS and BS in AG Economics Why then are you so utterly stupid? Quote Link to comment Share on other sites More sharing options...
rito Posted July 12, 2016 Report Share Posted July 12, 2016 LOL I made very good money for a great majority of that time. I have post graduate degrees in CS and BS in AG Economics So why don't you model sports? Quote Link to comment Share on other sites More sharing options...
WVU Posted July 12, 2016 Report Share Posted July 12, 2016 ok, i'd too like to avoid this:That's a far cry from a prison sentence. Quote Link to comment Share on other sites More sharing options...
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