They have to dismiss Trumps case. Trump was authorized as president to have docs. Joe was not as a senator or VP. Just walking out of the building with them was felony. Pence and Hillary both felons as well. Two tiered justice here in our nearly communist nation.
Weird, you’d think the prosecutor that Trump appointed would have charged him.
They have to dismiss Trumps case. Trump was authorized as president to have docs. Joe was not as a senator or VP. Just walking out of the building with them was felony. Pence and Hillary both felons as well. Two tiered justice here in our nearly communist nation.
Weird, you’d think the prosecutor that Trump appointed would have charged him.
Well he's going to be critical of him
You think everyone is as corrupt as Joe. You think that
They have to dismiss Trumps case. Trump was authorized as president to have docs. Joe was not as a senator or VP. Just walking out of the building with them was felony. Pence and Hillary both felons as well. Two tiered justice here in our nearly communist nation.
Weird, you’d think the prosecutor that Trump appointed would have charged him.
Well he's going to be critical of him
You think everyone is as corrupt as Joe. You think that
I’ve been clear that people either are or are not corrupt, generally speaking.
They have to dismiss Trumps case. Trump was authorized as president to have docs. Joe was not as a senator or VP. Just walking out of the building with them was felony. Pence and Hillary both felons as well. Two tiered justice here in our nearly communist nation.
Weird, you’d think the prosecutor that Trump appointed would have charged him.
Well he's going to be critical of him
You think everyone is as corrupt as Joe. You think that
I’ve been clear that people either are or are not corrupt, generally speaking.
If there were any smart people in California he would have never won the election after that interview when it happened. But, obviously we know how that turned out.
Well, it's here. Perfect example of an authoritarian government staffed with incompetent mellos trying to beat down the private sector economy. When there are no plans for a common sense enforcement policy you are going to get leftards using these new reporting forms to punish political opponents. Just like the failure to file FARA (Foreign Agent Registration Act) forms was used to target Trump allies while ignoring the Clinton gang and the Bidens or the SAR (Suspicious Activity Report) banking forms that the US Treasury studiously ignored on the Biden crime syndicate. 30 million new targets for the IRS. I'm sure they are all US taxpayers making more than $400,000 as promised by the dementia patient as his rationale for the new forms and 80,000 new IRS agents.
As a result, many taxpayers who never received Form 1099-Ks in the past will receive them this year, according to a Nov. 15 report by the U.S. Government Accountability Office (GAO). This could “exacerbate confusion among some taxpayers, such as gig workers, who may not understand the taxability of their payments and taxes owed.”
“For example, some of these taxpayers may not know how to calculate profit or loss and may not understand the information reported on the form. This puts them at risk of inaccurately reporting their incomes to IRS or not meeting their tax obligations.”
The IRS calculated that the new rule would result in 44 million Form 1099-Ks being filed in 2024, which is an increase of roughly 30 million. The tax agency “does not have a plan” to analyze these data to support its enforcement and outreach activities. “This limits its understanding of changes in taxpayer burden,” GAO said.
GAO also pointed to challenges facing the IRS with regard to its handling of “information returns.”
Information returns are filed by third parties like employers, businesses, banks and include Form W-2 for employee wages and Form 1099-K filed by payment networks. IRS compliance programs use these information returns to identify potential fraud and noncompliance among taxpayers.
However, “IRS lacks centralized leadership to make strategic decisions related to the use of information returns across the agency,” the GAO report stated.
“For example, IRS has not analyzed information returns comprehensively to determine if the returns' characteristics (e.g., deadlines) meet IRS's needs. While information returns support multiple IRS compliance programs, no office is responsible for coordinating these efforts.”
Burdensome for Americans Commenting on the GAO report, the House Ways and Means Committee criticized Democrats for burdening everyday Americans with the new tax rule.
“Thanks to Democrats, more Americans who mow lawns or sell concert tickets and used couches through Venmo or PayPal will have those transactions scrutinized by the IRS starting in January 2024 thanks to a lower reporting threshold for IRS form 1099-K,” said a Nov. 16 press release from the committee.
The GAO report “shows that the IRS will send at least 30 million new 1099-K tax forms to Americans’ mailboxes come January, even though the agency has no plan on what to do with the new information—and it is unlikely most Americans will understand how to fill them out.”
Committee Chairman Jason Smith (R-Mo.) called the additional tax forms “a new years’ nightmare for millions of Americans and a mess for the IRS.”
Comments
You think everyone is as corrupt as Joe. You think that
The big news is that Trump is "only" 13 points behind Biden in California which is a pretty decent leap but that state is gone as far as elections go
Everything was true!
BidenBros order hotdogs.
Like I said. Russia has all the docs from the biolabs.
Bless their heart
https://www.zerohedge.com/political/new-years-nightmare-irs-targets-gig-workers-sends-30-million-new-tax-forms
Starting this year, a new IRS rule required that third-party payment networks like PayPal, Venmo, Amazon, and Square issue Form 1099-K when a user receives more than $600 in gross sales from goods and services transactions in a single year. Earlier, the threshold of gross sales was over $20,000.
As a result, many taxpayers who never received Form 1099-Ks in the past will receive them this year, according to a Nov. 15 report by the U.S. Government Accountability Office (GAO). This could “exacerbate confusion among some taxpayers, such as gig workers, who may not understand the taxability of their payments and taxes owed.”
“For example, some of these taxpayers may not know how to calculate profit or loss and may not understand the information reported on the form. This puts them at risk of inaccurately reporting their incomes to IRS or not meeting their tax obligations.”
The IRS calculated that the new rule would result in 44 million Form 1099-Ks being filed in 2024, which is an increase of roughly 30 million. The tax agency “does not have a plan” to analyze these data to support its enforcement and outreach activities. “This limits its understanding of changes in taxpayer burden,” GAO said.
GAO also pointed to challenges facing the IRS with regard to its handling of “information returns.”
Information returns are filed by third parties like employers, businesses, banks and include Form W-2 for employee wages and Form 1099-K filed by payment networks. IRS compliance programs use these information returns to identify potential fraud and noncompliance among taxpayers.
However, “IRS lacks centralized leadership to make strategic decisions related to the use of information returns across the agency,” the GAO report stated.
“For example, IRS has not analyzed information returns comprehensively to determine if the returns' characteristics (e.g., deadlines) meet IRS's needs. While information returns support multiple IRS compliance programs, no office is responsible for coordinating these efforts.”
Burdensome for Americans
Commenting on the GAO report, the House Ways and Means Committee criticized Democrats for burdening everyday Americans with the new tax rule.
“Thanks to Democrats, more Americans who mow lawns or sell concert tickets and used couches through Venmo or PayPal will have those transactions scrutinized by the IRS starting in January 2024 thanks to a lower reporting threshold for IRS form 1099-K,” said a Nov. 16 press release from the committee.
The GAO report “shows that the IRS will send at least 30 million new 1099-K tax forms to Americans’ mailboxes come January, even though the agency has no plan on what to do with the new information—and it is unlikely most Americans will understand how to fill them out.”
Committee Chairman Jason Smith (R-Mo.) called the additional tax forms “a new years’ nightmare for millions of Americans and a mess for the IRS.”