I AM FED UP !

[RightArm]

George W gave me money, once. I was able to buy some work boots. Seems I've been paying for those work boots again and again.
I had to pay twice last year, because I had no proof that I paid in 2007. I had to pay 2011 and tripple what I owed in 2007. I bought a new gun anyway.

 

[Skunkhome]

Youse guys and all my friends get tax returns EVERY year.
I think I am the only bloke in the U S of A that has to pay every year.
I wish you folks would stop bragging
Blessings

look at it this way , it is actually better to get your money when you earn it, rather than loan it it the government, interest free while you go out and buy stuff with expensive money on a credit card at 23%+ per anum. I think you may be the smartest man in America.

 

[teesur]

I think it was in Bill Clinton's second term tha the IRS proposed a new, simplified income tax return form with only two lines on it.
Line one - - - How much did you make last year? _____.
Line two - - - Send it in!
teesur.

 

[loutent]

Haven't had a return in at least 10 years - and that one was a couple Benjamin's IIRC. Now I send in quarterly and am happy not to be poked.

 

[Class III]

Go get yourself the services of a QUALIFIED CPA.

Being self employed the CPA is well worth the few grand I spend with him every quarter.

Class III

 

[Sprefix]

My choice

Well, I guess I'm the odd duck here. I pay in generous amounts of money every two weeks so I get a fat return. I know the gov. uses the money all year, but do you really think they aren't anyway...??!! The system is a rip-off and that is for certain. I just choose to pay in extra as I'm single, no kids, and debt free. A $7000.00 return (sorry williamlayton) is a chunk of money a blue-collar working man can do something with. If I tried to save it all year, some dirty, low down forum member would post a gun for sale that I NEEDED!! Poof!! Money gone. Just a choice. If I had to pay in $3.00 at the end of the year after paying out of every check all year, I'd have a coronary!! Blessings and pray for our country sooner than later..........

 

[chief38]

Got my tax return from my Accountant to day & I owe money as well - you are not alone!

 

[dcxplant]

"some dirty, low down, forum member would post a gun for sale...."

classic, thanks for that!

 

[tom turner]

I wish the govt would NOT nickel and dime folks every two weeks (or whenever) that a person got a paycheck.

IF the government would just send out an ANNUAL BILL, everyone would be so peed off that it would force a massive overhaul of the entire system.

Our founding fathers did NOT provide for a federal tax on income. The first one was during Lincoln's rule, and it was to finance a war of other citizens of this country who chose to exercise the original guarantee that if the "Unitied" states didn't work out of their state, the states would be totally free to leave that "union." We all know how that founding fathers promise ended!!! He also started the first draft to get warm bodies to fight that war.

FAST FORWARD TO 1913 . . .
I guess the politicians loved the thought of going back to Lincoln's income tax, but this time on a more permanent basis . . . so we got the income tax on our earnings again. I don't think it will go away again, but over time it has allowed the federal government to become enormous, and to use that money on huge projects, and to threaten states that the feds would withhold their portion on federal projects to any state that wouldn't go along with whatever the feds mandated.

Without a continual, massive influx of tax money from America's workers we'd no longer have a massively-sized federal government. Wouldn't that be WONDERFUL?

BTW, yes, I'll again pay a few thousand to the feds on April 15th, angry we just gave the Palestinians a half a billion dollars this week, and angry about a lot of other things that, IMHO, the feds have no business giving away. With massive money comes massive power, and the founding fathers intended for this NEVER to happen here!

 

[LouisianaJoe]

Since I am self-employed, I pay estimated taxes each quarter. At the end of the year I estimate how much my taxes will be and pay enough to owe a small amount. I prefer to owe them, not have them owe me.

I just did my Federal taxes and this year I will owe $62.

 

[labworm]

Since I am self-employed, I pay estimated taxes each quarter. At the end of the year I estimate how much my taxes will be and pay enough to owe a small amount. I prefer to owe them, not have them owe me.

I just did my Federal taxes and this year I will owe $62.

Joe, you and I have two numbers that match $962.00
Have to stay under $1000.00

I play it real close.

 

[LVSteve]

I'm with TACC1. I get we'll, say screwed every year. I'm to the point in my life where I have no deductions. Give me 300 areas in the mid west with a wind mill, a well and a few solar cell and leave me the hell along.

In the US retired folk with investments that are earning are always in the hole at the end of the year. Coming from England I did not understand this at first. In the UK most, if not ALL, interest bearing accounts are taxed at source, i.e., your financial institution sends in a percentage on your behalf like an employer would.

In the US you earn a bunch of interest and either pay tax quarterly or suck it up at the end of the year. There is no way of adjusting your withholdings as you are not paid like an employed person, so unless you pay quarterly you dinged for the whole lot at the end of the year and complain about it here. Simple, huh?.

 

[williamlayton]

I'm feein better after hearing from youse guys.
My good feeling this year was that I paid the CPA more that I paid UNCLE.
Being retired, it is difficult, in these times, to know what to send in quarterly---.We try to not underestimate---buttttt---well, you know.
I had a friend who touted a CPA he used because he always got big bucks back----that CPA is washing dishes for the feds for a few years these days.
Blessings

 

[CAJUNLAWYER]

Since I am self-employed, I pay estimated taxes each quarter. At the end of the year I estimate how much my taxes will be and pay enough to owe a small amount. I prefer to owe them, not have them owe me.

I just did my Federal taxes and this year I will owe $62.

Perfect!!!
Not filing your taxes is frowned upon by the bar association and can get you suspended or disbarred. Something about that "officer of the Court" thing Apparantly not paying is OK since lots of lawyers are in major tax trouble and there are support groups for them to help them overcome the personal demons that drove them to that plight. But God help the poor schlub that doesn't return a clients' phone call fast enough - those little pieces of low hanging fruit are what the disciplinary board goes after

Regarding those organizations that promise to get you out of tax trouble. They are making a killing by doing "Offers in compromise". It has been around for years and basicaly allows the IRS to get something instead of nothing. The stories you see are abberations designed to set the hook, the real process is a lot more painful. It ain't fair to those of us who pay through the nose, but then that relates back to rule #1 "Life ain't fair". Most of us here would never use it, just like most would not consider bankruptcy. But it's nice to have it thee just in case-since every bankruptcy client I have ever had first had to overcome the shame of even coming into my office in the first place to even discuss bankruptcy. There are a bunch of people that abuse these things, but the vast, and I mean vast majority are people at their wits end with nowhere else to turn. To tell you the truth, I don't begrudge them at all-I'd rather be paying and moaning than in their shoes anyday.

 

[Brian41]

I got my taxes done by my CPA last night. We owed $1200 until he figured wife's school deductions and now we will get a $1500 refund which is going back into school costs. She's done with school this year and will need to adjust deductions next year.
I'd rather be close to zero but my wife loves the refund check.
No gun buying though until school's done.

 

[dcxplant]

I'm feein better after hearing from youse guys.
My good feeling this year was that I paid the CPA more that I paid UNCLE.
Being retired, it is difficult, in these times, to know what to send in quarterly---.We try to not underestimate---buttttt---well, you know.
I had a friend who touted a CPA he used because he always got big bucks back----that CPA is washing dishes for the feds for a few years these days.
Blessings

I got one for ya....

A fellow worker told me, about thirteen years ago when I was a newbie, about how federal taxes are unconstitutional, and that he sends in a letter each year instead of filing/paying and tried to advise me the same. I said thanks, but no thanks.....

I ran into him a few years later, and he showed me an IRS garnished paycheck that left him .62c! Boy was he singing the blues...

He pays his taxes now.

 

[kudzu3]

We ALL pay, you are no different than the rest of us. What we get back is what we over paid. Do some adjustments.

 

[Xtasy]

What bothers me the most is the money we spend in foreign countries... People are suffering under the increasing taxes and some countries get free F16 jets... I am so sick and tired that my money is thrown away like that while US SOLDIERS have their tuition assistance cut...

 

[LouisianaJoe]

Joe, you and I have two numbers that match $962.00
Have to stay under $1000.00

I play it real close.

I would hit the like button, but that would just be mean!

 

[rwsmith]

Already spent

We get good returns. Trouble is the money is already spent before we get it.