Originally posted by: Kiyup
I call shenanigans on this thread!
Originally posted by: kranky
I see no problem with turning the guy in for the 10%. He seems to enjoy the fruits of free enterprise, he shouldn't be surprised when someone else does the same. He knows he's cheating and apparently he's OK with you and everyone else paying taxes to make up for him.
Keep in mind that the the more information you can provide to the IRS, the more the reward. In other words, you can't just turn in a list of 10,000 people and if you made a lucky guess you get the money. You have to give them enough information to give them a reason to investigate.
Originally posted by: Cuda1447
Originally posted by: Dezign
Originally posted by: Millennium
Oh BTW, you realize if you turn him in your are entitled to a certain percentage of the backtaxes he owes.
:Q:Q:Q:Q:Q:Q
Whoa. Wasn't aware of that. How does that work?
Peace,
Dezign
Don't even do it. You may not agree with him, still don't turn him in. If he is your true friend, then just let him be, or perhaps mention something to him. If you turn him in for the reward you are just as greedy as him.
On a side note: If by chance he is doing this legally, then I admire him and commend him. Nice work shady fella.
Originally posted by: Dezign
Originally posted by: Cuda1447
Originally posted by: Dezign
Originally posted by: Millennium
Oh BTW, you realize if you turn him in your are entitled to a certain percentage of the backtaxes he owes.
:Q:Q:Q:Q:Q:Q
Whoa. Wasn't aware of that. How does that work?
Peace,
Dezign
Don't even do it. You may not agree with him, still don't turn him in. If he is your true friend, then just let him be, or perhaps mention something to him. If you turn him in for the reward you are just as greedy as him.
On a side note: If by chance he is doing this legally, then I admire him and commend him. Nice work shady fella.
He's a new friend. I've known him for about a month now.
Peace,
Dezign
Actually it is, since the police (or IRS) can't be everywhere at all times. If somebody is not paying taxes because they're so poor they can barely feed their kids you won't find me telling on them but a guy this rich driving an Escalade man I'd call IRS in a second and I'm not kidding. This piece of sh*t deserves to go to jail. Taxes aren't a game to be played and "won". The less he pays the more you and I have to pay in police, fire departments, road work, military, etc. What a sh*t bag! Like I said doing it when you're down on your luck is one thing (and I'm not condoning that out right), but this is just inexusible.Just wanted to get this off my chest... I don't want to be the b!tchy whistleblower because it's not my place, but it really annoys me that some people are able to get away with things like this while the rest of us pay our dues and pick up their slack.
Originally posted by: Vic
Agreed.Originally posted by: NightTime003
obvious troll...
btw, as a current mortgage loan officer and former underwriter who has looked at literally thousands and thousands of tax returns, I can attest that there is a legal way to get out of paying income taxes. It's called being self-employed (along with extremely creative). Business expenses and re-investments become legitimate write-offs. Balancing profit with costs, re-investment, and depreciation equals zero net income which equals zero taxes owed.
Hey, don't knock it offhand. First, these guys pay for it in interest rates, let me tell ya. Second, small business is what really keeps the American economy moving, so the government provides enough loopholes to stimulate people into taking the risks in order to acheive the rewards.
While that may not be the actual case here, I also don't have a lot of trust in Dezign's intelligence in these matters so I will reserve judgement.
Well either he's breaking the law or isn't. If you really want to do the right thing you can call the IRS, or otherwise let him ride on the backs of those with less money. Your call!Originally posted by: Dezign
Originally posted by: Vic
Agreed.Originally posted by: NightTime003
obvious troll...
btw, as a current mortgage loan officer and former underwriter who has looked at literally thousands and thousands of tax returns, I can attest that there is a legal way to get out of paying income taxes. It's called being self-employed (along with extremely creative). Business expenses and re-investments become legitimate write-offs. Balancing profit with costs, re-investment, and depreciation equals zero net income which equals zero taxes owed.
Hey, don't knock it offhand. First, these guys pay for it in interest rates, let me tell ya. Second, small business is what really keeps the American economy moving, so the government provides enough loopholes to stimulate people into taking the risks in order to acheive the rewards.
While that may not be the actual case here, I also don't have a lot of trust in Dezign's intelligence in these matters so I will reserve judgement.
He is self-employed, and inredible smart/creative.
Peace,
Dezign
Originally posted by: bolido2000
Originally posted by: Dezign
Originally posted by: Cuda1447
Originally posted by: Dezign
Originally posted by: Millennium
Oh BTW, you realize if you turn him in your are entitled to a certain percentage of the backtaxes he owes.
:Q:Q:Q:Q:Q:Q
Whoa. Wasn't aware of that. How does that work?
Peace,
Dezign
Don't even do it. You may not agree with him, still don't turn him in. If he is your true friend, then just let him be, or perhaps mention something to him. If you turn him in for the reward you are just as greedy as him.
On a side note: If by chance he is doing this legally, then I admire him and commend him. Nice work shady fella.
He's a new friend. I've known him for about a month now.
Peace,
Dezign
Sure he wasn't drunk or stoned?
If he is smart enough to pull this off he is smart enough to not tell something that can get him in jail to someone he has just known.
Originally posted by: Skoorb
Well either he's breaking the law or isn't. If you really want to do the right thing you can call the IRS, or otherwise let him ride on the backs of those with less money. Your call!Originally posted by: Dezign
Originally posted by: Vic
Agreed.Originally posted by: NightTime003
obvious troll...
btw, as a current mortgage loan officer and former underwriter who has looked at literally thousands and thousands of tax returns, I can attest that there is a legal way to get out of paying income taxes. It's called being self-employed (along with extremely creative). Business expenses and re-investments become legitimate write-offs. Balancing profit with costs, re-investment, and depreciation equals zero net income which equals zero taxes owed.
Hey, don't knock it offhand. First, these guys pay for it in interest rates, let me tell ya. Second, small business is what really keeps the American economy moving, so the government provides enough loopholes to stimulate people into taking the risks in order to acheive the rewards.
While that may not be the actual case here, I also don't have a lot of trust in Dezign's intelligence in these matters so I will reserve judgement.
He is self-employed, and inredible smart/creative.
Peace,
Dezign
Originally posted by: Dezign
Originally posted by: kranky
I see no problem with turning the guy in for the 10%. He seems to enjoy the fruits of free enterprise, he shouldn't be surprised when someone else does the same. He knows he's cheating and apparently he's OK with you and everyone else paying taxes to make up for him.
Keep in mind that the the more information you can provide to the IRS, the more the reward. In other words, you can't just turn in a list of 10,000 people and if you made a lucky guess you get the money. You have to give them enough information to give them a reason to investigate.
Would carrying a recording device on me and instigating further conversation on the topic be considered entrapment? I wouldn't imagine that'd be permissable in a court of law.
Peace,
Dezign
Originally posted by: Millennium
Originally posted by: Dezign
Originally posted by: kranky
I see no problem with turning the guy in for the 10%. He seems to enjoy the fruits of free enterprise, he shouldn't be surprised when someone else does the same. He knows he's cheating and apparently he's OK with you and everyone else paying taxes to make up for him.
Keep in mind that the the more information you can provide to the IRS, the more the reward. In other words, you can't just turn in a list of 10,000 people and if you made a lucky guess you get the money. You have to give them enough information to give them a reason to investigate.
Would carrying a recording device on me and instigating further conversation on the topic be considered entrapment? I wouldn't imagine that'd be permissable in a court of law.
Peace,
Dezign
Entrapment is a justication defense when a defendant is deceived into wrongdoing. This only works if a defendant who is not predisposed to committ a crime is enticed or coerced into committing a crime that they normally would not do. Entrapment has NOTHING to do with your friend's case.
Oh well.I'm definitely one of those with less money. *sigh* I just wouldn't want it to get traced back to me... he has some very influential friends.
Peace,
Dezign
(800) TAX-FORM
Originally posted by: Evadman
ya, there is this big loop hole that sais if you disagree with the gov, you do not have to pay taxes.