大咖福利影院

mugtech wrote:

In other tax protest news, a brothel owner in Salzburg claims he pays too much taxes, decided to protest by offering free entrance, drinks and sex the entire summer.聽 Hermann Mueller owns 4 other brothels in Austria and Germany, said he will continue to pay his prostitutes up to 10,000 euros a month in compensation.

More money than brains.

cccmedia wrote:

Not the first time Rand Paul, R-KY, has advocated this.

Any flat tax would provide huge tax cuts to the wealthy and raise taxes substantially on middle class citizens. (thinkprogress.org)

Flat Tax has been the crying call of the Republican Party for some time, or at least a decent amount of Republicans. Will have to take a look at that link a little later ccc. Flat Tax probably isn't the way to go, but it does seem like there has to be something to reform the system a bit. Perhaps nothing too drastic, but rather a few changes, and tweaks. Maybe it's just me, but the current tax codes just don't seem to be that effective, or efficient.

j600rr wrote:

cccmedia wrote:

Not the first time Rand Paul, R-KY, has advocated this.

Any flat tax would provide huge tax cuts to the wealthy and raise taxes substantially on middle class citizens. (thinkprogress.org)

Flat Tax has been the crying call of the Republican Party for some time, or at least a decent amount of Republicans. Will have to take a look at that link a little later ccc. Flat Tax probably isn't the way to go, but it does seem like there has to be something to reform the system a bit. Perhaps nothing too drastic, but rather a few changes, and tweaks. Maybe it's just me, but the current tax codes just don't seem to be that effective, or efficient.

You think 70,000+ pages of federal US tax code needs to be 'tweaked'? How many more pages might that add?

I think it's pretty obvious to anyone who is not a member of Congress that the entire encyclopedic comic book of tax law needs to be scrapped completely, and revisited.

Rest assured, this will never happen in your lifetime.

Carry on -

gardener1 wrote:

Rand Paul has has long and publicly denounced FATCA. But I'm afraid that genie cannot be stuffed back in the bottle now.

Still I may register to vote next year. He's got his mojo going.

Sen. Rand Paul to sue IRS, U.S. Treasury

He also seems to really p***聽 the older republican politicians who are all hell bent on keeping the status quo, and maintaining archaic policies. He p*** a lot of democrats also. Hell, I'd vote for him just because anyone that can manage to p** both parties off so much can't be all that bad.

mugtech wrote:

, Rand Paul can be seen burning, chain sawing and wood chipping the 70,000 pages of the code on his website.

What if he does get elected????????Think how that would play as a campaign promise

mugtech wrote:

New tax law today concerning when partnership and C-Corp tax returns are due and how long an extension they can obtain.聽 Expats are affected by the changes for the FinCEN form 114 effective for the 2016 tax year.聽 The form will be due 4/15/17, but an extension is available of 6 months, the extended due date being 10/15/17.聽 For the 2015 tax year the form will be due 6/30/16 will no extensions available.

Just read an update on the FINCEN form 114 due date changes.聽 The new due date, according to Accounting Today, is for 2015, so the FBAR form will be due on 4/15/16, with an extension available until 10/15/16. So the last line above is incorrect.

DorothyPeck wrote:

Hope you've paid your taxes and/or have some way to make sure mail from the IRS reaches you. This just in from the Wall Street Journal: [img align=Pay Taxes or Lose Passport]http://www.wsj.com/articles/americans-pay-your-taxes-or-lose-your-passport-1447971424?mod=trending_now_2[/url]

"Congress is poised to enact a law denying or revoking passports for U.S. citizens who haven鈥檛 paid their taxes.

Under a new law expected to take effect in January, the State Department will block Americans with 鈥渟eriously delinquent鈥� tax debt from receiving new passports and will be allowed to rescind existing passports of people who fall into that category. The list of affected taxpayers will be compiled by the Internal Revenue Service using a threshold of $50,000 of unpaid federal taxes, including penalties and interest, which would be adjusted for inflation.

The rule has been passed in similar versions by both the House of Representatives and the Senate. It is part of a highway-funding bill, H.R. 22, that is now before a conference committee. Congress is expected to pass it in early December.

In most cases, the passport provision would apply if a taxpayer is subject to a lien, which advises creditors of a debt to the IRS, or a levy, which gives the IRS the authority to seize assets. It wouldn鈥檛 apply if a taxpayer is in the process of resolving tax debt with the IRS, such as by paying it on an installment plan, or if the taxpayer is contesting the collection either administratively or in court, said David Kautter, a partner at the accounting firm RSM in Washington.

However, the State Department could issue a passport in an emergency or for 鈥渉umanitarian reasons.鈥� Neither the State Department or Treasury Department would comment while the legislation is pending.

If enacted in current form, the law would take effect on Jan. 1 and would apply to existing tax debts. According to estimates by the Joint Committee on Taxation, the measure is expected to raise $398 million over 10 years.

鈥淚f this bill becomes law, it will be imperative for Americans traveling abroad or living abroad to pay attention to IRS notices鈥攁ssuming they receive them,鈥� said Mr. Kautter.

It鈥檚 unclear how many people would be affected. The provision鈥檚 most vocal critics are advocates for the some 7 million U.S. citizens living overseas, who need their passports for many purposes, including for work visas or residency permits, and who may not be receiving mail from the IRS.

鈥淎mericans abroad need their passports for many routine activities of daily life, such as banking, registering in a hotel, or registering a child for school, and mistakes could be disastrous,鈥� said Charles Bruce, an American lawyer with Bonnard Lawson in Lausanne, Switzerland, who advises American Citizens Abroad, an expatriate group.

Mr. Bruce noted that a report issued in September by the Treasury Inspector General for Tax Administration, or Tigta, a watchdog agency, found that the IRS sent 855,000 notices to U.S. citizens abroad in 2014. According to the report, 鈥淚RS data systems aren鈥檛 designed to accommodate the different styles of international addresses, which can cause notices to be undeliverable.鈥�

The Tigta report said that 鈥渃urrent IRS processes for addressing international mail issues are ineffective or nonexistent.鈥� In response, the IRS said that Tigta鈥檚 recommendations wouldn鈥檛 overcome the agency鈥檚 鈥渂udgetary, statutory, and operational constraints.鈥�

Many overseas people do best to give the IRS a USA address and then have the mail forwarded or have someone email the contents for faster results.

cccmedia wrote:

It would seem to make sense for the IRS to promote the idea of Expats giving the agency an email address.

That would correct for the problems of lost overseas mail .. problems delivering mail to some addresses ..聽 Expats missing mail due to travel and movement to other locations/countries .. and delays in receiving messages abroad due to the slowness of snail-mail.

cccmedia in Quito

I agree, but the scams that have been run have included people getting emails from the fake IRS, and the IRS proclaiming that they do not send notices that way.聽 Would be a big change and open more scam doors.聽 The best thing people in聽 the USA can do to resolve a questionable IRS communication is to take it to the local office.聽 Since overseas folks cannot do that, snail mail will have to do.

MGLuke wrote:

I then called the Portland police and they told me...聽 They could do nothing and I should report them to the IRS.

And this is why the scams will continue.聽 If there's no penalty for criminal activity, no downside, too many unscrupulous people think "Why not?聽 It's just a bunch of rich Americans!"

OsageArcher wrote:

MGLuke wrote:

I then called the Portland police and they told me...聽 They could do nothing and I should report them to the IRS.

And this is why the scams will continue.聽 If there's no penalty for criminal activity, no downside, too many unscrupulous people think "Why not?聽 It's just a bunch of rich Americans!"

The IRS claims they want such information, but a small percentage actually follow up, and many calls come from outside the USA.聽 Just gotta educate everyone, the elderly are the biggest target.

j600rr wrote:

Regarding the last several posts, and phone calls. Why would you answer the phone from some unknown caller? Maybe this is just a difference in age groups, but with being able to pretty much know who is always calling, don't you just hang up, or ignore an unknown caller? That's what I do. Don't know, maybe that's considered rude, but if it's someone I don't know then don't really need to talk to them.

Guess not everyone can afford Caller ID.