Message:

<p>[QUOTE=&quot;Jim Dale, post: 7416462, member: 100459&quot;]One thing that few know about is that the IRS and State Revenue Departments will spend a $100 to catch a $1 debt.&nbsp; It doesn&#039;t sound right, but they want us to be afraid to hide income, because they will catch you if they see even an effort not to report a $1 of income.</p><p>I was a very poor college student, married with 2 children in 1973.&nbsp; My children were in a day care because my wife had to work to support me while I was in college.&nbsp; I had been honest in doing my taxes for many years.&nbsp; Well, in 1975, I got the dreaded malila envelope saying I had my tax return reviewed and that my deduction for child care was disallowed because to deduct child care both parents have to be gainfully employed.&nbsp; Although my wife was working a full time job, I was in school and was only working part-time.&nbsp; I was told that because I was only working part time, I did not qualify to have child care.&nbsp; I appealed, but lost.&nbsp; I had to pay another $600 in taxes.&nbsp; The next taxable year, full time college students qualified for child care.&nbsp; Now, that tells you how close they look at your returns and now, with computers, they are even more fastidious tax auditors are, especially if a president is giving away trillions of dollars.&nbsp; I have to pay about $3K each year in taxes.&nbsp; I am so thankful for the EIPs.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in