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<p>[QUOTE="krispy, post: 1347757, member: 19065"]Paying for the correct information upfront by far outweighs paying through the nose later if you should get this wrong because of having decided to rely on approximate information gleaned from unknown sources of no known authority over the internet. Picking a knowledgeable and appropriate attorney or tax professional is one's responsibility because you want to pay for someone to get the job done right. IF you come to deal with an uncomfortable audit or steep tax bill later, you'll very likely get to pay the attorneys and/or CPAs anyway if you didn't employ them from the start. At such a time as that, you'll grumble at getting to pay them even more to help rectify your decision of having risked your filing on less than certain answers. <u>Answers that left you with no recourse because you threw away the option by not hiring a tax professional to do this correctly</u>. If the hired professional were to make a mistake in your filing it would leave you with someone to hold accountable. Those unknown sources online lending you a friendly hand have nothing to be liable for, but you would. Just saying, the cheap route (and perhaps even this distrust of professionals) is perhaps more of a gamble and could result in greater pain in the long run. </p><p><br /></p><p>I think all the readers here will be interested to hear if you DO end up finding a buyer who pays in bullion, in full or in some large part for completing this potential transaction. It's also worth advising caution in advertising the idea of this form of payment too publicly in your car-for-sale listing with any personal information that leads back to you later. What I mean is, it presents a certain degree of risk to have the idea out there exposing you as a holder of a large amount of precious metals. You don't want to be a target once you have the bullion should ill-doers think you might have it or more of it laying around for the taking. I urge this caution no matter your level of personal security apparatus you could already have in place, because many are want to declare they're covered when reminded of such risks but saftey is often just an illusion we have created for ourselves. Just be smart and be safe out there.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 1347757, member: 19065"]Paying for the correct information upfront by far outweighs paying through the nose later if you should get this wrong because of having decided to rely on approximate information gleaned from unknown sources of no known authority over the internet. Picking a knowledgeable and appropriate attorney or tax professional is one's responsibility because you want to pay for someone to get the job done right. IF you come to deal with an uncomfortable audit or steep tax bill later, you'll very likely get to pay the attorneys and/or CPAs anyway if you didn't employ them from the start. At such a time as that, you'll grumble at getting to pay them even more to help rectify your decision of having risked your filing on less than certain answers. [U]Answers that left you with no recourse because you threw away the option by not hiring a tax professional to do this correctly[/U]. If the hired professional were to make a mistake in your filing it would leave you with someone to hold accountable. Those unknown sources online lending you a friendly hand have nothing to be liable for, but you would. Just saying, the cheap route (and perhaps even this distrust of professionals) is perhaps more of a gamble and could result in greater pain in the long run. I think all the readers here will be interested to hear if you DO end up finding a buyer who pays in bullion, in full or in some large part for completing this potential transaction. It's also worth advising caution in advertising the idea of this form of payment too publicly in your car-for-sale listing with any personal information that leads back to you later. What I mean is, it presents a certain degree of risk to have the idea out there exposing you as a holder of a large amount of precious metals. You don't want to be a target once you have the bullion should ill-doers think you might have it or more of it laying around for the taking. I urge this caution no matter your level of personal security apparatus you could already have in place, because many are want to declare they're covered when reminded of such risks but saftey is often just an illusion we have created for ourselves. Just be smart and be safe out there.[/QUOTE]
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