Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Repeal voted on and Passed.
>
Reply to Thread
Message:
<p>[QUOTE="krispy, post: 1118630, member: 19065"]Why and who are the "we" you are referring to? W2s and other 1099 type forms are reported to the IRS and can be auto filled in your tax software, then e-filed. How hard can this be?</p><p><br /></p><p>I see no reason why if there is to be a change in reporting such transactions that a new system to streamline this also cannot be devised. How much better to implement it than to make it simple rather than tedious. As I keep suggesting, a digital tracking system paired with unique identification seems all that's necessary to keep track of the data.</p><p><br /></p><p>It really doesn't seem any more difficult or cumbersome of a process than when someone tenders a tax exemption ID number, for instance when an teacher/educator buys a book from a retailer for business/educational use thus avoiding sales tax. It's just an additional step in the process of reporting the transaction and so will be this if it comes to be. I guess some folks are just slow to adjust to changes in procedures as well as being adverse to paying taxes.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 1118630, member: 19065"]Why and who are the "we" you are referring to? W2s and other 1099 type forms are reported to the IRS and can be auto filled in your tax software, then e-filed. How hard can this be? I see no reason why if there is to be a change in reporting such transactions that a new system to streamline this also cannot be devised. How much better to implement it than to make it simple rather than tedious. As I keep suggesting, a digital tracking system paired with unique identification seems all that's necessary to keep track of the data. It really doesn't seem any more difficult or cumbersome of a process than when someone tenders a tax exemption ID number, for instance when an teacher/educator buys a book from a retailer for business/educational use thus avoiding sales tax. It's just an additional step in the process of reporting the transaction and so will be this if it comes to be. I guess some folks are just slow to adjust to changes in procedures as well as being adverse to paying taxes.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Repeal voted on and Passed.
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...