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Replying to @HMRCcustomers
I worked 2 jobs last year up until march 2026. However, the personal allowance was wrongly allocated. My main job received less personal allowance while my 2nd job received more. My taxcode is currently 389T on my only job, meaning I'm paying more tax. Pls rectify this. Thanks
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And yet curiously, the measures they announce like today's and the no tax on overtime nonsense will increase the complexity of the taxcode, and raising the VAT threshold will just make cliff edges more significant.
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Replying to @ewarren
That jealous whining hurts my ears. Btw, in your 13 years in the Senate, what have you done to change the tax code you fake-complain about? The same taxcode benefitting your megadonors Fred Eychaner, tech executive Sam Altman, and prominent venture capitalist Karla Jurvetson.
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Replying to @SenWarren
Close the loopholes in the taxcode and trillionaires will pay millions in taxes. But you won't because you'll lose your donations. Please just shut the fuck up.
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Replying to @RepSaraJacobs
Crying Congress on Elon's fortune THEY helped create through Grants, Subsidies, low interest loans for🄬Scams. āž•US Taxcode & ability for ANYONE to start a biz & issue STOCK at 3000x Forward PE & Stockmkt is casino of choice! NEXT, Sara learns Pelosi trick & gets her share
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The tax code needs a major overhaul. 7 brackets is not enough! Should go in increments of 10k, so that if you make 100 mil a year your taxed at an increase every 10k. Those at the low should not be paying near those at the high end. Its rigged šŸ’Æāš–ļø #socialsecurity #taxcode
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Replying to @CNBC
Well then, FIX THE TAXCODE! It's 75,000 pages. Here's a thought. Flat Tax. No loopholes. Everyone pays.
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Replying to @AlanLFC1987
Hi Alan, HMRC normally contacts you within 28 working days of the form being processed to confirm the result. You should receive a letter (often a P800 calculation) or an update in your Personal Tax Account explaining if a refund is due or if your taxcode has been changed, Shoaib
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IRS Issues Proposed Regs on 1099 Reporting Thresholds, Wagering Loss Limitation "The IRS issued proposed regulations under Code Secs. 6041 and 6041A relating to the increased threshold for reporting payments made in the course of a trade or business under the One Big Beautiful Bill Act (OBBBA) (Pub. L. 119-21) and the corresponding backup withholding regulations under Code Sec. 3406. The proposed regulations also update the regulations under Code Sec. 165 to reflect the 90 percent limitation on wagering losses enacted by the OBBBA. REG-113229-25." parkertaxpublishing.com/publ… #IRSRegulations #TaxLaw #1099Reporting #TaxCompliance #BusinessTaxes #TaxUpdates #TaxCode #BackupWithholding #WageringLoss
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Apr 26
you don't understand the taxcode, son... landlord can depreciate the place into oblivion and still make bank.
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Replying to @johnloeber
Itā€˜s not hard to notice at all, the boiling frog is a myth after all and the leading party in all the polls is one that literally did not exist when you lived here and is gearing up to win elections precisely because of this issue. You’re extraordinarily perceptive and yet just touching the surface layer. Wouldn’t be possible to imagine the kinds of things that you experience here. Like when I moved tona different part of town and my mom came over for Christmas and after getting threatening looks and nearly spit at I had to explain to her that in this neighborhood you don’t just wish little kids a Merry Christmas because their parents might hit you if you do. Cultural reference points require a shared culture and in many social situations the majority of the people around you will not have attended a German School and just blank out when you quote Goethe or Schiller or even Ringelnatz. Many would probably spell it ā€žchillaā€œ if they wondered in a text to their friends who you were talking about. The Buildings (mostly) still stand and the institutions are going through the motions but just ask people at the Finanzamt how youā€˜d deal with people who couldn’t even read the taxcode if they knew about the need to file their taxes. The court system was build on the assumption that most parties to a case would not requite translation and that you can just hire a translator for the odd foreigner that does. Now the Stau in the legal system is worse than on the Autobahn and reformers are pushing a move towards english which obviously would require a rewrite of all existing laws (ainā€˜t gonna happen) or result in even more chaos. Problem is, outside of some parts of Berlin most of these people who are functionally illiterate in German fare even worse in their english competency. You could just as well adopt Esperanto. It’s utterly Babylonian and self-inflicted and I have no clue if it can even still be repaired.
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Funds Received to Boost Production Were Income, Not Contributions to Capital "The Tax Court held that funds received by a manufacturer from a company looking to help the manufacturer increase its production capacity of items that company was selling was income to the manufacturer and not a nontaxable contribution to capital under Code Sec. 118 as the manufacturer argued." #TaxLaw #Manufacturing #BusinessIncome #TaxCourt #ProductionBoost #CapitalContributions #TaxCode #IncomeTax #BusinessFinance parkertaxpublishing.com/publ…
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Another Circuit Rejects the Tax Court's Position on Collecting Sec. 6038 Penalties "In a case of first impression, the Second Circuit vacated the Tax Court's judgment and held that, when a taxpayer fails to report control of a foreign business, the IRS may collect penalties under Code Sec. 6038(b) through administrative assessment rather than obtaining a judgment in federal district court as the Tax Court had ruled." parkertaxpublishing.com/publ… #TaxLaw #TaxPenalties #IRSCompliance #ForeignBusiness #TaxCourt #TaxCode #FinanceLaw #TaxpayerRights #TaxRegulations
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#1776 would puke if they saw our #taxcode - what a disgrace. #exemptions for the privileged #hassle for the common folks it's time to end the #endless
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IRS Secret Definition for "trade or business" See the full show that this clip comes from at: youtube.com/watch?v=480rjiwq… Sign up for the entire free Contract Killer Course at: onestupidfuck.com/contractki… Ever wondered what 'trade or business' really means in the tax code? It's not what you think. The definition actually points specifically to the functions of a public office. It's a key distinction that changes everything. #TaxLaw #PublicOffice #TaxCode #BusinessDefinition #LegalInsights
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IRS Secret Definition for "trade or business" See the full show that this clip comes from at: youtube.com/watch?v=480rjiwq… Sign up for the entire free Contract Killer Course at: onestupidfuck.com/contractki… Ever wondered what 'trade or business' really means in the tax code? It's not what you think. The definition actually points specifically to the functions of a public office. It's a key distinction that changes everything. #TaxLaw #PublicOffice #TaxCode #BusinessDefinition #LegalInsights
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Christopher Guilford, of California, was sentenced to four years and three months in federal prison for filing nine fraudulent tax returns, including one that brought him a $1.17M refund. āž”ļølinkedin.com/pulse/californi… #IRSCI #WhatWeDoCounts #FollowTheMoney #TaxCode
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Take action! SB 84 implements @GovNedLamont's budget through wide ranging tax and revenue changes. Frequent tax code changes and retroactive adjustments reduce predictability for families and employers. Tell your lawmaker to VOTE NO! votervoice.net/YankeeInstitu… #taxes #taxcode
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me and my taxcode and iced na may konting kape against the world tonight.
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The average Dutch person pays 70% of expenses to taxes. 5% of that money goes to war. But if the taxcode changes bc the old system taxed you on an illogically assumed annual return people want to move somewhere else šŸ¤·ā€ā™‚ļøšŸ¤¦ā€ā™‚ļø please dont move that mindset in my direction, thank you.
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