Like, if its collapsed, do I file? Do I even have to?
I am most certainly going to pay my state tax, but then what? What about stuff like my social security funds?
(I am asking for others because we’re at that point now I suppose)
Like, if its collapsed, do I file? Do I even have to?
I am most certainly going to pay my state tax, but then what? What about stuff like my social security funds?
(I am asking for others because we’re at that point now I suppose)
They won’t. This whole thing is undermining the IRS. They don’t have the manpower they won’t have the budget. Tax cuts for the rich also equals cuts to go after them. It’s a free for all now
They can’t go over the people with a 300 page tax return that uses past paper losses to cover any actual income. They already automated enforcement of w2 based income.
They don’t have the manpower to go after everyone, but you never need to.
You make an example out of 1.000 people nation wide, and most people wouldn’t dare to not pay.