Thread: Tax preparation
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Old 01-29-2025, 09:29 AM
biker1 biker1 is offline
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They might not know all the numbers. For example, if you do a Schedule C, they won’t know all the numbers. You might be audited because they don’t believe the numbers you provided. For many people, including myself, they actually do know all the numbers and can, in theory, do as you suggest and then I can skip buying tax prep software and plugging in, or downloading, all the numbers they already have.

Quote:
Originally Posted by PersonOfInterest View Post
Every year we prepare our Taxes to tell the IRS how much we made and therefore how much we owe. If the IRS disagrees they audit you to tell you how much you 'Really' made and how much you 'Really' owe. Since they know the real numbers why don't they just send everyone a 'Tax Bill' every year and end the yearly nonsense of filing a tax return?

Last edited by biker1; 01-29-2025 at 09:53 AM.