Discover and read the best of Twitter Threads about #irs

Most recents (24)

THREAD🧵Many of the corruption allegations swirling around President Biden have been around for years, dating back to his son #HunterBiden’s early trips to #China with him on Air Force Two.

But recently, a flood of new information has come to light.…
This includes allegations from 2 separate whistleblowers—one with the #IRS involving the #HunterBiden criminal probe and another who’s alleging corruption and potential bribes on the part of Joe Biden.

There are also allegations from Rep. @JamesComer regarding flows of foreign……
New Ukraine Revelation

On April 16, 2014, then-Vice President Biden met at the White House with #HunterBiden’s business partner, Devon Archer. Although it isn’t known what was discussed at that meeting, it appeared to have set many events in motion.

One week later, on April 21,…… Image
Read 14 tweets
📣 Thread on the recent debt ceiling deal between President Biden and Speaker Kevin McCarthy. The agreement brings new details to light. Do you agree or disagree with the deal? Here's a non-biased breakdown of the key components. 👇 #DebtCeiling #Biden #McCarthy Image
The cornerstone of the agreement is a two-year suspension of the debt ceiling, allowing the government to continue borrowing and pay its bills on time, if Congress passes the agreement by June 5th. #DebtCeiling #Congress Image
In exchange for suspending the limit, Republicans demanded policy concessions from Mr. Biden, such as limits on federal discretionary spending growth and new work requirements for certain food stamps and Temporary Aid for Needy Families program recipients. #PolicyChanges Image
Read 14 tweets
Euer #Trump hat im Auftrag der #Republicans eine Erpressung in #Deutschland (Europa) mit #FBI #CIA am laufen. #Biden steckt auch mit drin + grosse Teile der #Democrats auch. Diese sogenannte #TrumanShow läuft jetzt fast drei Jahre. Ich hoffe sehr, dass #RFKJr2024 nicht dabei ist.
2) die #TrumanShow in Bayern ist abgesagt. Sie heissen jetzt #Robinhood . Die selbst ernannten #Eliten bezahlen für das, was sie wollen und zwar Millionen. Egal, ob #Adel #Rep #Dem #Royalty damit ich es für ärmere Menschen preiswert liefern kann. Bedankt Euch bei #CIA #FBI 3)
3) die Geschäftemacherei des #RedCross und der #Johanniter (Dörnyei) ist vorbei. Und fühlen sie Caroline #Kennedy auf den Zahn, inwieweit sie gegen ihren Bruder arbeitet. Das ist nur ein Gerücht. Prüfen Sie es.
Read 10 tweets
America is a world leader in allowing private companies to levy taxes on its citizens, including (stay with me here), *a tax on paying your taxes*.

1/ A vintage drawing of Uncle ...
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on, my surveillance-free, ad-free, tracker-free blog:…

In most of the world, tax authorities prepare everyone's returns, sending a form with all their tax details - collected from employers and other regulated entities, like pension funds and commodities brokers, who must report income to the tax office.

Read 43 tweets
1/12 Unraveling the IRS Administrative Priority Claim in the #FTX bankruptcy case: how this impacts the restructuring process in a case involving massive fraud.

Writing this because I'm seeing a lot of bad takes that are likely confusing a lot of creditors.

2/12 In the FTX case, with allegations of massive fraud, the IRS claim becomes a critical component of the plan of reorganization.

This claim, due to its priority, can significantly shape the debtor's restructuring roadmap.

That means things will take longer. 🕕

But why?
3/12 Typically, a significant portion of the IRS claim is settled quickly. However, with massive fraud, the landscape changes drastically.

The IRS may take a stricter stance to deter fraudulent activities.

Sound familiar to other US agency tactics with crypto?

Read 12 tweets
Auditors lubricate capitalism, keeping finance's gears smoothly a-whirl, so investors can move money in and out of companies without poring over their books or walking their facilities. Without auditors, capitalism's gears would grind to dust:…

1/ Two business-suited male fi...
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on, my surveillance-free, ad-free, tracker-free blog:…

Unfortunately for capitalism, auditing is irredeemably broken. The Big Four auditors (#PWC, #EY, #Deloitte and #KPMG) have merged to monopoly, becoming #TooBigToFail and #TooBigToJail.

Read 34 tweets
These tags & last thread of interest not just to #familyCourtReform people or #DVsurvivors but also as earlier today, re: #JeffSkoll #eBay #SVCF #SVB (banks & big tech VCS) #MegWhitman #Omidyar (Who owns/runs major media & tech platform issues), Immediately prev thread contxt
My 2018 Exposes, HowTo, Drilldowns etc. We s/n be afraid to tangle with big-bucks Forms990 (I did Tides & SFVC AND their supporting/related orgs). Usually I include internal links to related topics too.
Just now I am again in housing transition (a.k.a. Homeless) as I was in 2018, but at least not in California. #FiduciaryAbuse directly involved which I have to face & handle, while in this condition. Yes, it’s intimidating, as intended to be. It’s a control tactic.
Read 24 tweets
Every year, Americans spend billions on #TaxPrep services, paying a heavily concentrated industry of giant, wildly profitable firms to send the #IRS information it already has. 1/ An ogrish, tophatted, cigar-chomping giant holds the US Capi
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on, my surveillance-free, ad-free, tracker-free blog:… 2/
Despite the fact that most other rich countries have a far more efficient process, many Americans believe that adopting this process here is either impossible, immoral, or both. 3/
Read 39 tweets
Have you heard of @ipor_io, a new protocol bringing Interest Rate Swaps (#IRS) on-chain?

Let's explore the $450T IRS market and the opportunities for #hedging, #arbitrage, and #speculation!

What are Interest Rate Swaps (IRS)?

Simply put, it allows two parties to exchange the cash flows of one party’s fixed-rate loan for the other party’s floating-rate loan.
@ipor_io brings IRS on-chain through its three innovative products: IPOR Index, IPOR AMM, and Asset Management.
The IPOR Index reflects benchmark interest rates in DeFi and is freely available for integration into smart contracts.
Read 8 tweets
Tough negotiations in Congress that ended with Kevin McCarthy becoming House Speaker have led to a series of compromises, including 7 conservative bills that are guaranteed to be put to a vote.👇…
@SpeakerMcCarthy had to make numerous concessions to win over a holdout group of populist Republicans, including one that gives him a fragile grip on power by allowing just one member to move to vacate the speaker’s chair.…
The rocky road to the gavel led to a compromise on a rules package, which includes 7 bills that the 20 holdout Republicans pushed for.

“This is what we’ve been fighting for,” @RepMattGaetz said.
Read 9 tweets
I just learned @HouseGOP's first initiative may be to protect tax cheats by trying to rescind last year’s investment in IRS modernization. On what sane ground can they object to restoring audit rates for millionaires when they have fallen by ~80% in the last decade? @IRSnews #IRS
Why isn’t giving the IRS money to answer the phones, use 21st century technology, and collect taxes from cheaters appealing to all but deadbeats? Does today’s Republican Party really believe too much effort goes into collecting taxes from families like the Trumps?
There will always be unethical people, ideas and acts. What makes all significant ethical failures happen in public and private life is that people who know better won’t rock the boat, and acquiesce. House Republicans know better, and I hope they vote accordingly.
Read 3 tweets
I am getting a lot of questions on the audit / audits of Donald Trump’s taxes so this is a 🧵 on what my colleagues and I know. First off, Trump was facing two I.R.S audits that we know about when he was in the White House.
The first audit started in 2009. It was over the legitimacy of a $72.9 million refund Donald Trump got that year. There’s a lot of detail on this audit in our 2020 investigation into his taxes.…
An adverse ruling in this audit could cost Donald Trump more than $100 million. I have a lot of questions about this old audit, chiefly why did it drag on for so long and what is the status of it? #IRS
Read 9 tweets
As the year winds down, here's a shoutout to these #CivilService officers who pioneered some amazing initiatives to make India better. We hope such examples inspire many more. ⁠

#UPSC #IAS #IPS #IFS #IRS #Governance #BestOf2022 #YearEnder
Read 10 tweets
L’heure du @RevoTips ➡️ Le guide @RevoAvocats du contrôle fiscal en matière de #cryptos 📓 (Part 1)

Quels sont les éléments déclencheurs d’un contrôle #fiscal spécifiques au secteur crypto ?

(1 / )
A partir de cette semaine nous allons publier une série de threads sur le sujet du contrôle fiscal en matière de cryptos.

Cette semaine, on vous parle des éléments qui peuvent inciter l’administration fiscale à déclencher un contrôle fiscal. 🤔
Chiffres clés du contrôle fiscal pour 2021 :

➡️10,7 milliards d’€ encaissés, pour 13,4 milliards d’€ de droits mis en recouvrement

➡️Renforcement du ciblage via #datamining 👨🏻‍💻 👉 à l’origine de 45 % de contrôles contre 32,49 % en 2020
Read 17 tweets
On the issue of the 87,000 new #IRS agents to be hired to audit everyday Americans…Why is it that foreign investors into American companies (public and private) PAY NO CAPITAL GAINS TAX WHATSOEVER. When a Saudi Arabian Sheikh or a Chinese billionaire trades stocks or invests 1/4
In Uber, or Apple, or Space-X…they mint billions and go home without ever paying a single US tax dollar. Something is horribly wrong with a system that taxes, audits,and demands compliance with its own citizens but gives foreign investors a FREE PASS. Imagine the tax revenue 2/4
Just waiting to be harvested by taxing the Saudi Sovereign Wealth Fund, SoftBank, China Investment Corporation,China’s State Administration of Foreign Exchange (SAFE), and many others that are currently enjoying a free ride in our capital markets. It’s time to pay. @LHSummers 3/4
Read 4 tweets
:Creatures of the State. #IRS

-An INDIVIDUAL is one PERSON identified by his or her LEGAL NAME and valid Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN).
In general usage, a human being; BY STATUTE
-however, the term can include firms, labor organizations, partnerships, associations, corporations, legal representatives, trustees, & trustees.........
To label yourself an INDIVIDUAL to participate in the #TaxSystem is absurd

Both Elements MUST exist to be an INDIVIDUAL

You don't need a SS#/ITIN# to make a living
You need them to volunteer to pay taxes!

Its a voluntary system that was setup for Business Entities to pay taxes
Read 6 tweets

Covered topics include: #IRS & crypto tax rules, Capital gains tax explained, crypto tax forms explained, how to reduce crypto taxes👇

source via @cointelli
#cryptocurrency Image
[2/20] In the early days of the #crypto market, when trading was yet to be strictly regulated, many investors were able to avoid paying taxes on their trades. But times have changed. The #IRS is cracking down on crypto taxation, and a growing number of
traders are facing audits
[3/20] The good news is, #crypto taxes don’t have to be as complicated as they sound. This guide walks you through the nitty-gritty on how to report crypto on your next round of taxes. We’ll cover everything from which crypto events are taxable, to how crypto is taxed.
Read 20 tweets
Daily Bookmarks to GAVNet 03/11/2022…
'Bot holiday': Covid disinformation down as social media pivot to Ukraine | Social media | The Guardian…
#COVID19, #DisinformationVolume, #RussiaUkraine, #MediaAttention
Read 13 tweets
Daily Bookmarks to GAVNet 02/11/2022…
Misinformation Is Everywhere, Especially About Past Information - Bloomberg…
#misinformation, #history
Why Smuggled Fossils Are Hurting Paleontology | Science | Smithsonian Magazine…
#SmuggledFossils, #paleontology, #ParachuteScience, #HeritageLaws
Read 20 tweets
🎊Welcome to EMS's regular Friday briefing. Today we're discussing what you all need to know for the upcoming 2022 #taxseason. You can also follow the conversation via FaceBook live @IRSnews
And for help filing and preparing tax returns on, visit the official IRS website.
There will be more help coming beyond what we discuss today, says #IRS Commissioner Chuck Rettig. "It is our intent that filings are as smooth and seamless as possible."
Read 27 tweets
This looks like a church to me. If it is an active church and non-profit, then it's probably violating federal law. Then where is it? What is the address of the place?
Not @bing, @google nor @TinEye have any matches for it. These #theocrats get off with ridicule alone because the location was not added to photo, @cindylocke47.
Were the shoe on the other foot, I'd bet that these #theocrats and their allies would be howling for #IRS enforcement to shut the place down.

Ridicule is not enough to stop them.
Read 3 tweets
Donations are tax deductible as provided by law. At Shriners Hospitals for Children, stewardship is one of our core values. Approximately 80 percent of all funds spent by Shriners Hospitals for Children each year is dedicated to patient care, research and education.
Board Leadership
Chairman CEO
John mccabe
Executive Vice President…
Read 12 tweets
Check out @CenteronBudget’s new (short!) piece on why the tax system needs to be improved. Incomes for the very wealthy have grown substantially but the share of income they pay in taxes has shrunk.

The Biden admin has modest proposals that would help:…
The highest-income 0.01% of tax filers (the top 1 in 10,000) saw their incomes rise on average by 601% in inflation-adjusted terms between 1979 & 2017. Yet from the mid-90’s through 2017, the average share of the income that the top 0.01% paid in federal taxes fell by almost 20%.
Yet from the mid-90’s through 2017, the average share of the income that the top 0.01% paid in federal taxes fell by almost 20%.
Read 12 tweets
Daily Bookmarks to GAVNet 05/17/2021…
Battlestar Galactica Lessons from Ransomware to the Pandemic…

#ransomware #PandemicResponse #LessonsLearned
Female northern elephant seals spend 18 hours a day foraging in deep sea…

#FemaleSeals #foraging #BehaviorTracking
Read 10 tweets

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