IRS delays $600 reporting requirement

[69 Post Sedan]

Originally Posted by RamAirBirds

Also BIG Corporations as mentioned before all have the best Lawyers and Accountants and all play within the Tax Code.

And right here IS the problem that needs to be resolved……

For example, we know of companies/organizations that pay little to no taxes due to misleading/false information on their taxes. They exaggerate on their assets to get loans yet lie about the value of assets to pay less in taxes. Our government needs to put a stop to this!!! Or make them held accountable! Corporate welfare is killing this country, not some measly $600 transaction.

Hopefully some of the new hires will be working on this never ending battle. I’m staying optimistic……..

Kurt