It gets worse from there. Basically you have to hire a CPA Priest and a tax atty if you work for yourself or own a small company, no matter how much you make. And if you piss them off they will sic the dept of labor and any agency related to your field on you to make you pay more fees to their connected attys. Either way you pay. Easier to pay the attys. Note, who writes the laws???
I once made t-mobile send me years worth of collection notice for 1.32 cents bill for a pay as you go phone. I tried telling them it was their mistake as it was a pay as you go not a contract. It had to be almost 100 dollars in Stamps. Before they just stopped.
Of course you pay tax on interest. Those interest payments are Federal Income. You pay a tax on all Federal Income and that tax is called the Federal Income Tax. It's not controversial.
It gets worse from there. Basically you have to hire a CPA Priest and a tax atty if you work for yourself or own a small company, no matter how much you make. And if you piss them off they will sic the dept of labor and any agency related to your field on you to make you pay more fees to their connected attys. Either way you pay. Easier to pay the attys. Note, who writes the laws???
Did you know how many costly hours IRS spends to recover $4.56 that you underpaid? Do you know who pays for that?
Capital gains ....
I once made t-mobile send me years worth of collection notice for 1.32 cents bill for a pay as you go phone. I tried telling them it was their mistake as it was a pay as you go not a contract. It had to be almost 100 dollars in Stamps. Before they just stopped.
(((usury)))
Of course you pay tax on interest. Those interest payments are Federal Income. You pay a tax on all Federal Income and that tax is called the Federal Income Tax. It's not controversial.
Usery is highly controversial in certain circles. Just not among slave sheeple.