OwHay Otay Idehay NcomeIay Romfay Hetay Edsfay: Update-Buying a home and Grant pay saved me

⠝⠕⠏⠑

Veteran
Joined
Feb 12, 2015
Messages
21,950
Reputation
26,505
Daps
116,768
🥸
Soooo I’m planning for tax season now!

Fukk you IRS! What are some ways to reduce taxable income or hide money without doing some Ozark type shyt.:lupe::lupe::lupe:
I know ya’ll 6 figure, 6 certs got some tax loopholes.

I need to reduce my taxable income so I can say fukk u to Sallie Mae and the Feds.

Thanks!

Buying a house now. What else ya’ll got?
HALP!
 

Reflected

.
Bushed
Joined
Oct 4, 2015
Messages
6,360
Reputation
1,637
Daps
21,143
Fukk you IRS
Disappointed. I'm going to keep posting this in response to anti-IRS rhetoric. :ufdup:


Fund the IRS. :troll:
 

GPBear

The Tape Crusader
Joined
Mar 9, 2015
Messages
20,114
Reputation
4,775
Daps
67,443
Reppin
Bay-to-PDX
the lesson is you don't hide it, you just move it off-shore and they won't touch it. they don't care if you don't pay taxes, rich people do it all the time, they just need to know how much you're ripping them off for so they can pass the check down to the lower-class. Ireland's probably your best bet, it's a tax-haven that Apple and them use. or just money launder through the art market. :manny:
 

⠝⠕⠏⠑

Veteran
Joined
Feb 12, 2015
Messages
21,950
Reputation
26,505
Daps
116,768
thread title had me messed up books :pachaha:
One time in high school we went weeks speaking pig Latin. Our teachers were FURIOUS.

:russ::russ:We were such lil a$$holes growing up.

First kid: “eachertay mellsay ikelay heesechay!”

Second: “AYYYYEEE!”
Teacher: :beli:
Man when they got a lil rhythm going with it, shyt was dope.:deadrose:
 

⠝⠕⠏⠑

Veteran
Joined
Feb 12, 2015
Messages
21,950
Reputation
26,505
Daps
116,768
Disappointed. I'm going to keep posting this in response to anti-IRS rhetoric. :ufdup:


Fund the IRS. :troll:
Nah! They already rich!!! Dammit they don’t need our funds! :sadbron::damn:
 

Spectre

Ace Killer OG
Joined
Jul 20, 2015
Messages
4,035
Reputation
1,464
Daps
18,334
The most basic one my slowly getting rich friends do: Make an LLC and start writing off expenses like your car
 

Spectre

Ace Killer OG
Joined
Jul 20, 2015
Messages
4,035
Reputation
1,464
Daps
18,334
I got a lotta those but I gotta find all those receipts. I have bank statements if they ask tho…:lupe:
giphy.webp


I didn't agree with you often but u were the type to always stand your ground

Be careful out there
 

Reflected

.
Bushed
Joined
Oct 4, 2015
Messages
6,360
Reputation
1,637
Daps
21,143
Nah! They already rich!!! Dammit they don’t need our funds! :sadbron::damn:
The IRS is supposed to help us, the 99%. Fund the IRS, spread the word. :ufdup: Few entities provide the level of $$$ on return for our taxes like the IRS currently does and potentially could. Imagine an IRS so stable and funded, a thread like this could lead to audits for our tax fundings. :banderas:


Also, today I learned what pig latin is, so thanks for that.
 

⠝⠕⠏⠑

Veteran
Joined
Feb 12, 2015
Messages
21,950
Reputation
26,505
Daps
116,768

Cliffs

1.) Tweak withholdings
2.) Stash money in 401k
3.) Get an IRA
4.) Save for college (I dunno bout this)
5.) Flex Spending Account (da hell is this)
6.) Health Savings Account
7.) Income Tax Credit (we make too much)
8.)Charitable Donations
9.) Time spending right (me no get this)
 

MR. SNIFLES

**** YOU THUNDAAAAAAAAAAH
Supporter
Joined
May 2, 2012
Messages
20,712
Reputation
6,580
Daps
83,458
Reppin
THUNDER BUDDIES

Cliffs

1.) Tweak withholdings
2.) Stash money in 401k
3.) Get an IRA
4.) Save for college (I dunno bout this)
5.) Flex Spending Account (da hell is this)
6.) Health Savings Account
7.) Income Tax Credit (we make too much)
8.)Charitable Donations
9.) Time spending right (me no get this)

FLEX SPENDING IS MONEY YOU HAVE SET ASIDE EVERY YEAR FOR MEDICAL STUFF. ITS TAKEN OUT BEFORE TAXES SO IT CAN REDUCE YOUR TAX LIABILITY. YOU HAVE TO USE IT UP EACH YEAR THOUGH.

I THINK THEY CALL IT HSA OR SOMETHING. SOMEBODY CORRECT ME IF IM WRONG.
 

Spectre

Ace Killer OG
Joined
Jul 20, 2015
Messages
4,035
Reputation
1,464
Daps
18,334
FLEX SPENDING IS MONEY YOU HAVE SET ASIDE EVERY YEAR FOR MEDICAL STUFF. ITS TAKEN OUT BEFORE TAXES SO IT CAN REDUCE YOUR TAX LIABILITY. YOU HAVE TO USE IT UP EACH YEAR THOUGH.

I THINK THEY CALL IT HSA OR SOMETHING. SOMEBODY CORRECT ME IF IM WRONG.
FSA is like HSA except u have to use it up each year. No carryover.
HSA is like roth but only for healthcare as well. If not used it carries over like a roth
 
Top