IRS taxing side hustles NOT going over well with people

2 years ago
4

https://discord.gg/rossmanngroup
👉 https://www.bloomberg.com/news/articles/2022-01-13/uncle-sam-wants-a-piece-of-your-side-hustle-in-irs-crackdown

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00:00 Hello!
00:13 Snow
00:32 Intro
01:47 More people starting businesses
02:45 Easy to go after small businesses
03:19 Billionaires can afford to do taxes properly
03:41 Small business owners make mistakes
04:50 As small businesses grow, more mistakes
05:42 Hard to find what billionaires are doing wrong
06:05 Examples of small business infractions
06:40 Risk/reward is at the small business level
07:50 Income tax was made for "the rich"
09:00 and then it affected everyone
12:19 What they say they want to do to "the rich" they will do TO YOU!
14:18 People expect small businesses to break tax code
15:15 More instances of small business tax avoidance

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