My old accountant said if he called the IRS and got an answer he didn't like, he'd hang up and call again until he spoke to an agent that gave him an answer he liked.
@@megaeazy3 i think what he means to say is that the final answer that is used will also redirect the outcome of the situation, so the IRS kind of cucks itself.
If i recall, the IRS actually wanted to streamline the tax return process since they do know what you owe and how much you get back. The IRS would just do all the calculations and filling for you and just mail you a check or invoice depending on what was needed, but 3rd party companies like turbotax and H&R Block shut it down because that meant that they wouldnt be able to get paid.
Ehen we were kids libraries had free forms for the taking, and turbotax got nothing from that. Now that it's easier than ever, the IRS just gives in to a few corporations, which they hope to collect taxes from.
This is so good! I remember being surprised years ago when in Japan and realizing most people don’t need to file taxes because their irs determines it for them. Less deductions but no stress for the mass majority. Less govt spend too.
Most European countries do this too. Having to do your own taxes is a very North American phenomenon. The tax software companies have a pretty influential lobby here.
Thats correct. Here we have a tool from the government it’s pre-filled. Just check the amounts, or add some deductables if it’s correct and click “approve”. Done. 5 minutes of work tops
@@peppiess Here in America, because the system is so complicated you pay companies and tax professionals to help do them for you, then those companies pay the politicians to keep the system complicated, so you continue pay the companies and tax professionals to do it or you. Basically an infinite money glitch at everyone else's expense
@@peppiess oh the good and quick tax tools are there, but theyre run by the companies who make you pay for them, who are the ones lobbying to keep it that way.
Several years ago someone in the IRS gave 50 different IRS auditors the SAME SET OF DATA and asked them to audit the return. The 50 auditors came back with FORTY-EIGHT (48) DIFFERENT amounts of tax owed! I don't know which is more frightening, the 48 different answers or the 2 repeats!
During one of my audits the IRS guy told me that we only know what you tell us and what other people send them to validate. The more stuff sent to the IRS the more complicated it becomes.
In many countries, the government knows your income and automatically takes the tax owing; no return has to be filed. A return only has to be filed if there is an extra source of income that the government is not aware of or you have a reduction in your taxes due to a new tax credit.
How about we go back to before the first world war when income tax didn't exist and the government only taxed our dollar a single time (when you spend it). Now the dollar is taxed when we earn it, when we hold it, and when we spend it.
I got a letter from the IRS telling me that I made a mistake and owe them $5500. I was flabbergasted so I went back over my return and realized I did make a mistake and the IRS actually owed be another $500. I filed and amended return and got a check a couple of weeks later.
IRS sent me a letter claiming I underreported income. Problem was, the account they referenced didn't actually belong to me, and the last name was different. Whoops! I wrote them back explaining that, and never heard back from them again. After 21 years, I think I'm safe.
One thing that annoys me is that when something is wrong, they sent me a letter to call. I called, and the automated system hung up on me. Happened half a dozen times.
They want to fine you, not fix your issue. It's all an open embezzlement scheme. You can start by thanking turbo tax, but you'll be writing congressman before you get to the root cause of the dysfunction tax grift
got through the automated system and the operator hung up on me because "you're not allowed to use google services to record the call" i have a google phone. also they literally said "we're already recoring it, so you're not allowed to" and hung up
Same kind thing here - they sent me a letter saying I underpaid and had to send money ASAP. It listed the exact amount and no reason or calculation or what I missed. I sent the money because I'm not going to win or waste my time but I'll never know.
Where i live, all your tax is automatically pulled out of every purchase you make and paycheck you get, so there is no concept of paying taxes since the government just takes it no questions asked. Why the US REFUSES to make their citizens lives easier i’ll never understand🤦♀️
The US DOES take money automatically from every purchase and every paycheck. In regards to paychecks the gov has already taken the money from you, and it's your job to make sure it was the correct amount (this is where we differ).
They don't imprison you for owing them money, they imprison you only when you commit tax fraud or tax evasion. For example if you owe X amount but fall on hard times and are unable to pay it it doesn't go away but they will not imprison you for it. If you're making money in cash only and aren't reporting or underreporting it they will imprison you.
the IRS definitely knows how much you owe, but its thanks to businesses like TurboTax and H&R Block that always lobby the government to ensure the IRS don't tell you and you'll have to go to them
If you just have a job and simple investments, sure. They estimate that 40 to 50 percent of tax returns could be done automatically. If you have business expenses, complex investments, unreported income, etc. then it's not so simple.
@@Stayner Sure, it would be fine for those 40 or 50%. For the rest, you could just supply the information on deductions, non-reported income, complex investments, etc. and have them (or software) do the computations.
Reminds of of that time they tried hitting me for $50 they said I got from a job I never had. I told them I’ve never worked there. Never heard about it again.
It's so ludicrous that the government would waste time on $50. You know the amount they waste on salaries for people following up on that is way more than what they would get in taxes from that.
@@pmberkeley woah woah buddy someone has to make missles and weapons for countries that have no borders with the US, involvement with NATO or even friendly relations with the US. How else are we going to smuggle billions of dollars that happen to get lost and make it's way suspiciously back to certain people while bombing other countries?
If you get a chance to watch that whole video it's unbelievably hilarious and true. Why the IRS says doesn't send a statement of how much I owe and if they make mistakes I should be appealing their numbers rather than vice versa being that they have all my information anyway.
Because there is no way for the irs to know what qualified deductions you have until you tell them in addition to numerous income streams they wont know until someone tells them
Ideally this would work for simple nonbusiness 1040s that are only reporting income like a w2. IRS has that info. For business returns, they don't know how much a business makes. Especially for businesses that have a good chunk of cash receipts. IRS has 1099 info but if someone doesn't issue one, IRS doesn't know. There's C corps that you aren't required to give a 1099 to too. I've seen clients with 0 informational returns issued to them that make millions. IRS wouldn't have a clue they were making that much and wouldn't send them any bill if that's how the system worked.
Thank god i live in a country where taxes are calculated and subtracted from my paycheck every month and all i have to do is just look over their calculations if i agree or not or if i have any other objections once every year.
I first watched this on Rudy Ayoub's own channel and laughed through the entire roller coaster ride. He had me rolling on the floor laughing out loud with that last "fed up but smiling" line! I loved seeing her enjoy it and affirm his facts. 😂😂😂
So glad i live in a country that has a PAYE system, ive literally never had to think about taxes, never had to call anyone about taxes, i work and the taxes are taken out of my pay automatically before it hits my bank account, no "filling taxes" or any of this outdated nonsence
in every other part of the world it works the other way around. because you can’t expect people to be up to date with all the research of the financial literacy needed to calculate your taxes without mistakes. they probably expect you to make mistakes so that they can fine you to get more money than what they are supposed to.
Yeah I live in the UK and I've never once needed to even think about taxes. I work, the taxes are automatically deducted from my pay each month, and I go about my business never having to speak to a single soul about tax my entire life
The system is complicated in order to incentivize paying for a tax service like TurboTax. It also makes it so lower and middle earners pay more while creating loopholes for high earners. Only it’s not “earned” income. Earned income is taxed higher.
My uncle used to work for the IRS...and they in fact do have tools for that. They also have more resources to find information and fact check that information than most of the other federal agencies.
Come on America, it's the 21st century. Fix it. I get a mail once a year with a precalculation. All you do is check and keep it moving. My taxes never take more than an half hour to do.
Here I thought she was going to give me sound advice, but she just told me to subscribe after i watched her watch a video I've already watched.... I hate the internet.
I love it that here in Sweden we just get a prefilled tax form on the internet, I would guess that in most cases you just have to look it over for any discrepancies and sign it with your electronic ID. But it is quite easy to do additional input and it calculate things for you. It is a free service available to all. Paper forms exist too, in fact you get it in the snail mail if you have to do taxes, but it begs you to do it online since at least 15 years.
@@ultraret They don't pay 50% in Sweden except for the absolute wealthiest people, and the reason we have to do our own taxes is due to lobbying from TurboTax and other private companies who want to PROFIT off of streamlining the process. Corruption/lobbyism is the reason why we have to do it. The IRS already knows how much we owe, so we really shouldn't have to do anything. We should just do what every other country does-let THEM do it FOR US
@@ultraret I pay around 27% for a reasonably high income. My employer additionally pays an employment fee/tax, which on the other hand is deductible against the company's corporate income (profit) tax.
The reason for this is that the Supreme Court shot down the compulsory income tax about a hundred years ago, so it has to be a "voluntary assessment and payment", which used to be on the IRS tax website. Basically, filing is giving consent, much the same as that button that says "by clicking 'submit', you agree to the terms and conditions"
I'm American-Swedish. In Sweden I file my taxes by text message. It's great. Fun fact: if you are an American citizen living abroad, you still have to file your taxes every year. So every tax season, I go from the stress of US taxes to the ease of just texting "yes" to the Swedish tax agency.
I think that if everyone doesn’t pay at the same time, they won’t find a place for everyone in prison. But people behave like a herd of sheep and not like a society.
@@kudratbek1426 I'm already not going to pay taxes, tired of mismanagement of money and not deciding where my money goes. Inflation keeping us on poverty ENOUGH
@@Alex-ug9wx I'm not sure how things are in your country, but everything you mentioned has already been ruined here. Even in its ruined state, it's not free. If you want quality education or healthcare, you need a lot of money. Without the money, you're surely left to die. A Russian proverb says: The stingy pays twice, the stupid pays three times, and the sucker always pays; we just don’t want to be suckers and always pay for parasites. It's time to wake up and smell the coffee. Things aren’t as simple as you think.
I just do the standard deduction. I’ve never itemized after going through deductions because it isn’t significant enough savings to keep doing. If I made more money, it might make more sense, but it is a simple way to stay clear of any issues.
For Polish citizen this is mambojumbo. Yes we pay mandatory taxes but at the end of year you dont have to calculate nothing , You login to IRS check if they have all the income (if you have 2-3 diferent jobs if they all in system) and click OK.
@@GabrielRM Write a system and present it to the IRS so that it can solve the problem of calculating taxes automatically! This would solve so many issues and miscommunication + potentially so many fines and people going to prison.
Nah we gotta make sure their funded, their actively being defunded literally which causes many multibillion$ corporations to get away with illegal practices, without the appropriate resources to audit these companies results in bad things for everybody except for rich people obviously
In my country, tax is deducted from our pay each month and the department of revenue tracks this. Then, we file a return at the end of the financial year to check whether we overpaid or underpaid for the year. If we underpaid, we just pay the balance and go on with our day. If we overpaid, we get a rebate straight into our bank account. It baffles me that the IRS doesn't do the same 😂 I'd be done for tax fraud regularly 😂
Enjoy the information you provide and clarifying all the misinformation. And this video these two guys are hilarious. I’ve seen in different scenarios.
Disgusting that the tools are not open for anyone to use. If you want people to file their taxes accurately, you need to equip them to do so, not hand them a pop quiz of trick questions.
When it involves making the citizens’ life easier or better we’re very disorganized and backwards. When it comes to something the powers that be actually want… we’re ruthless and cutting edge.
The IRS needs publicist at this point. Like the average Joe should have ZERO objection to paying taxes (especially if we got more for our money lol) but the IRS has made it so difficult and is so quick to punish people that everybody hates them. They need to make this stuff easier and have a publicist generate some positive spin
Congress, both state and federal, works with groups like turbo tax to intentionally obscure and complicate the tax code with billions in revenue for each aside from the actual unfined taxes payed to the local, state, and federal government. It's being openly litigated and has been several times now...but people keep voting in the same people who lead these corrupt bodies
Totally agree. Also, they should just not charge taxes until you hit a living wage. The personal deduction is so small it leaves a bad taste in your mouth.
How would that work Elon pays 2% the average joe gets hit for 30%. EVERY average joe should object to paying 30% while billionaires and trillion dollar companies pay single digits.
I'm so glad I live in a country where it is all automatic. You only have to report things to save on your taxes, like if you drive far between your home and job or donate things to charity and so on. But how much you owe besides that is automatically calculated. Tax is automatically payed each month taken from your paycheck, and once a year they calculate for the year if there are any mistakes or if you have reported things that can make you save on you taxes and then sometimes you owe a little (usally mistakes are below $1000) or are owed some.
I love the fact that I live in a country that has IRD that does the crunching for us and sends us a summary, in recent years we haven't had to file tax return requests either, it's all automatic and they give out all the receipts
Thank goodness for Australian tax system, the Australian Tax Office knows basically everything so if you don't lodge it they will work it out but if you're just on wages it's legit a 5 minute process to lodge a tax return
In Australia our tax takes about five minutes for a normal person. All workers' tax is automatically withheld by their employer and tracked by a government database. Americans can't do this because of corporate lobbying.
It's pretty easy to avoid tax fraud. And to figure out how much you owe. There are literally a laundry list of services, some even free, that essentially do it all for you.
French here, the DGFIP (our IRS) just tells me how much I owe, and nowadays they just take it from my bank account so I don't even have to worry about it, all I have to do is check that the information they already have is correct, which it usually is anyway
Pro tip, just send them way more money than you could possibly owe and they just send back the extra. Going to websites and experts to calculate just reinforces the lobbying they do to keep the IRS from telling us what we actually owe.
In sweden we get our taxes calculated by the state and all we have to do is accept or correct them. We also pay towards it with every paycheck instead of leaving it to a big lump sum.
My first time doing taxes at 18, i owed the state of NC a dollar and got back like 100 from fed. A year later I joined the military and went off to training, that was 2009, and I never sent them the dollar.
Something tells me 2 things: 1) groups like HR Block and the like lobby well 2) its so obscure and complex so as to allow specialists to help the uber wealthy retain additional incomes
The reason the IRS doesn't tell you up front what you owe, is to ensure the government isn't putting unlawful tax burdens on its citizens. This is the same reason why the IRS doesn't do their own collections. It's outsourced to a 3rd party. I actually got better info from the collections agency than directly from the IRS.
You're doing a socially responsible thing by keeping so many of these people from doing stupid things and ending up in prison. I have never seen a country so hellbent on committing felonies.
The IRS needs to have a log in where you see all the income you had, a simple adjustment form to deal with deductions and that’s it! There is no need to the mess we have now!
in our country all employers do automatic efiling on behalf of employees based on our salary , we just file for deductions and benefits, so simple and the 0% 12 mth instalments incentivises payments
Where I'm from they give you a rough estimation of what you made this year and the taxes that you paid. You then add any mistakes, and add any deductibles. Then they'll just tell you what your rebate is. They'll recalculate it twice after that, if it checks out you're fine. If you made a mistake, then you'll get notified of what you owe or still are to receive within 6 weeks. They have up to 5 years to do this, as you have up to 5 years to declare your income and taxes.
My wife and I are under a state audit for the past 3 tax years. We had to hire a tax lawyer and submit a ton of paperwork otherwise we owed about $50,000
I liked the days when tax was filled out on paper, I would do a few steps then skip to the end and say they owed me $2000, they always figured it out for me, I never paid to have taxes filed.
State didn't process my taxes from a few years ago. So they sent me a notice and "calculations".... Their calculations said I owed $1900. My tax forms say they owe me $11. I think I will keep doing them myself.
The fact that one of the few times she says something is accurate and it’s a skit video is hilarious. Really puts all these TH-cam tax gurus to shame
It also puts the IRS to shame that the most parallel in reality is a fantasy satire skit.
They know no shame 😂
skits make fun of reality! financial gurus make up reality!
@tylerhale713go back to bed, grandpa.
@@garrettr3644go back to not being ignorant
My old accountant said if he called the IRS and got an answer he didn't like, he'd hang up and call again until he spoke to an agent that gave him an answer he liked.
What's he going to do with an answer if the outcome is the same
@@megaeazy3he would keep calling until he got the answer he wanted.
@@megaeazy3 i think what he means to say is that the final answer that is used will also redirect the outcome of the situation, so the IRS kind of cucks itself.
LOL… sad but funny
HE GOT AN ANSWER?!
If i recall, the IRS actually wanted to streamline the tax return process since they do know what you owe and how much you get back. The IRS would just do all the calculations and filling for you and just mail you a check or invoice depending on what was needed, but 3rd party companies like turbotax and H&R Block shut it down because that meant that they wouldnt be able to get paid.
Those companies could contract with the IRS to do the work.
Ehen we were kids libraries had free forms for the taking, and turbotax got nothing from that. Now that it's easier than ever, the IRS just gives in to a few corporations, which they hope to collect taxes from.
This is the only reason
@@erinobrien8793the government given a private company all your financial information is quite worrisome
They could just get employed by the irs and make the process faster because there is more hands to do the work.
This is so good! I remember being surprised years ago when in Japan and realizing most people don’t need to file taxes because their irs determines it for them. Less deductions but no stress for the mass majority. Less govt spend too.
Most European countries do this too. Having to do your own taxes is a very North American phenomenon. The tax software companies have a pretty influential lobby here.
@@KyokujiFGC Or maybe we don't trust our government very much 😉
@@pipsplaythat's not the reason. Stop the 🧢
"ya akho al sharmota" is peak comedy at the end 😂
That was personal and I felt it habibi
People don't realize that in a lot of other countries this whole process isn't needed for those who aren't self-employed
Thats correct. Here we have a tool from the government it’s pre-filled. Just check the amounts, or add some deductables if it’s correct and click “approve”. Done.
5 minutes of work tops
@@peppiess Here in America, because the system is so complicated you pay companies and tax professionals to help do them for you, then those companies pay the politicians to keep the system complicated, so you continue pay the companies and tax professionals to do it or you. Basically an infinite money glitch at everyone else's expense
@@Abstract_zx so there is a lobby that lobbies against good and quick tax tools for the people so they keep the cashflow.. sounds awfull.
@@peppiess oh the good and quick tax tools are there, but theyre run by the companies who make you pay for them, who are the ones lobbying to keep it that way.
Mainly because lobbyist like turbotax prevent any real change for the process.
Several years ago someone in the IRS gave 50 different IRS auditors the SAME SET OF DATA and asked them to audit the return. The 50 auditors came back with FORTY-EIGHT (48) DIFFERENT amounts of tax owed! I don't know which is more frightening, the 48 different answers or the 2 repeats!
Sounds about right!
During one of my audits the IRS guy told me that we only know what you tell us and what other people send them to validate. The more stuff sent to the IRS the more complicated it becomes.
Thanks for sharing this study.
Is there an article link?
It just goes to show the incompetence of the United states
Rudy doesn't miss
Ah Habibi, you know it's true
She's got 🔧 for that
Rudy? That's the Desert Cowboy
His cursing in Arabic at the end was spot on
@@Gizzardx0Rudy is the arab guy in the skit not the lady reacting
In many countries, the government knows your income and automatically takes the tax owing; no return has to be filed. A return only has to be filed if there is an extra source of income that the government is not aware of or you have a reduction in your taxes due to a new tax credit.
This is why its best to be self-employed and not report everything.
How about we go back to before the first world war when income tax didn't exist and the government only taxed our dollar a single time (when you spend it). Now the dollar is taxed when we earn it, when we hold it, and when we spend it.
I swear I‘ve never felt the need to say this in my life, but this woman has a captivating smile. Couldn‘t help but smile along.
Oh Arab dad made it here! 🎉
And was actually one of the few accurate ones
He is top 10 in my book, habibi!
Yeah
"Made it here" is a funny way to put it
Rudy funny
I got a letter from the IRS telling me that I made a mistake and owe them $5500. I was flabbergasted so I went back over my return and realized I did make a mistake and the IRS actually owed be another $500. I filed and amended return and got a check a couple of weeks later.
IRS sent me a letter claiming I underreported income. Problem was, the account they referenced didn't actually belong to me, and the last name was different. Whoops!
I wrote them back explaining that, and never heard back from them again. After 21 years, I think I'm safe.
@@demophys4883They're gonna get you on year 22
@@demophys4883You were safe until you started bragging here. I'm reporting you now so they can check on your past 21 years of returns.
@@TheSavageThanos😂😂
@@TheSavageThanosyou’re a monster.
One thing that annoys me is that when something is wrong, they sent me a letter to call. I called, and the automated system hung up on me. Happened half a dozen times.
They want to fine you, not fix your issue. It's all an open embezzlement scheme. You can start by thanking turbo tax, but you'll be writing congressman before you get to the root cause of the dysfunction tax grift
got through the automated system and the operator hung up on me because "you're not allowed to use google services to record the call" i have a google phone. also they literally said "we're already recoring it, so you're not allowed to" and hung up
@@qtip392 wow, that's insane. They can record, but you can't.
Same kind thing here - they sent me a letter saying I underpaid and had to send money ASAP. It listed the exact amount and no reason or calculation or what I missed. I sent the money because I'm not going to win or waste my time but I'll never know.
@@qtip392 put them on speaker. Record it and try to make them commit constitutional violations
Where i live, all your tax is automatically pulled out of every purchase you make and paycheck you get, so there is no concept of paying taxes since the government just takes it no questions asked. Why the US REFUSES to make their citizens lives easier i’ll never understand🤦♀️
It all about making thing so complicated and drawn out so companies can make more money
Basically to tax everyone again? Sales tax, income tax and other tax etc...
It's Slavery
Because they want to control us. They want to keep us sick, poor and desperate. Our government hates us.
The US DOES take money automatically from every purchase and every paycheck. In regards to paychecks the gov has already taken the money from you, and it's your job to make sure it was the correct amount (this is where we differ).
Us code 28 / Constitution's article I, section 18, which states that no one can be imprisoned for debt.
They don't imprison you for owing them money, they imprison you only when you commit tax fraud or tax evasion.
For example if you owe X amount but fall on hard times and are unable to pay it it doesn't go away but they will not imprison you for it. If you're making money in cash only and aren't reporting or underreporting it they will imprison you.
You can't be imprisoned for failing to pay DECLARED debt. The crime isn't failing to pay your debts, it's failing to report that they exist.
I can't believe this tax lady made me rewatch this rudy skit 🤣🤣🤣
The entire time, I was just hoping that she didn't cut it short
the IRS definitely knows how much you owe, but its thanks to businesses like TurboTax and H&R Block that always lobby the government to ensure the IRS don't tell you and you'll have to go to them
THANK YOU
If you just have a job and simple investments, sure. They estimate that 40 to 50 percent of tax returns could be done automatically. If you have business expenses, complex investments, unreported income, etc. then it's not so simple.
@@jmodified all other countries in the world do it, why America can't?
@@Stayner Sure, it would be fine for those 40 or 50%. For the rest, you could just supply the information on deductions, non-reported income, complex investments, etc. and have them (or software) do the computations.
G
Reminds of of that time they tried hitting me for $50 they said I got from a job I never had. I told them I’ve never worked there. Never heard about it again.
It's so ludicrous that the government would waste time on $50. You know the amount they waste on salaries for people following up on that is way more than what they would get in taxes from that.
Lmao wut?! Why would the IRS care about $50?
That did that to us, we got a follow up letter 2 years later and had to file a doc stating that it was a case of mistaken identity.
@@pmberkeley woah woah buddy someone has to make missles and weapons for countries that have no borders with the US, involvement with NATO or even friendly relations with the US. How else are we going to smuggle billions of dollars that happen to get lost and make it's way suspiciously back to certain people while bombing other countries?
It was apparently worth the time to send a letter. But it’s been like 4 years ago and haven’t heard about it since.
Absolutely love you stumbled across this skit. Makes me laigh everytime. Take my engagement. Love what you do!
Constitution's article I, section 18, which states that no one can be imprisoned for debt
"Sharmuta" gold😂
Right! So heart felt it was perfect 😂😂
I love this just for the "sharmuta" at the end.
*I LOOKED FOR THIS COMMENT LOL!*
You had to edit out your laughter.
That was one of the funniest videos from that creator. He's great.
I'm trying to find who the author is!
@@AC-ty1tr Try "Arab dad". Not what he's called but it will get you there.
Rudy Ayoub, he's actually a guitarist hahaha.
"Take my stuff, I'll buy more" 😂😂😂
Lmao 😂😂😂
Fortunately, debtors' prisons were outlawed by Congress in 1833. As a result, you can't go to jail for owing unpaid debts anymore. 28 us code 2007 .
A good way to hide money is to never let it hit public records in your name , trust/non profits / shell corporations , loans can't be taxed .
If you get a chance to watch that whole video it's unbelievably hilarious and true. Why the IRS says doesn't send a statement of how much I owe and if they make mistakes I should be appealing their numbers rather than vice versa being that they have all my information anyway.
Because there is no way for the irs to know what qualified deductions you have until you tell them in addition to numerous income streams they wont know until someone tells them
Because intuit lobbies the government so they don't allow the IRS to make the taxes for you.
@@RealHankShill they can still send the bill assuming no deductions and you work off from that. It's still easier for the taxpayer
Ideally this would work for simple nonbusiness 1040s that are only reporting income like a w2. IRS has that info. For business returns, they don't know how much a business makes. Especially for businesses that have a good chunk of cash receipts. IRS has 1099 info but if someone doesn't issue one, IRS doesn't know. There's C corps that you aren't required to give a 1099 to too.
I've seen clients with 0 informational returns issued to them that make millions. IRS wouldn't have a clue they were making that much and wouldn't send them any bill if that's how the system worked.
@@EnanoPancracio That's how it works in many countries outside the US, and it's far easier.
Thank god i live in a country where taxes are calculated and subtracted from my paycheck every month and all i have to do is just look over their calculations if i agree or not or if i have any other objections once every year.
Love Rudy. His channel is comedic gold.
I first watched this on Rudy Ayoub's own channel and laughed through the entire roller coaster ride. He had me rolling on the floor laughing out loud with that last "fed up but smiling" line! I loved seeing her enjoy it and affirm his facts.
😂😂😂
First time seeing her critique a skit I’ve seen before. I love Habib.
Critique is a strong word lmao she barely said anything. Never disliked anything so fast.
This guy is a genius.
Had seen the clip before. LOVE the reaction, and the information you've been providing... thank you, and great channel!
Came here to say that.
What reaction lol she basically showed video in full and barely made any remark
Watched this about 50 times!!!
This was *FUNNY* as f---k!!! Snappy back and forth, and the ending was pure gold!!!
So glad i live in a country that has a PAYE system, ive literally never had to think about taxes, never had to call anyone about taxes, i work and the taxes are taken out of my pay automatically before it hits my bank account, no "filling taxes" or any of this outdated nonsence
Your facial expressions are like a painting, a 1000 words without even speaking 😂…learned so much from your content!
Based on your comment quality, I assume you're one of those bots that just posted general compliments.
@WanderingExistence it's a 17 year old account dude...
@@_vakas Way to take a joke wayyy too seriously.
@@WanderingExistence
Way too seriously? It wasn't a good joke in the first place. I don't think many people would laugh at it.
@@_vakas no one said it was a good joke...
Omg I'm crying watching that
Rudy Ayoub is the GOAT
in every other part of the world it works the other way around. because you can’t expect people to be up to date with all the research of the financial literacy needed to calculate your taxes without mistakes.
they probably expect you to make mistakes so that they can fine you to get more money than what they are supposed to.
Yeah I live in the UK and I've never once needed to even think about taxes. I work, the taxes are automatically deducted from my pay each month, and I go about my business never having to speak to a single soul about tax my entire life
The system is complicated in order to incentivize paying for a tax service like TurboTax. It also makes it so lower and middle earners pay more while creating loopholes for high earners. Only it’s not “earned” income. Earned income is taxed higher.
My uncle used to work for the IRS...and they in fact do have tools for that. They also have more resources to find information and fact check that information than most of the other federal agencies.
"Everyone knows that the most reliable government records are tax records" -Chief inspector from V for vendetta
Come on America, it's the 21st century. Fix it. I get a mail once a year with a precalculation. All you do is check and keep it moving. My taxes never take more than an half hour to do.
Rudy will never disappoint!
Here I thought she was going to give me sound advice, but she just told me to subscribe after i watched her watch a video I've already watched.... I hate the internet.
Don't mind me, I was just for the shorts watchalong ig 😂
A great accountant is one who understands they work in the best interest of their clients, not the tax office
Pay your taxes. Habibi😂
👉🏾💯
I love it that here in Sweden we just get a prefilled tax form on the internet, I would guess that in most cases you just have to look it over for any discrepancies and sign it with your electronic ID. But it is quite easy to do additional input and it calculate things for you. It is a free service available to all. Paper forms exist too, in fact you get it in the snail mail if you have to do taxes, but it begs you to do it online since at least 15 years.
For a much higher 50% rate im sure they will make it very easy for you to pay them.
@@ultraret They don't pay 50% in Sweden except for the absolute wealthiest people, and the reason we have to do our own taxes is due to lobbying from TurboTax and other private companies who want to PROFIT off of streamlining the process.
Corruption/lobbyism is the reason why we have to do it. The IRS already knows how much we owe, so we really shouldn't have to do anything. We should just do what every other country does-let THEM do it FOR US
@@ultraret I pay around 27% for a reasonably high income. My employer additionally pays an employment fee/tax, which on the other hand is deductible against the company's corporate income (profit) tax.
I saw the actual video a week ago and still think this is so accurate it's funny.
The reason for this is that the Supreme Court shot down the compulsory income tax about a hundred years ago, so it has to be a "voluntary assessment and payment", which used to be on the IRS tax website. Basically, filing is giving consent, much the same as that button that says "by clicking 'submit', you agree to the terms and conditions"
I'm American-Swedish. In Sweden I file my taxes by text message. It's great. Fun fact: if you are an American citizen living abroad, you still have to file your taxes every year. So every tax season, I go from the stress of US taxes to the ease of just texting "yes" to the Swedish tax agency.
The last “we got tools for that” has me dying 😂
Down with the IRS
I think that if everyone doesn’t pay at the same time, they won’t find a place for everyone in prison. But people behave like a herd of sheep and not like a society.
@@kudratbek1426 I'm already not going to pay taxes, tired of mismanagement of money and not deciding where my money goes. Inflation keeping us on poverty ENOUGH
Down with education, roads, healthcare, military, emergency services, and law enforcement then!
Anarchists are so stupid lmao. You guys always want it all for free 🤣
@@Alex-ug9wx I'm not sure how things are in your country, but everything you mentioned has already been ruined here. Even in its ruined state, it's not free. If you want quality education or healthcare, you need a lot of money. Without the money, you're surely left to die.
A Russian proverb says: The stingy pays twice, the stupid pays three times, and the sucker always pays; we just don’t want to be suckers and always pay for parasites.
It's time to wake up and smell the coffee. Things aren’t as simple as you think.
Omg I can't believe she watched Rudy 🤣 Love them both
I just do the standard deduction. I’ve never itemized after going through deductions because it isn’t significant enough savings to keep doing. If I made more money, it might make more sense, but it is a simple way to stay clear of any issues.
For Polish citizen this is mambojumbo. Yes we pay mandatory taxes but at the end of year you dont have to calculate nothing , You login to IRS check if they have all the income (if you have 2-3 diferent jobs if they all in system) and click OK.
If only there was a way to automatically collect taxes as you get paid... That'd save so much trouble and resources, no way it's possible!
Maybe write a system that could do that?
Is that not the standard? I'm getting deducted almost 30% every salary.
@@coffeefps not in America, that'd be too smart 💀
@@craigedwards2411 wdym
@@GabrielRM Write a system and present it to the IRS so that it can solve the problem of calculating taxes automatically! This would solve so many issues and miscommunication + potentially so many fines and people going to prison.
If you make a mistake they will just send you a letter 2 years later and you pay the money you owe plus late payment fee. It is not a big deal.
20% is a pretty big deal
Cancel the IRS
Nah we gotta make sure their funded, their actively being defunded literally which causes many multibillion$ corporations to get away with illegal practices, without the appropriate resources to audit these companies results in bad things for everybody except for rich people obviously
In my country, tax is deducted from our pay each month and the department of revenue tracks this. Then, we file a return at the end of the financial year to check whether we overpaid or underpaid for the year.
If we underpaid, we just pay the balance and go on with our day. If we overpaid, we get a rebate straight into our bank account.
It baffles me that the IRS doesn't do the same 😂 I'd be done for tax fraud regularly 😂
Enjoy the information you provide and clarifying all the misinformation. And this video these two guys are hilarious. I’ve seen in different scenarios.
Disgusting that the tools are not open for anyone to use. If you want people to file their taxes accurately, you need to equip them to do so, not hand them a pop quiz of trick questions.
When it involves making the citizens’ life easier or better we’re very disorganized and backwards. When it comes to something the powers that be actually want… we’re ruthless and cutting edge.
Arab dad made it in one of your videos!!
Is he charming, Jasmine??
She's married
RudyAyoub is my number one go to Tax Guru.
The IRS needs publicist at this point. Like the average Joe should have ZERO objection to paying taxes (especially if we got more for our money lol) but the IRS has made it so difficult and is so quick to punish people that everybody hates them. They need to make this stuff easier and have a publicist generate some positive spin
There is the option for the simplified filing.
Line 1) How much did you earn?
Line 2) Send it.
Congress, both state and federal, works with groups like turbo tax to intentionally obscure and complicate the tax code with billions in revenue for each aside from the actual unfined taxes payed to the local, state, and federal government. It's being openly litigated and has been several times now...but people keep voting in the same people who lead these corrupt bodies
@@joeshmoe7967 yeah but I still have to do that they don’t just send me a bill.
Totally agree. Also, they should just not charge taxes until you hit a living wage. The personal deduction is so small it leaves a bad taste in your mouth.
How would that work Elon pays 2% the average joe gets hit for 30%. EVERY average joe should object to paying 30% while billionaires and trillion dollar companies pay single digits.
I love this guy! His skits are hilarious!! 😂
I'm so glad I live in a country where it is all automatic. You only have to report things to save on your taxes, like if you drive far between your home and job or donate things to charity and so on. But how much you owe besides that is automatically calculated. Tax is automatically payed each month taken from your paycheck, and once a year they calculate for the year if there are any mistakes or if you have reported things that can make you save on you taxes and then sometimes you owe a little (usally mistakes are below $1000) or are owed some.
Rudy is not just a funny cutie, he’s smart too!
Its sooo crazy to me that you guys in the US have to work out your own taxes
And pay for the pleasure of having help to do it from tools
Crazy to me
IRS is forbidden by law to do your taxes. Tax preparation is big business.
It's crazy to us aswell. It's a multi-billion dollar industry that lobbies congressman through political campaign super pacts and open bribery.
@@jufulu7066 Yeah, wonder how that became (and stayed) a law...
@@Quartzhawk878 $$$$$😏
@@jufulu7066 also crazy that big business is factoring so heavily into what is law
This is such a foreign concept to me as my gvmnt takes the taxes before i can even pay them so i never ''pay'' them :O
I love the fact that I live in a country that has IRD that does the crunching for us and sends us a summary, in recent years we haven't had to file tax return requests either, it's all automatic and they give out all the receipts
Thank goodness for Australian tax system, the Australian Tax Office knows basically everything so if you don't lodge it they will work it out but if you're just on wages it's legit a 5 minute process to lodge a tax return
when i saw homer having to do taxes on the Simpsons i was so confused as someone from the uk
You're a blessing. And your husband is a lucky man.
Thanks for the channel.
Stay beautiful
In Australia our tax takes about five minutes for a normal person. All workers' tax is automatically withheld by their employer and tracked by a government database. Americans can't do this because of corporate lobbying.
One of the reasons to get out of America, moved to Vietnam and taxes are already included in what you're paying. You don't have to do anything.
It's pretty easy to avoid tax fraud. And to figure out how much you owe. There are literally a laundry list of services, some even free, that essentially do it all for you.
There is no such thing is tax fraud. It's theft and slavery.
I saw the original video. Hilarious
Aladdin and Jasmine, together in a video short! 😊
Lol
Classic Lebanese business "man" 😂😂😂
French here, the DGFIP (our IRS) just tells me how much I owe, and nowadays they just take it from my bank account so I don't even have to worry about it, all I have to do is check that the information they already have is correct, which it usually is anyway
Pro tip, just send them way more money than you could possibly owe and they just send back the extra. Going to websites and experts to calculate just reinforces the lobbying they do to keep the IRS from telling us what we actually owe.
Ever since I got recommended this channel I can’t stop watching her videos😂
In sweden we get our taxes calculated by the state and all we have to do is accept or correct them. We also pay towards it with every paycheck instead of leaving it to a big lump sum.
We also pay in every paycheck in the U.S. it's just a reconciliation that needs to be done annually.
Did a tax guru on social media just told us not to trust tax gurus on social media?
My first time doing taxes at 18, i owed the state of NC a dollar and got back like 100 from fed. A year later I joined the military and went off to training, that was 2009, and I never sent them the dollar.
Something tells me 2 things:
1) groups like HR Block and the like lobby well
2) its so obscure and complex so as to allow specialists to help the uber wealthy retain additional incomes
I'm so glad I live in the uk when it comes to taxes
This is pretty damn accurate, now if you want to learn more about the corporations lobbying congress to keep things this way go ahead.
The reason the IRS doesn't tell you up front what you owe, is to ensure the government isn't putting unlawful tax burdens on its citizens. This is the same reason why the IRS doesn't do their own collections. It's outsourced to a 3rd party. I actually got better info from the collections agency than directly from the IRS.
The quote _“If you go to prison for not paying your taxes you get to live off other people’s taxes.”_ has been stuck in my head for ages
Happy to see Arab Dad and Rudy Ayoub get the accuracy approval from Jasmine DeLucci! That’s a high bar 😊
Love it! As well as your beautiful smile. 😃
You're doing a socially responsible thing by keeping so many of these people from doing stupid things and ending up in prison. I have never seen a country so hellbent on committing felonies.
I’m a retired tax accountant. Thank you for your channel, and I agree 100%. The IRS are like Roz from Monsters, Inc…they’re always watching 😂
The IRS needs to have a log in where you see all the income you had, a simple adjustment form to deal with deductions and that’s it!
There is no need to the mess we have now!
in our country all employers do automatic efiling on behalf of employees based on our salary , we just file for deductions and benefits, so simple and the 0% 12 mth instalments incentivises payments
I'm not sure why you've been showing up on my feed recently, but I'm subscribed now.
Where I'm from they give you a rough estimation of what you made this year and the taxes that you paid. You then add any mistakes, and add any deductibles. Then they'll just tell you what your rebate is. They'll recalculate it twice after that, if it checks out you're fine. If you made a mistake, then you'll get notified of what you owe or still are to receive within 6 weeks. They have up to 5 years to do this, as you have up to 5 years to declare your income and taxes.
My wife and I are under a state audit for the past 3 tax years. We had to hire a tax lawyer and submit a ton of paperwork otherwise we owed about $50,000
It's crazy for people that aren't in finance. For someone who is, I prefer it this way.
The happiness this skit brought her 😄
I liked the days when tax was filled out on paper, I would do a few steps then skip to the end and say they owed me $2000, they always figured it out for me, I never paid to have taxes filed.
State didn't process my taxes from a few years ago. So they sent me a notice and "calculations".... Their calculations said I owed $1900. My tax forms say they owe me $11.
I think I will keep doing them myself.