3 ms·
Even if they have that amount and more set aside, extreme circumstances might wipe out all cash reserves
by derision 7y ago
Even if they have that amount and more set aside, extreme circumstances might wipe out all cash reserves
- dugmartin 7y agoI guess what I’m saying is that cash shouldn’t exist for you to use for anything else - the folks that that are expecting it have guns and their own courts and judges.
- sokoloff 7y agoThe penalties and interest for underpaying are quite reasonable and proportional, IMO (and the penalties are often waivable, making for only interest charges, which are very reasonable.) If it’s a choice between eating and keeping your car/house and paying your taxes on time, choose the former every time!
- frizkie 7y agoThis exactly. The IRS is not the Mafia.