In other IRS news... "Your Digital Money Transactions Are Being Spied On By The IRS!
President Joe Biden asked Congress to authorize the Internal Revenue Service (IRS) data collection on bank accounts with more than $600 in annual transactions. But banks and depositors pushed back, and the $600 figure was raised to $10,000. Everybody was happy.
THINK AGAIN!!!....YOU HAVE BEEN LIED TO BY THIS "INSTALLED REGIME"!!!
Digital payment platforms like Zelle, PayPal, Venmo, Square Cash, and other Digital Wallets are required to report your transactions of $600 or more to the IRS.
This year, you may receive multiple 1099-K forms from intermediaries like PayPal and Venmo. As the good taxpayer that you are, you’re going to file IRS Form 8949 for Sales and Other Dispositions of Capital Assets along with your 1040 tax return; and, of course, all of your transactions are going to line up with what has already been reported by PayPal, Venmo, etc.
But what if they don’t line up? Can you expect teams of two or three sweet and gentle, loving and kind, armed and unelected non-law enforcement IRS agents to visit your home?
...AND THEY WILL BE ALLOWED TO TAKE EVERYTHING YOU OWN!!!...INCLUDING YOUR HOME!!!
YOU WILL OWN NOTHING!!!....YOU WILL BE HAPPY!!!...AND SUBMIT TO THE "INSTALLED REGIME" IN THE NAME OF "EQUITY"!!!
BUT BRIBEN'S TRANSACTIONS OF MILLIONS ARE EXCLUDED!"
