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loopholes - StillAnMT

Posted: Apr 15th, 2016 - 10:13 am In Reply to: Are you aware of how many companies operating in the US are - owned by offshore entities? SM

The IRS will close a loophole if it means they are missing out on money. The IRS might not be interested in the offshoring of work, but they are interested in getting taxes on money earned. Wow. I am amazed at some of the logic on this board.

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No 1099? - anon (Views: 842, 2016-04-14, 12:12 am)
- I do not think the Federal Govt would like that - StillAnMT (Views: 554, 2016-04-14, 7:22 am)
  - If An - Employer (Views: 589, 2016-04-14, 8:46 am)
    - I totally disagree - StillAnMT (Views: 916, 2016-04-14, 9:32 am)
      - Ahem. All these laws apply only to US businesses and workers. - Heloise (Views: 539, 2016-04-14, 11:17 am)
        Why would you assume that? We are talking US here. - nm (Views: 414, 2016-04-14, 8:09 pm)
        Are you aware of how many companies operating in the US are - owned by offshore entities? SM (Views: 375, 2016-04-15, 9:20 am)
        loopholes - StillAnMT
        Closing these particular loopholes is not within the power of th IRS. - Heloise (Views: 567, 2016-04-15, 12:45 pm)
        It makes no sense the Feds would allow that - StillAnMT (Views: 462, 2016-04-15, 8:52 am)
        Okay, I won't say it. But that won't change the fact that they don't. - Heloise (Views: 479, 2016-04-15, 10:59 am)
      - Right on! - nm (Views: 435, 2016-04-14, 8:06 pm)
    - You are wrong. If a contractor is paid over $600.00 in - sm (Views: 419, 2016-04-14, 8:04 pm)
      - Absolutely right! - nm (Views: 385, 2016-04-15, 7:53 am)
- no 1099 - OP (Views: 443, 2016-04-16, 5:59 pm)