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scrubs season six posted:What are your tax avoidance strategies? Go to a good accountant
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Jan 9, 2017 05:56
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May I please direct everyone to the IRS guide for reporting gambling winnings. Do note that gambling losses are only deductible to the extent of gambling winnings.
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Jan 9, 2017 05:58
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Improbable Lobster posted:Go to a good accountant Pretty much this. There's no way to hide it from the government...obviously.
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Jan 9, 2017 06:09
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loquacius posted:Freemasons I can't speak to the rest of the organizations you tried to join, but I can tell you that the Freemasons tried to dissuade you because it's not an occult organization. It's merely occult-adjacent, because some notable occultists were Freemasons, and some occult organizations have co-opted some of the symbols of Freemasonry.
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Jan 9, 2017 13:19
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Improbable Lobster posted:Go to a good accountant Good as in one that knows and adheres to all the laws, or good as in does all kinds of shady poo poo? Because I think it's generally pretty hard to make income into non income after it has already been incomed. Short of giving a ton of money to charity (which isn't going to result in a net increase of money in your pocket) or (potentially) going for the annuity instead of the lump sum, I don't think there are ways to avoid a significant amount of taxes on a large lottery win. bird with big dick fucked around with this message at 15:29 on Jan 9, 2017 |
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Jan 9, 2017 15:26
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Audax posted:May I please direct everyone to the IRS guide for reporting gambling winnings. A bar in my hometown has Keno run by the Ohio lottery. They keep "waste" baskets for losing tickets, and people who hit the big prizes that are taxable can take enough losing tickets and have them negate the tax burden. Since all the tickets are bought with cash, the government never knows who really purchased them.
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Jan 9, 2017 15:47
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There's no way to avoid the tax hit on lottery winnings. Doesn't matter how creative your accountant is.
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Jan 9, 2017 15:53
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A trust redeems the winning ticket for you and can then pay out however much you decide yearly, at which point you pay tax on the payouts at a much lower rate than you would have on the lump sum. The pro move is to pull out like 50-100k a year and pour most of it into "business expenses" that coincide with your hobbies, and pay almost nothing. Another advantage of this is that with a big enough principal and a reasonably sized payout you can do this literally forever, as you are just pulling from the interest. You never have to work again and neither do your children's children. Or, you know, take all you can as cash, buy you/momma/weird uncle houses, buy a fast car, some great drugs, get yourself into trouble with the law and let lawyers take the rest. Whatever works for you.
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Jan 9, 2017 16:52
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The Management posted:There's no way to avoid the tax hit on lottery winnings. Doesn't matter how creative your accountant is. Move to Canada. (No tax on lotto winnings fyi)
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Jan 9, 2017 16:59
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quote:Up until around last February, soon before I turned 21, I hadn't ever kissed a girl. This is probably because of low self esteem - I've always been confident about every aspect of myself other than my looks, having always had lovely haircuts and ugly glasses. Still, I'm funny, and in high school I knew a few girls that were almost certainly into me and giving me signs to ask them out, but I always had that voice telling myself that they were just being nice, and I was too afraid of people hearing about my rejection too go ahead with it. As an introvert, when I got to college I didn't make much of an effort to be social and so I just stayed in my room most of the time. Then I studied abroad for a semester last Spring and my relocation to a big city, where I could choose not to give a poo poo if I got rejected, led to my getting my first girlfriend. It was pretty cool to experience all that emotional closeness and stuff and we sort agreed to keep this fling going until I had to leave the country and go back. Romantic-comedy answer is "move back to her city, make it a surprise, show up on her doorstep with some flowers or something" More realistic answer is that you've probably gotten as much out of rebound hookups as you're reliably going to. Try actually dating someone again. Personally I was lucky enough that my first LTR after being a nerdy shut-in for way too long ended really badly, to the point that by the time I had stopped being mad at her I was far enough removed from the relationship to see past the rose-colored glasses and recognize all the problems there had been. quote:My anonymous confession is that I am in love. With a mostly fictional character. I am completely in love with a Finnish musician who I have never met, never spoke to and know nothing about. I have incredibly vivid dreams about him every night. Some are sex dreams, sure, but most of them are mundane, e.g. we are eating in a restaurant, we are walking along a street, we talk a lot in my dreams. I know noting about this man, I don't know how old he is, I don't know if he's a nice man, if he's famous, nothing. BUT I HAVE TO MEET HIM. I have to get this man out of my head. I have been trying to learn Finnish (I am American) and I plan to go to Finland this summer and find him. For the record, I am a 42 year old woman. I am a professional graphic designer, I'm not a man crazy weirdo. I know this is stupid. But all my dreams are about him. I know what he smells like. I know what his laugh sounds like. I hope he is a total creep so I can stop thinking about him and get on with my life. Thanks for listening GBS. lady you are 42 years old stop being 14 please like, by your age you should probably know that this kind of fixation is not "love"
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Jan 9, 2017 17:03
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loquacius posted:lady I actually totally understand this one... I'm in love with Bård Ylvisåker too, but he's Norwegian, not Finnish.
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Jan 9, 2017 17:29
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loquacius posted:lady please don't be Varg
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Jan 9, 2017 17:46
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runupon cracker posted:I actually totally understand this one... I'm in love with Bård Ylvisåker too, but he's Norwegian, not Finnish. same but todd terje
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Jan 9, 2017 17:51
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runupon cracker posted:I can't speak to the rest of the organizations you tried to join, but I can tell you that the Freemasons tried to dissuade you because it's not an occult organization. It's merely occult-adjacent, because some notable occultists were Freemasons, and some occult organizations have co-opted some of the symbols of Freemasonry. Yeah this is true. My dad was a member when he was younger and he said it was essentially a drinking club for older men who occasionally liked to play dressup. He said the most interesting topics of discussion during meetings were such spooky topics as whether to have lasagna or spaghetti for the dinner next meeting. Or maybe that's just the cover story they gave him 
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Jan 9, 2017 17:57
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Nissin Cup Nudist posted:please don't be Varg Varg is Norwegian bitch.
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Jan 9, 2017 18:28
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yeah I eat rear end posted:Yeah this is true. My dad was a member when he was younger and he said it was essentially a drinking club for older men who occasionally liked to play dressup. He said the most interesting topics of discussion during meetings were such spooky topics as whether to have lasagna or spaghetti for the dinner next meeting. It's a lot of things to a lot of people. Many enjoy it purely for the social aspect, but there are a lot of members who really enjoy the symbolism and other esoteric subjects. Lodge discussions can (and have) included math, geometry, physics, biology, psychology, anthropology, philosophy, etc. Anything under the sun except politics and religion.
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Jan 9, 2017 18:53
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420 SWAGLORD posted:A trust redeems the winning ticket for you and can then pay out however much you decide yearly, at which point you pay tax on the payouts at a much lower rate than you would have on the lump sum. The pro move is to pull out like 50-100k a year and pour most of it into "business expenses" that coincide with your hobbies, and pay almost nothing. Another advantage of this is that with a big enough principal and a reasonably sized payout you can do this literally forever, as you are just pulling from the interest. You never have to work again and neither do your children's children. I don't think you have any idea what you're talking about.
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Jan 9, 2017 19:00
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quote:My anonymous confession is that I am in love. With a mostly fictional character. I am completely in love with a Finnish musician who I have never met, never spoke to and know nothing about. I have incredibly vivid dreams about him every night. Some are sex dreams, sure, but most of them are mundane, e.g. we are eating in a restaurant, we are walking along a street, we talk a lot in my dreams. I know noting about this man, I don't know how old he is, I don't know if he's a nice man, if he's famous, nothing. BUT I HAVE TO MEET HIM. I have to get this man out of my head. I have been trying to learn Finnish (I am American) and I plan to go to Finland this summer and find him. For the record, I am a 42 year old woman. I am a professional graphic designer, I'm not a man crazy weirdo. I know this is stupid. But all my dreams are about him. I know what he smells like. I know what his laugh sounds like. I hope he is a total creep so I can stop thinking about him and get on with my life. Thanks for listening GBS. https://www.youtube.com/watch?v=ZHReqKRvonE
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Jan 9, 2017 19:04
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scrubs season six posted:I don't think you have any idea what you're talking about. http://www.metrowestdailynews.com/article/20140927/news/309279988 http://info.legalzoom.com/create-trust-claim-lottery-winnings-26346.html Sorry you're poor  it's hosed up obv but rich people pretty much don't pay tax. I thought everyone knew that...
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Jan 9, 2017 19:41
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420 SWAGLORD posted:http://www.metrowestdailynews.com/article/20140927/news/309279988 Did you actually read either of those? Because I bet you didn't. Just go ahead and cut and paste where they say that a trust allows you to avoid income taxes on a lottery winning. Have you ever paid taxes before?
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Jan 9, 2017 19:48
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scrubs season six posted:Did you actually read either of those? Because I bet you didn't. Just go ahead and cut and paste where they say that a trust allows you to avoid income taxes on a lottery winning. I did not, they're the first two results for "lottery trust anonymous". Legal research to win an internet argument does not sound fun. I have never personally paid taxes, because accountants are so much better at that than I could ever be (also it does not sound fun). This isn't much fun either and I don't want to derail, I hope you have a wonderful day <3
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Jan 9, 2017 19:59
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420 SWAGLORD posted:I did not I know. Because I know how trusts work. Rich people tend not to pay a high percentage of taxes due to things like carrying over operating losses (e.g. Trump) and the lower rates of long term capital gains. Somehow I doubt Mr. UPS Driver lotto winner has millions of dollars of prior operating losses and I am not a tax attorney but I'm gonna go out on a limb and say you can't claim a lotto ticket as a long term investment.
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Jan 9, 2017 20:08
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scrubs season six posted:I know. Because I know how trusts work. please stop owning me and if you ever stumble across a big ol pile of money just talk to a good accountant/tax attorney before you pick it up ok?
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Jan 9, 2017 20:14
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scrubs season six posted:I don't think you have any idea what you're talking about. Yeah, I'm going to have to concur with this statement.
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Jan 9, 2017 20:21
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jeeze we're all friends in gbs no need for such brutal ownage over low tax law
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Jan 9, 2017 20:22
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I'm actually a tax accountant can y'all just shut up now thx
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Jan 9, 2017 20:24
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This 42 year old obsessed woman is going to try to murder this Finnish guy, isn't she?
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Jan 9, 2017 20:25
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420 SWAGLORD posted:I have never personally paid taxes, because accountants are so much better at that than I could ever be (also it does not sound fun). You may want to look into this situation. Nah, nevermind, the IRS will reach out to you first.
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Jan 9, 2017 20:39
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ahhhh AHHHHHHHHHHH
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Jan 9, 2017 21:04
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42 year old computer lady hmmm gonna take a stab in the dark and say it's ville valo that's gonna get murdered
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Jan 9, 2017 21:57
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Stale Saltines posted:same but todd terje Todd Terje is great because it's like listening to the Paper Mario soundtrack but it makes you a hipster instead of a nerd
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Jan 9, 2017 21:59
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I don't know who any of that is. what is it lately with goons in gbs trying to out-adult one another, who cares. Bring me that sweet lottery money, daddy needs some golden teeth
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Jan 10, 2017 00:29
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Police Automaton posted:I don't know who any of that is. paper mario is mario but he is made of paper
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Jan 10, 2017 00:42
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Paper Mario is good
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Jan 10, 2017 00:48
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420 SWAGLORD posted:A trust redeems the winning ticket for you and can then pay out however much you decide yearly, at which point you pay tax on the payouts at a much lower rate than you would have on the lump sum. The pro move is to pull out like 50-100k a year and pour most of it into "business expenses" that coincide with your hobbies, and pay almost nothing. Another advantage of this is that with a big enough principal and a reasonably sized payout you can do this literally forever, as you are just pulling from the interest. You never have to work again and neither do your children's children. Win the lottery, then do a bunch of shady stuff that waves as many red flags as possible, all for strictly tax avoidance purposes. Surely your taxes won't be under any scrutiny after having won, and you'll just slide right by. Also, trusts income is generally taxed to beneficiary whether paid out (distributed) or not.
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Jan 10, 2017 02:59
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CPA Hell posted:Win the lottery, then do a bunch of shady stuff that waves as many red flags as possible, all for strictly tax avoidance purposes. Surely your taxes won't be under any scrutiny after having won, and you'll just slide right by. Also, trusts income is generally taxed to beneficiary whether paid out (distributed) or not. No man trusts are a magical shield against taxation. Just make a trust and the government is powerless to steal your money. You just have to know your rights. I do not consent.
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Jan 10, 2017 09:29
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Actually no one has to pay taxes at all because they're not specifically outlined in the constitution so suck on that Obama
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Jan 10, 2017 10:17
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Paper Mario doesn't talk, doesn't have much in terms of opinions, but he does have a laugh. I hope that lady isn't going to try to kill Paper Mario in Finland. 
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Jan 10, 2017 15:12
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Police Automaton posted:I don't know who any of that is. It's like how ten years ago you'd have Console Wars where people would get seriously mad about video game choices, now goons are all older so they get mad about tax code and also video game choices (the xbox one has the wrong kind of ram) quote:The confession about demons/demonology spurred me to send this in. I'm gonna be honest with you, this sounds believable both as a story and as a family legend and I'm not really sure how your conclusion after hearing everything is "ok SOME possessions are real though". I dunno, I'm not Catholic and haven't really spoken to any serious Catholics about demons, maybe it's A Thing for them  quote:I work in the medical field and my hospital recently got these robots. They are basically little roving pharmacies; they follow a path and take meds to each patient's room, drop them off, then leave. Speaking as a guy who has programmed robots, this story is of course horsefeathers, but on a more fundamental level, I'm trying to imagine being intimidated by a pill mailman robot
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Jan 10, 2017 16:04
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I don't get the trope that people possessed spread poo poo and vomit everywhere. Thats not demonic, just unclean.
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Jan 10, 2017 16:08
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