A key operative from DOGE initiated plans to potentially kill Direct File, the free tax filing tool developed by the IRS, after offering assurances it would be spared from cuts.
You can absolutely fill out your W2 to have no withholdings taken out of your check. I know people who do this and put the money in a high yield savings or investment account.
You can, and when you don’t pay your taxes the IRS will garnish your paycheck for the amount owed plus interest and penalties. Only the truly rich get away with not paying.
I’m not saying they don’t pay their taxes. They just don’t have them taken out of their checks each month. They put the money somewhere it can grow, then pay their taxes with it at tax time.
There are absolutely people who do this. They will pay a penalty for not withholding when they file but they probably still come out ahead even with just a HYSA.
You can absolutely fill out your W2 to have no withholdings taken out of your check. I know people who do this and put the money in a high yield savings or investment account.
You can, and when you don’t pay your taxes the IRS will garnish your paycheck for the amount owed plus interest and penalties. Only the truly rich get away with not paying.
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And your HR department can reject it, then tell you to fill it out correctly.
You’re either gullible enough to believe some Sovreign Citizen tier liars or a liar yourself.
I’m not saying they don’t pay their taxes. They just don’t have them taken out of their checks each month. They put the money somewhere it can grow, then pay their taxes with it at tax time.
There are absolutely people who do this. They will pay a penalty for not withholding when they file but they probably still come out ahead even with just a HYSA.