ronscarpa Posted August 9, 2021 Report Share Posted August 9, 2021 Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** BobTheTaxMan When you do "cash in" make sure you take care of your tax liabilities. The same day you get it done go take care of it. How do you know how much to pay? This is where you get professional help. You're going to go talk to someone who knows what they're doing. Tell them what you're doing. They'll be able to look at your tax returns and look at your income and figure out what you can expect to pay in anticipated taxes. And then go pay them..! *** Walkingstick The White Papers contain the new exchange rate. That's why everything is being adjusted and implemented with the White Papers. That's why Kazemi wants to talk to you citizens about the White Papers because they are educating you [The Iraqi citizens]... 1 6 4 Quote Link to comment Share on other sites More sharing options...
NWGUY Posted August 9, 2021 Report Share Posted August 9, 2021 Good advise on taxes. Pay your taxes, and don't get too greedy! I am sure that when this hits, the IRS will be all over it looking for more money for the government! This will be a great windfall for us when it hits, and even after paying taxes, we should still be way ahead! It would be a shame to wait all this time, and go through all this aggravation, just to give it to the IRS, and a tax lawyer. 5 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted August 9, 2021 Report Share Posted August 9, 2021 I doubt the IRS/Federal Reserve will still be in existence when this happens but if they are, i agree 100%, pay your share! The Federal Reserve has already been merged with the US Treasury and i know personally the IRS has not been replacing any employees for about 2 years now... There is a reason for these things! 3 2 Quote Link to comment Share on other sites More sharing options...
happygilmores Posted August 10, 2021 Report Share Posted August 10, 2021 "The White Papers contain the new exchange rate" That is speculation at best!!! 1 1 Quote Link to comment Share on other sites More sharing options...
NEPatriotsFan1 Posted August 10, 2021 Report Share Posted August 10, 2021 57 minutes ago, Longtimelurker said: I doubt the IRS/Federal Reserve will still be in existence when this happens but if they are, i agree 100%, pay your share! The Federal Reserve has already been merged with the US Treasury and i know personally the IRS has not been replacing any employees for about 2 years now... There is a reason for these things! Hope you’re right! 3 Quote Link to comment Share on other sites More sharing options...
screwball Posted August 10, 2021 Report Share Posted August 10, 2021 2 hours ago, happygilmores said: "The White Papers contain the new exchange rate" That is speculation at best!!! if people thinks its in the papers would be wrong..budgets will be based on rate but to put in writing would be silly...... 1 Quote Link to comment Share on other sites More sharing options...
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