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Has anyone gone CAIA route ?
What are your long term salary goals?
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Has anyone gone CAIA route ?
What are your long term salary goals?
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I usually itemize the $40,000 standard deduction. That’s usually da best
This question does not make sense. The standard deduction is set. Nothing to phase out. And you can’t “itemize” a standard deduction. You either take the standard deduction or you itemize
You can’t arbitrarily pick a number to itemize. Whether or not the IRS catches you that’s fraud. I really hope you don’t prepare tax returns.
This question makes me so nervous for you. Tax fraud is a federal crime. Be honest on your taxes, the extra thousand you’d get isn’t worth time in a federal prison
As long as you have legitimate items to itemize, there should be no red flags
K cool. I’ll just do the right thing and take no risk then. Thanks guys!
Please tell me you’re not in tax
In addition to the above, please tell me you aren’t a cpa asking this question
Wtf is this lol
Also — a CPA at a global firm can’t give the excuse that you didn’t know you had to keep the records if you do get audited. And the fraud penalty is 75% of underpayment plus substantial understatement/negligence is 20%. Oh, and you might lose your ability to practice before the IRS and be reprimanded by your BOA. This is probably the dumbest question I’ve ever seen on this platform
Don’t do this. The only way you’re going to get around this is if you paid a lot of state income taxes and push medical and charitable contributions above realistic numbers. I used to to IRS audits and you’d be surprised at the amount of information the IRS has and throw large numbers into medical expenses as a fully employed person with a global firm it going to raise a flag. If you’re not making a ton of money, throwing a substantial amount down into charitable contributions will also raise more flags. Benefit is not worth the risk and penalties