this post was submitted on 01 May 2025
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You know what happens if you fail to report some income? You get a notice 6 months later for the amount owed. That's it. It's no hassle at all.
It's ridiculous that the US doesn't send a tax bill to citizens like is done in other countries. You get the bill, amend it if there's anything they missed, and send it back. If they know enough to audit you, they know enough to send the tax bill.
The reason the US doesn't do that is thanks to lobbying by companies like Intuit and H&R Block.
It has more to do with legislators using the tax code as a way to give away money for certain activities than tax prep lobbying. It's also a lot of fear mongering by those companies, and a general lack of reading comprehension. If you don't have to file quarterly, your taxes are likely very easy.