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- Feb 23, 2019
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I guess the question is was he always talking shit about DSP or is it a case of broken pignosis?
I guess the question is was he always talking shit about DSP or is it a case of broken pignosis?
View attachment 4178279
I guess the question is was he always talking shit about DSP or is it a case of broken pignosis?
My theory on this: Go_Team_Venture person is a literal wheelchair like Sidella, Rob, Jayde Rasmussen and Derich, and DSP probably has regular contact with this person behind the scenes (email, DMs etc.). Just look at how DSP treats them in this very specific way by always giving them a shout-out even if there's no money attached to the message, and always saying hello and goodbye when they join/leave the stream.
Imagine the smell of rotten flesh…
he doesn't have an accountant, just h&r block that fills out his 1040ez for him. He doesn't have a business as far as the IRS is concerned, is a sole proprietorship, which is a pass through income/expense, it is exactly the same as a normal tax return, he can only write off things if they meet a threshold percentage of his adjusted gross income, but again, the man does not itemize, he takes the standard deduction. He pays the tax guy to gather all his income #'s and put them on the form, only to take the standard deduction, which is $12,950 for 2022.That's exactly his plan.
But at some point the IRS will say no, they don't have to accept his payment plan.
If he owes $20k a year in taxes but only pays $6k a year on his payment plan that's $14k a year being compounded on a debt he can't get rid of, owed to people who can take your house and use violence against you.
I don't know how he sleeps at night.
He won't be giving the itemised accounts to the IRS but he will have itemised accounts somewhere, this is what his accountant should be doing. It's a necessary step to calculate how much he owes the IRS.
But I am a Brit, your system might be different to ours but it can't be that different. Somewhere there is an itemised accounts for his business and I'm guessing if the IRS did investigate he would need to hand them over.
I already know that you don't know what you're talking about or you completely misread my post.he doesn't have an accountant, just h&r block that fills out his 1040ez for him. He doesn't have a business as far as the IRS is concerned, is a sole proprietorship, which is a pass through income/expense, it is exactly the same as a normal tax return, he can only write off things if they meet a threshold percentage of his adjusted gross income, but again, the man does not itemize, he takes the standard deduction. He pays the tax guy to gather all his income #'s and put them on the form, only to take the standard deduction, which is $12,950 for 2022.
I swear to the God above that you guys hate Phil so much that you will type retarded shit on the internet in the hope/thought that it will make Phil look more retarded than he is.On your personal taxes you can itemize or take a standard deduction, which I think is what is confusing marlintan. Im sure DSP doesnt itemize on that because for most Americans its correct not to itemize (and its more work, DSP is a GAMER)
If you run a sole proprietorship you absolutely have to report your business expenses to the government on a separate tax form. Its pretty high level but your literally forced to categorize the type of income and expenses you had. You cant just write "business made money" marlintan. I know our boy DSP is a fat retard but there is no way hes not going though and claiming mortgage interest, internet bills, etc to lower his net business profit (which is considered his personal income on his tax forms).
Like Whaler said the goverments three options are to garnish your wages, offer you a payment plan, or send you to jail. The first two options would be undesirable to to IRS so he can pretty safely be expect to be put on payment plans in the long term.
listen you british faggot standard is in the name, it's the same for everyone. KYS faggot. CPA is only needed for PUBLIC companies, as in publicly traded. You would think a english fuck would know they own fucking language.I swear to the God above that you guys hate Phil so much that you will type retarded shit on the internet in the hope/thought that it will make Phil look more retarded than he is.
HOW DO YOU CALCULATE YOUR STANDARD DEDUCTION FIGURES WITHOUT DOING ITEMISED ACCOUNTING?
The choices are:
1. Do itemised accounts in excel or google sheet and calculate the sum of income/expenses to do your standard deduction.
2. Guess the figures
We know Phil doesn't do option 2, he hires a CPA who will go through Phil's bank statements.
He doesn't send the itemised accounts to the IRS, never said this. This is retarded people feeling like they have to comment on stuff they don't understand to make Phil look more retarded... But somewhere Phil will have itemised accounts. It may be in his email inbox or maybe the CPA printed them out for him, but somewhere these exist.
And IF the IRS come knocking next year and asking Phil to explain why someone earning 6 figures can't afford his payment plan or asking him to explain his $40,000/year in deductions from itunes he will be using these itemised accounts to do it.
ALSO, I suspect Phil only started to do Feasting with the Pig to put his doordash addiction on his deductions. There's no other way to explain Phils excitement to spend $80 on food to make $25 in donations. He won't even upgrade his webcam, he won't spend $20 on games people want to see, he asks for donations for a fucking ring light... But will happily spend $80 on food?. I'm not buying that.
What you've just said is absolutely retarded.listen you british faggot standard is in the name, it's the same for everyone. KYS faggot. CPA is only needed for PUBLIC companies, as in publicly traded. You would think a english fuck would know they own fucking language.
Why do you think DSP has always owed several years of back taxes (tens of thousands of dollars)? His great CPA?What you've just said is absolutely retarded.
CPA is for anyone who wants to do their tax return properly, Phils will be more complicated than an average person. A CPA will also sort out all the little tricks that a normal person will miss like claiming a portion of energy bills and his mortgage payment as a business expense. A regular normie will miss this stuff.
How do you calculate the figures for standard duction etc without doing accounting to figure this stuff out? The accounts you build here are the itemised accounts you dent head?
Where do these figures come from if it's not itemised accounts? Does Phil pay a CPA to just guess?
The IRS gives you the amount you are allowed to deduct as a standard deduction as a married person filing as single. That's where I got the $12,950 figure from.CPA is for anyone who wants to do their tax return properly, Phils will be more complicated than an average person. A CPA will also sort out all the little tricks that a normal person will miss like claiming a portion of energy bills and his mortgage payment as a business expense. A regular normie will miss this stuff.
How do you calculate the figures for standard duction etc without doing accounting to figure this stuff out? The accounts you build here are the itemised accounts you dent head?
Where do these figures come from if it's not itemised accounts? Does Phil pay a CPA to just guess?
If you think it's the CPA's job to pay Phils tax bill then you might be the most retarded person here.Why do you think DSP has always owed several years of back taxes (tens of thousands of dollars)? His great CPA?
Dont listen to Marlin, hes an actual dent who was previously subscribed to DSP on twitch. He switched over to detracting after getting a literal brain injury from a motorcycle accident, which honestly doesn't reflect well on detractors lol.If that's true he is really beyond salvation. IDK how the business in US works but I always thought that Dave deducts vidya consoles and games bought on his sole proprietorship business. Moreover, the PC that he buys - at least in EU - could be depreciated for 3 years. It's not much but hey, every cent counts.
WRONGDont listen to Marlin, hes an actual dent who was previously subscribed to DSP on twitch. He switched over to detracting after getting a literal brain injury from a motorcycle accident, which honestly doesn't reflect well on detractors lol.
If you are a small one man business (sole proprietorship) you absolutely have to report to the government your business profit/expenses on a separate tax form. This form is where you would deduct shit like equipment depreciation, business purchases, etc. You literally have to itemize on that form because thats how it has to be filled out. Even if DSP is a fat retard there is no way he is writing only profit on his schedule C and leaving the expenses blank.
i know you're a retard and only here to bait, but god damn.
jealous of? like, if you're gonna troll can you at least put more effort into it than seeing a post where I go "the man has NOTHING" and you hit me with "god DAMN you jealous BRO?"
like fuck me mate, I was doing better when I was 14.
I don't undertsand your whole rant (Either you are a Reddit fag or OIC sock) but this part is bizarre. People tracking his spending and times he logs onto WWE Champions aren't A-logs or anything, if anything this hurts Phil more because it breaks through his lies. Without people like PoP or TJGamebox we would never have as much proof he is a gacha addict as we do.