I think the strategy is let them withhold just enough income so that you still owe when it comes time to file because if you don’t withhold enough you could be charged a tax penalty for under-withholding. It’s BS but it’s the IRS rules. However, most people won’t be subject to this unless they get on the IRS’s radar and get audited, then they will access fines and interest on any penalties from years past. Personally, I always considered my tax strategy a failure if I get a refund. I try to target to be within 90% of what I owe.
I got audited multiple times, it is extremely hard to bullshit the IRS. See, legally it's not a crime to under withhold your income. Practically, the IRS even lets you do it on the W4. What I find ironic with these assfucks, is that they will spend 50,000 or more to audit someone to recoup 15,000 in lost taxes. The entire agency is just a complete waste of time, and finds new and innovative ways to waste as much money as is humanly possible
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