IRS Instructions as Clear as Mud, Even to the IRS

Tax time is just around the corner and that means it will be time once again to comb through all the jargon that is IRS tax forms. Many taxpayers have long bemoaned tax forms and instructions as just plain confusing and in some cases, downright sinister. However, even though filing taxes on your own accord can be a risky proposition, as long as you stick to the code and follow the IRS’s instructions carefully and exactly, you should be OK, right? Well, not necessarily.

What? How could that possibly be true? The fact is tax instructions don’t actually fall under the tax law. So, in reality, you could even follow the instructions on a tax form with exactness and still end up with an error. Of course, the IRS would understand if that happened to you, right? Well, not exactly. Many taxpayers have used this argument to no avail. In most instances, the courts side with the IRS and rarely hold the agency to what is written in its forms and instructions.

That’s because, unfortunately, according to legal precedence, the only things that hold up in court as tax law are regulations, official statutes and judicial decisions. That means even if you fill out your tax forms incorrectly and it’s the IRS’s fault, you will still be held accountable for those mistakes. It doesn’t seem fair that the IRS is ultimately not responsible to write correct instructions, but nevertheless when it comes to the IRS there isn’t too much that does seem fair.

Posted in
Intersection of Law and AI with Paul Callister

Intersection of Law and AI with Paul Callister

This week Host Alan Olsen interviews  Paul Callister, a dynamic individual with a diverse background, takes us on a journey through his educational path from chemical engineering to philosophy, followed by his transition from practicing law to becoming a law librarian and professor. As a former attorney in a family law firm, Paul sought to…

Growing Your Business Mindset with Ruben Resendez, President of adHere, Inc

Growing Your Business Mindset with Ruben Resendez, President of adHere, Inc

Transcript: Alan Olsen Hi, this is Alan Olsen and welcome to American Dreams. My guest today is Ruben Resendez. Ruben. Welcome to the show. Ruben Resendez A thank you so much, Alan, so Good seeing you again. Alan Olsen So Ruben, you have a very unique background and one that you’ve accomplished a lot within…

Democratizing Creativity: Dan Gedman and the Impact of Technology in Filmmaking

Democratizing Creativity: Dan Gedman and the Impact of Technology in Filmmaking

Transcript: Alan Olsen Hi, this is Alan Olsen and welcome to American Dreams. I’m busy here today with Dan Gedman. Dan, welcome to today’s show. Thank you. So Dan, you have a lot of great experience of diverse industries. And, you know, in American Dreams, we’re all about problem solvers have people’s path in life…

From Combat Boots to Investor Suits with Jason Lehtinen, Managing Director at Collaborative Capital

From Combat Boots to Investor Suits with Jason Lehtinen, Managing Director at Collaborative Capital

Transcript: Alan Olsen Hi, this is Alan Olsen and welcome to American Dreams. My guest today is Jason Lehtinen Jason, welcome to today’s show.   Jason Lehtinen Thank you Alan, its a pleasure to be here.   Alan Olsen So Jason, you have a unique background and I know in the in your past you’ve…