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
Effectively Managing Your Goals

Effectively Managing Your Goals

Effectively Managing Your Goals In effectively managing your goals, you need to know where you are going, start with the end in mind. In order to do this, it is important to establish an effective process to carry out your goals. Some goals may take only days to accomplish while others may take years. In…

What do both Goal Failure and Goal Success have in Common?

What do both Goal Failure and Goal Success have in Common? The other day I was asking my 12-year-old son how basketball practice went (he is playing goal success goal failure with a new year-round competitive team), and how he feels he is doing. He said, “Good.” That’s the typical answer I get from him,…

influential leader

Becoming an Influential Leader

Becoming an Influential Leader Who are the most influential business leaders the world has known? Would it be the CEO of a multimillion-dollar corporation? Maybe it is someone that is not as well known; someone within your community who has set an exemplary example of leadership. Some individuals have innate qualities that make them born…

Agile Stacks | John Mathon

Agile Stacks | John Mathon

Agile Stacks | John Mathon Transcript Alan 0:02 I’m here today with John Mason. John is the founder of agile stacks and also CEO. John, welcome to today’s show. John 0:09 Thank you. Good to see you here. Alan 0:10 So agile stacks. You know, for the listeners, before we get into the company, let’s…