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
Jason Borbay on Building an Incredible Art Market Outside the Traditional Path

Jason Borbay on Building an Incredible Art Market Outside the Traditional Path

Jason Borbay’s Unique Journey as a Self-Represented Artist In the world of fine arts, where galleries and agents traditionally play pivotal roles, independent artist Jason Borbay has forged his own path, challenging the conventional norms. Based in Victor, Idaho, Jason has developed a unique business model outside the traditional art infrastructure, building his career as…

3 Keys to Being a Great Girl Dad

3 Keys to Being a Great Girl Dad

Madeline Anderson on how to build strong father-daughter relationships: the story behind “Girl Dad”. Madeline Anderson, Author and Founder of The Girl Dad Network discusses the four stages to the art of successful multi-generational living on Alan Olsen‘s American Dreams Show.    A Realization and a Mission Growing up in Huntington Beach, California, Madeline Anderson enjoyed what she…

Gary Klaben four stages to successful multi-generational living

Successful Multi-Generational Living in 4 Stages

The art of multi-generational living: an interview with Gary Klaben. Gary Klaben: Principal at Coyle Financial, West Point grad, Author, and he possesses firsthand experience in multigenerational living. Gary discusses the four stages to the art of successful multi-generational living on Alan Olsen‘s American Dreams Show. In today’s fast-paced world, the concept of multi-generational living is gaining renewed interest.…

AI Powered Office

Transform Your Leadership: Ultimate Guide to AI-Powered Leadership

Artificial Intelligence has transcended its role as a technological advancement to become a strategic asset in the executive toolkit through AI-Powered Leadership. With the advent of machine learning, natural language processing, and data analytics, AI enables leaders to make more informed, data-driven decisions. The integration of AI-Powered Leadership practices signifies a paradigm shift in how…