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
Jordan Devey

Jordan Devey – Professional Football Athlete

The Former Super Bowl Champion, Jordan Devey, shares his story of becoming a champion football player only after playing football for 3 years before college. His persistence of goal setting throughout college football was the key way he made it to the big leagues. Listen to find out how his story can inspire you to…

Wealth Building: Six Keys; Secrets to Becoming Wealthy

The Secrets to Becoming Wealthy

What are the secrets to becoming wealthy?  To become successful?  When it comes to obtaining and holding wealth? [i] The truth is there is not one secret formula to becoming wealthy and staying wealthy. There are many different avenues available for those seeking answers. However, many people use the tried-and-true method of saving and investing.…

Alec Atkinson

Alec Atkinson – Founder of Harvest React

Alec Atkinson, founder HarvestReact. HarvestReact was founded in June of 2021. The company, geared in the a social media marketing realm, helps individuals setup drop shipping stores in the e-commerce realm. Prior to founding HarvestReact, Alec served as a missionary for The Church of Jesus Christ of Latter-day Saints. Alec is also a student at…

Steph Curry with Alan Olsen, CPA

Steph Curry: Undeniable Greatness in 3 Takes

Having met Steph Curry in person, I think I can offer an opinion which might make sense to some.  Namely, very few NBA players are undeniable great.  If you ask any 10 highly informed NBA aficionados to list the top 10 greatest players of all time, you’ll get at least 25 different lists.  It’s impossible…