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
Vic Merjanian

The Next Gen 911 | Vic A. Merjanian

Interview Transcript of: The Next Gen 911 | Vic A. Merjanian Alan Olsen: Can you share a little about your background with us?   Vic A. Merjanian: Many years ago I was at UCSD as an undergrad and I found myself in situations with friends with family and we needed help. But there wasn’t really an…

The Biggest Side Job Mistake

Everyone Wants To Make More Money Who doesn’t want more money? For many that means picking up a side job to earn a little more cash. There are literally hundreds of side jobs out there and while most are only good for a few extra dollars, some can bring in enough to be a significant…

Ken Carlson

How One Man’s Film Brought Peace to a War Torn Region | Kenneth Carlson

Transcript: Alan Olsen: Can you tell us a little about your background?   Ken Carlson: I graduated from Brown University in 1986 and I played football there. I got offered scholarships around the country to play and I decided to go Ivy League and got a great education so it kind of started me off…

Jim Hedges; Art

Art As An Investment | Jim Hedges

Interview Transcript For Jim Hedges, Art as an Investment, By Alan Olsen, Host of the American Dreams Show Alan Olsen: Welcome back. I’m here today with Jim hedges. Welcome. Jim Hedges: Thanks so much for having me. Alan Olsen: Jim, for the guests. Can you give us the background of what inspired you to do…