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

Preserving My Family’s Life’s Work & Legacy

Tom Chatham, Chairman of Chatham Created Gems & Diamonds, Inc., discusses preserving his family’s legacy and life’s work on Alan Olsen‘s American Dreams Show.   Transcript: Alan Olsen Welcome to America dreams. My guest today is Tom Chatham. Welcome to today’s show.   Tom Chatham Thank you glad to be here.   Alan Olsen So, Tom, we’ve had…

Mastering Business Growth with Howard Shore

Mastering Business Growth with Howard Shore

Howard Shore, Founder and CEO of Activate Group Inc. discusses managing, even mastering, business growth and the challenges growing quickly can present on Alan Olsen‘s American Dreams Show. Transcript: Alan Olsen Welcome to American Dreams. My guest today is Howard Shore. Howard, welcome to today’s show.   Howard Shore Alan, thank you for having me.   Alan…

Prosperity and Self-Reliance Zealot Steve Alder

Prosperity and Self-Reliance Zealot Steve Alder

From North America to Ghana, Africa, Steve Alder, President of Ensign Global College (www.ensign.edu.gh), sits down to discuss how a professor helps to build global prosperity and self-reliance on Alan Olsen‘s American Dreams Show. Transcript: Alan Olsen Welcome to American Dreams I’m visiting here today with Steve Alder. Steve, welcome to today’s program.   Steve Alder Thank…

Steve Young on Building an Epic Family Legacy

Retired 49r Steve Young Discusses Building a Family Legacy at the Legacy Builders Event on May 15, 2024 As GROCO celebrates three decades of excellence in family office tax and advisory services, we have developed the Legacy Builders to stands as a testament to the firm’s enduring vision: to transform wealth into a powerful tool…