The IRS. So many places to go on those 3 letters. Amongst other things they have the fun job of collecting money from U.S. Taxpayers in our "voluntary" tax system. Actually, it is more like an "honor" system than a voluntary system but I digress.
Sometimes, the IRS gets overzealous (imagine that). And when they do, it has been communicated to me by an anonymous source that these are the areas they scrutinize:
These areas are traditionally complex to compute and to communicate. The stakes for reporting these correctly can often be quite high because tax liability can swing greatly in one direction or the other depending on how the rules and requirements have been interpreted. |
Archives
July 2017
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