When the annual reckoning with the IRS rolls around, their willingness to help out entitles them to write-offs for unreimbursed expenses incurred while they do volunteer work for rescue groups like the Humane Society of the U.S and the ASPCA.
The courts often have to resolve the troublesome question of whether a tax-free "gift" was actually a payment for services rendered. Not surprisingly, the question has come up when the IRS insisted on its share of sizable amounts received by women from men who weren't their husbands.
"It is standard IRS policy to send the crashed hard drives of our former Exempt Organizations Division directors to deposed Nigerian or Haitian princes when said hard drives are requested," explained IRS Strained Credulity spokesperson Whitcomb P. Abernathy.
We hear so much these day about banks and companies that have become so large they are unable to manage themselves -- that there are so many layers of bureaucracy that illegal and unethical behavior can go undetected for years.
A Kentucky professional who owns his own business found that he missed getting the Health Care Tax Credit. For the past four years! Since the credit is worth 35 percent of what he is paying in health insurance, his business lost out on about $40,000.
In American Tax Resisters, Romain Huret, a professor of American History at the University of Lyon 2 in France, reminds us that anti-tax crusades have deep roots in American political culture, dating back to the Boston Tea Party.
With tax season upon us, taxpayers are not the only ones preparing for tax filing day. The Internal Revenue Service warns consumers that there are sophisticated scams targeting taxpayers throughout the country.
The IRS prohibits any deduction for the cost of personal advice, counseling and legal action in a divorce. For example, there's no write-off for what a husband spends to resist his wife's demands for more alimony or to set aside a pre¬nuptial property agreement.