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Saturday, February 20, 2010

Taxes Keep Getting Worse.

http://findarticles.com/p/articles/mi_m1272/is_2707_132/ai_115405768/
IRS's "free" advice often wrong

The Infernal Revenue Service Agents who answer the telephone are wrong between 20% to 35% of the time.

http://money.cnn.com/2010/02/19/news/economy/tax_cheating/index.htm
Are you a tax cheat?
"People can't figure it out so they just put down a number that seems pretty good to them," he (Mark Luscombe, a tax analyst at CCH) said. "The laws get more and more complicated each year and people just have less time to figure out the right way to do it so they might try to cut some corners."

If I understand this comment correctly you are a tax cheat if you don't understand the collection of loopholes known as the United States Tax Code and you make a mistake when filling out your own return.

I wonder if Mark Luscombe, a tax analyst at CCH, was including the Infernal Revenue Service Agents who answer the telephone and provide incorrect advice to people trying to prepare their own tax returns?

A recent survey said that 13% of those polled believe that cheating on your tax return is acceptable. This is up 4% from the prior year. This is less than the percentage of tax cheats that Barack Hussein Obama has nominated and appointed to political office. The increase in tax cheats is good, as the rate of increase in tax cheats is less than the current inflation rate. And at this rate, it will take more than 20 years for 100% of the people to believe that cheating on your taxes is acceptable. Long before then the tax code will have gotten so complicated (new taxes and new exemptions), that even with paid professional help, it will be impossible to prepare a tax return correctly.

Although you may not need to worry about the future complications to the tax code. With the rate of the current economic recovery, we may all be unemployed and thus no longer need to file returns.

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