Washington Tax Update

July 28, 2010
TAX LAUGHS

This one comes courtesy of humorist Dave Barry.

"I am thinking of such helpful IRS innovations as the Wrong Answer Hotline where, if you're having trouble understanding a section of the IRS Secret Tax Code, all you have to do is call the IRS Taxpayer Assistance Program, and in a matter of seconds, thanks to computerized electronics, you are placed on hold for several hours before finally being connected to trained IRS personnel dispensing tax advice that is statistically no more likely to be correct than if you asked Buster the Wonder Horse to indicate the answer by stomping it in the dirt."

"No problem is so big or so complicated it cannot be run away from." -- Charles Schultz in Peanuts comic strip

 

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The technical information here is necessarily brief. No final conclusion on these topics should be drawn without further review and consultation. Please be advised that, based on current IRS rules and standards, the advice contained herein is not intended to be used, nor can it be used, for the avoidance of any tax penalty assessed by the IRS.

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