Tax Protestors Face Stiff IRS Penalties
Автор: Kim & Rosado LLP
Загружено: 2022-05-09
Просмотров: 48
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Tax Protestors Face Stiff IRS Penalties
There is a large movement in this country that fashions various arguments for why the tax law is illegal or inapplicable. Millions of books and courses have been sold on this topic. Adherents, usually following instructions laid out by the promotors of these arguments (some of whom have gotten wealthy promoting these ideas), file tax returns that show no tax due or claim huge refunds based on these arguments. Nevermind that courts have considered and rejected these arguments. Those who advance these positions are often termed tax protestors. But taking these positions can be costly - the Internal Revenue Code imposes a $5,000 penalty on frivolous or tax protestor type tax filings.
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