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September 04, 2010

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Michael

This is one of the central reasons that I've used personal tax software (Intuit) for some many years - it's thorough application that covers most (if not all) of the forms and filing standards. While not 100% reliable in all cases, it's been good to me. Couple that with the forward compatibility of previous data and warnings when large year-over-year changes are noticed and I have considerable faith in the Intuit brand (and have never needed to feign polite with an IRS auditor.)

I could see how it would be a bit like picking a fight with a police officer, you're essentially powerless, and grabbing at anger and frustration will only get your hole deeper.

And as they say - what's the first thing you do when you notice you're in a hole?

Stop digging.

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    A reader should seek advice from an independent tax adviser with respect to the information on this blog based on the reader’s particular circumstances. This advice is intended to be general information and cannot be used for the purpose of avoiding penalties that may be imposed by the IRS regarding the transaction or matters discussed here.
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