Nobody likes paying income taxes, but refusing to pay based on some high-minded moral grounds could cost you a big fine and maybe jail time.
In an effort to keep folks out of the pokey, the IRS today issued its annual warning against using “frivolous tax arguments” to keep from paying Uncle Sam his due.
“Anyone who contemplates arguing on legal grounds against paying their fair share of taxes should first read the 84-page document, The Truth About Frivolous Tax Arguments.
“The document explains many of the common frivolous arguments made in recent years and it describes the legal responses that refute these claims. It will help taxpayers avoid wasting their time and money with frivolous arguments and incurring penalties,” the IRS says in a press release.
Like I said, the feds really don’t have a sense of humor.