Today TaxMama® wants to discuss tax authority in general. TaxMama.com is a terrific service, and provides substantial guidance, pointing you to more information to help you address your tax issues. But do you really think you’ll survive an audit if you say, “TaxMama® says it’s OK?”
As much as the IRS might love, or at times, hate, TaxMama®, TaxMama.com is not a citable source for your tax returns or audits. Eva Rosenberg brings over 30 years of progressively more complex tax experience to you. And Team TaxMama® brings you hundreds more years. But please understand, the purpose of Team TaxMama® is to point you in the right direction – so you can research your issue further, or initiate a sensible consultation with your tax professional.
What can you cite in an audit?
1) My tax professional advised me, preferably in writing.
2) The instructions for a given form.
3) The U.S. Tax Code.
4) The IRS Regulations.
5) Tax Court Rulings or Decisions.
6) IRS notices, procedures and technical guidance.
7) A Private Letter Ruling you requested from IRS.
8) In a limited way, Private Letter Rulings issued to someone else.
9) Other legal citations.
You will find some of these resources in TaxMama’s® Quick Look-ups http://taxmama.wpengine.com/free-member-resources/ .
You will find even more of these resources in TaxMama’s® Family Member Quick Look-Ups http://taxmama.wpengine.com/family-member-resources/
And remember, you can find answers to all kinds of questions about tax authority and other tax issues, free. Where? Where else? At www.TaxMama.com.[Note: If you were subscribed to the e-mailed TaxQuips, you’d be getting other exciting news and tips by e-mail, that never appear on the site. Please click on the join TaxMama.com link – it’s free!]
Please post all Comments and Replies in the – New TaxQuips Forum