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US tax laws are monstrously complicated. There’s a couple thousand pages of tax code, along with close to 10,000 pages of IRS regulations, that you won’t unders
by AmericanChopper 5y ago
US tax laws are monstrously complicated. There’s a couple thousand pages of tax code, along with close to 10,000 pages of IRS regulations, that you won’t understand adequately unless you’ve also studied the many tens of thousands of pages of related case law. There is no single person alive who fully understands US tax laws, and even a well resourced team of people likely won’t when combined.
It’s possible to understand it well enough to get by, but you’re pretty much guaranteed to make mistakes in one way or another, and some of those mistakes are pretty much guaranteed to be criminal offences. You could live your whole life without that ever becoming an issue, but the gamble you’re taking isn’t that you’re never going to make a mistake (you will), it’s that the IRS will never commit any considerable resources to investigating your mistakes.
- UncleMeat 5y agoThere is a ton of tax code, but if you have W2 income in one state and only contributed to a 401k then virtually none of those pages of laws apply to you. Most people fall into this category. Genuine errors on your taxes are also not criminal offenses.
- NikolaeVarius 5y ago> some of those mistakes are pretty much guaranteed to be criminal offences. Unless there is malicious intent, the IRS does not give a fuck. They will bring it up, and ask you to fix it.