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The IRS has issued Notice 2008-14 (pdf link) that lists tax return arguments that the IRS has deemed to be frivolous. This is important because taking one of these positions on your return may subject you to a $5,000 penalty and another $10,000 penalty if you insist on taking your case to court and waste the court’s time as well.

The IRS has issued various Revenue Rulings in the past few years detailing many of the positions and why they are bunk. Each of the RRs are cited in the Notice so that you can look them up for more detail on what each position entails. This Notice is a yearly reminder that the IRS does not tolerate such tomfoolery.

As I’ve advised before, if a tax return preparer or midnight huckster claims that they have a secret formula that keeps you from paying taxes run the other way. There is no legal way for you to not pay your income taxes, just ask Wesley Snipes.