
IRS Slams Taxpayers: Attention to Tax Details Matter
Failure To Pay Attention To Detailed Tax Requirements and Contemporaneous Documentation Can Result in IRS Disallowing Tax Deductions Taxpayers found out the hard way that the documentation rules imposed by the IRS better be followed exactly and to the letter. In Durden, TC Memo, 2012-140, taxpayers claimed a $22,517 charitable contribution for 2007. The IRS… Read more »