“The Taxpayer Advocate Service, which is an independent office within the IRS, has just released a two-volume report describing the mafia tactics that are being employed by the tax collectors in the Land of the Free. The Executive Summary alone is 76 pages. And believe it or not, it’s a real page turner. Among the most litigated issues at the IRS, the report states that ‘taxpayers fully prevailed only about two percent of the time.‘ You have more than a 2% chance fighting against the mafia. Moreover, the byzantine US income tax code, which runs to an incredible 72,000+ pages, ‘disproportionately burdens those who [make] honest mistakes‘, especially as it relates to offshore disclosures.”
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