Please answer the questions to both topics below.
Topic 1:
The IRS states that, “Each and every taxpayer has a set of fundamental rights they should be aware of when dealing with the IRS.”
Go to the IRS website (https://www.irs.gov/taxpayer-bill-of-rights) and explore your rights and the IRS’s obligations to protect them.
The Taxpayer Bill of Rights lists 10 different rights. Pick two of them to explore in more detail. Explain these rights , and what changes you would you make to improve them.
Topic 2:
Judge Learned Hand, stated in the Helvering v. Gregory case, that:
“Anyone may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury, there is not even a patriotic duty to increase one’s taxes.”
Do you agree with this quote? Do you believe there is a gray area between “tax planning” and “tax avoidance”?
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