It used to be that when the IRS discovered you’ve been claiming a child who is actually a 50-pound Labrador retriever named “Billy,” everyone would have a good laugh. Not any more. The Treasury Department says it will be cracking down on “aggressive tax deductions” filed by U.S. taxpayers in order to keep the federal government from being bilked out of hundreds of millions of dollars — money that could otherwise be spent on important federal programs, such as the Government Shutdown Caribbean Getaway Fund.
As a service to our readers, several of whom are actual U.S. taxpayers, we thought we’d contact some of the brightest minds in tax law in order to clarify what we can still get away with. Unfortunately, everyone was too busy working on the Osbourne family’s latest tax returns to help us so, as responsible members of the news media, we were left with only one option:
Forget taxes and talk about The Bachelor!
Just kidding. We rolled up our sleeves. Got on the Internet. Made phone calls. And eventually came up with some real-life tax claims you should NOT make unless you want to end up in jail, or worse, on the computer screen of a humor columnist trying to meet a deadline. Continue reading