Taking on the IRS and Winning

Facing a Giant

If you have ever experienced an audit by the IRS or had your tax deductions denied you have probably experienced the powerless feeling of being up against an impossible opponent. You may have taken some initial steps to appeal the decision, but then fell short of a victory and decided to concede to the formidable adversary. If you won the battle you are among the lucky few. Most taxpayers fold under the pressure of fighting the IRS, even when they feel strongly that they are in the right.

A Bold Move

According to a recent Wall Street Journal article, a nurse from Maryland has won just such a case against the IRS. In 2006 Lori Singleton-Clarke filed her tax return for the previous year and included among her deductions $14,747 in tuition expenses for the M.B.A. that she had been earning online through the University of Phoenix. The professional who prepared her return advised her to include this deduction, statin! g that her situation fell within the stringent rules for claiming this type of deduction. … click here to read the rest of the article titled “Taking on the IRS and Winning“