It's April 1... and taxpayers are the fools?
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Two weeks from today, you are going to have to file your taxes. Are you ready?
Well, if you’ve got any questions, don’t bother calling the IRS. Chances are, they won’t even pick up. We're in the midst of the most confusing tax season, ever -- but 6 out of 10 calls to the IRS are being ignored.
IRS Commissioner John Koskinen is blaming budget cuts for the lack of response. But I think it is just a lot of angry workers saying “I just can’t be bothered.”
However, according to Art Laffer, former economic advisor to President Ronald Reagan, you might not be at a loss if you can’t get an IRS agent on the line.
“If I remember correctly, the answers they give – on balance – 80% of the answers they give are wrong as well,” says Laffer.