Eight Tax Myths—Lessons for Tax Week

The Tax Code is a puzzle. Whether one views it as an engaging enigma or a ridiculous riddle, everyone has to deal with it and with the agency that administers it: the IRS. And an IRS letter in your mailbox cannot help but bring feelings of dread, even if the contents turn out to be a refund check. It is not surprising then, to find more than a few myths about the income tax and the IRS in our popular and political culture. This is the first of a three-part series dispelling common myths about taxes and the tax system.