Don’t Follow Ex-Nets Star’s Playbook; Make Your Case to the IRS

Welcome to the first installment of a weekly column from Kelly Phillips Erb, the TaxGirl. Erb will offer commentary on the latest in tax news, tax law, and tax policy. Look for Erb’s column every week from Bloomberg Tax and follow her on Twitter at @taxgirl.

Tax is all about deadlines. But what if you can’t meet those deadlines because of your circumstances? If it’s nearly impossible for you to comply with the law, shouldn’t you get a break? Perhaps, but a recent Tax Court memorandum makes it clear that it’s the taxpayer’s burden to prove that the failure ...