One of the more aggravating things about our federal individual income tax system is that it has made us all into dreary little tax accountants, and unpaid dreary little tax accountants at that. It’s bad enough that we must put on our green eyeshades during the tax filing season from January to April 15. But it’s particularly irritating to have to monitor our incomes throughout the rest of the year, the “offseason,” lest we run afoul of the law. Two recent news stories highlight the need to be constantly involved with income taxes. On April 10, the Washington Post ran “Social Security, Treasury target taxpayers for their parents’ decades-old debts.” Marc Fisher related the story of Mary Grice, a black woman, whose federal and state tax refunds had been seized by the federal government for Social Security overpayments to “someone in the Grice family” in 1977: Across the nation, hundreds of thousands of taxpayers who are...(Read Full Article)