Comments on: Timing the death market and other humorous parts of the tax code http://totalcandor.com/blog/2009/08/timing-the-death-market-and-other-humorous-parts-of-the-tax-code/ A Conversation About Income, Wealth, and the Steps in Between Sun, 22 Apr 2012 14:08:55 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Michael http://totalcandor.com/blog/2009/08/timing-the-death-market-and-other-humorous-parts-of-the-tax-code/comment-page-1/#comment-147847 Michael Wed, 16 Sep 2009 17:51:35 +0000 http://totalcandor.com/blog/?p=723#comment-147847 @Justin: Awesome! Thanks for sharing. @Justin: Awesome! Thanks for sharing.

]]> By: Justin http://totalcandor.com/blog/2009/08/timing-the-death-market-and-other-humorous-parts-of-the-tax-code/comment-page-1/#comment-147844 Justin Wed, 16 Sep 2009 17:49:07 +0000 http://totalcandor.com/blog/?p=723#comment-147844 I came across a funny part of a tax regulation a few months ago. There is a part of a regulation that talks about how long to keep an appraisal in your records. The tax regulation says this: "for as long as it may be relevant in the administration of the internal revenue laws." I don't think anyone actually knows what that means. In fact, I think that the people who write the tax laws and regulations actually get paid by the word, and that phrase gets them a whole lot more money than simply writing "forever" would. I came across a funny part of a tax regulation a few months ago. There is a part of a regulation that talks about how long to keep an appraisal in your records. The tax regulation says this: “for as long as it may be relevant in the administration of the internal revenue laws.”

I don’t think anyone actually knows what that means. In fact, I think that the people who write the tax laws and regulations actually get paid by the word, and that phrase gets them a whole lot more money than simply writing “forever” would.

]]>