Taxable Talk

From the TaxProf Blog, a Washington Post story shows that the IRS spends 60% of its funds for a tuition reimbursement program on administrative expenses. That's 40% for tuition reimbursement. The IRS, of course, reminds us taxpayers that "Charities scams are high on 2005 dirty dozen tax list." Hmmm, maybe the IRS can add its own name to the list and we'll have a baker's dozen on the 2005 list.

Hat tip: TaxProf Blog