re I have been audited 5 times:
You're right. I've never been audited, even though my returns have several "red flags" that increase my odds of getting audited. And, yes, I am cautious. Pushing the rules to the edge of legality seems like a dangerous game, to me.
Add up all the time you've spent fighting all those audits. Multiply by a reasonable $/hour value for your time. Add anything you've spent for professional help (CPAs, lawyers, etc). Have you really saved any money? Isn't this just a game you enjoy playing, to see how much you can get away with? Obviously, if it's happened 5 times, you are doing nothing to avoid it. It's a fun challenge, and it sure is satisfying to "Fight City Hall" and win. Like your mother did.
As an individual, you have every right to take those risks, using your own money. It might even further the Cause of Democracy, and Safeguard our Precious Freedoms.
But a company's management should always have shareholder value as the first priority. There has been a lot of noise and smoke on this thread about the antitrust case. As a shareholder, the only relevant question to ask about management actions is: does this make the share price go up or down? So far, the answer has mostly been: management actions (I'm talking just about the antitrust issue) have consistently depressed the share price. And, as a shareholder, this doesn't "serve" me at all. |
