...One of the most Orwellian of these nineteen new tax hikes is something called the "codification of the economic substance doctrine." This new law gives blanket authority to the IRS to deny to taxpayers perfectly-legal tax deductions and tactics. The only standard the IRS must assert is that the action was done merely to lower the tax burden (as if that's a bad thing), and not for any economically-substantial reason...Now, the IRS has developed a new tax form ("Form UTP") which compels companies to disclose tax positions which are or might be red flags in an audit. Yes, you read...