I once cashed out a bunch of savings bonds in the middle of the year and forgot about them. Then I got a nice little love note from the IRS saying they'd corrected my return.

These are people who have been disciplined savers, and if they were disciplined with savings bonds they likely were disciplined with whatever else they were putting their money into. So that would lend itself toward the higher net worth people.

Last year, it wasn't that he all of a sudden forgot how to drive.

There is this loophole, which is strange.

A day trader could have a couple thousand trades while even a more typical investor could still have 20 to 40 trades during a year. If you have a bunch of trades, you'd end having to pay an outrageous tax preparation fee because there'd be so many trades that would have to be typed in.

The grandmother can't take the dependency exemption if the mother claims the child for the Earned-Income Tax Credit any longer under the new rules.