Taxes Information
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Next Taxes Topic : Tax Trap #4 -- The Quagmire of Depreciation - If you are a Small Business Owner or Self-Employed Person,
there's one especially lucrative tax break that not only
puts money in your pocket, it also makes the filing of
your business tax return much simpler.What am I talking about? It's called the Section 179
deduction, and if there's one tax break you need to
understand, this is it. He...[ read more]
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Tax Jokes and Quotes
Do you realize that some tax forms ask you to check a box if you are BLIND? Quote: "Two years ago it was impossible to get through on the phone to the IRS. Now it's just hard to get through. That's progress." -Charles Rossotti, former IRS Commissioner Disappointed that you never had time to write the great American novel? Don't fret, just go dig out your past tax returns. Quote: "The Eiffel Tower is the Empire State Building after taxes." Under the Freedom of Information Act, a man with a small business sent a request to the IRS asking if they had a file on him. The IRS wrote back, "There is now." Quote: "It would be nice if we could all pay our taxes with a smile, but normally cash is required." Q: Who audits IRS agents? Quote: "Next to being shot at and missed, nothing is quite as satisfying as an income tax refund." Q: How do you drive a CPA insane? A: Fill out Form 1040EZ. Quote: "The government deficit is the difference between the amount of money the government spends and the amount it has the nerve to collect." Why is it that when the IRS loses a tax return, it is considered a mistake, but when you lose a receipt, it is considered tax evasion? Quote: "The wages of sin are death, but by the time taxes are taken out, it's just sort of a tired feeling." Q: How do you humble a person that flaunts their wealth? A: Have them fill out a tax return. Quote: "Even when you make a tax form out on the level, you don't know when it's through if you are a crook or a martyr." Q: Why is a tax audit like a tornado? A: There's a lot of screaming and you end up losing your house. Quote: "When are we going to be allowed to list the government as a dependent?" People often say death and taxes are the same, but this is wrong. Death is a taxable event, but taxes never die. Richard Chapo is CEO of http://www.businesstaxrecovery.com - Obtaining tax refunds for small businesses by finding overlooked tax deductions and credits through a free tax return review.
Related Products For Download: Read Next : Tax Trap #4 -- The Quagmire of DepreciationIf you are a Small Business Owner or Self-Employed Person, there's one especially lucrative tax break that not only puts money in your pocket, it also makes the filing of your business tax return much simpler.What am I talking about? It's called the Section 179 deduction, and if there's one tax break you need to understand, this is it. He...
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