What Language Do Your Clients Speak With You?

[JohnH]

This entire article was worth a look just for the enjoyment of reading the last sentence.

http://online.wsj.com/article/SB10001424052970203706604574376720192072820.html

[Burke]

Unbelievable.

[veritas]

here's one

Taxpayer comes in finally with 2008 tax info. I'm looking through a hud-1 which shows disbursements to someone in the 6 figure range.

Me- Who is Mr Blank?

client- son in law, gave him money to build addition on his house for me.

Me- Oh, you gave a gift?

Client- Noooooooooooooo! It is money for the addition.

Me- do you have ownership in the property?

Client -no

Me- then it's a gift.

Client- No I loaned the money.

Me- explaining the rules, plus adding son in law is going to freak out.

I expect a call soon from son in law.

him-The money is for her addition it's not a gift.

Me- The donor is responsible for the tax on the gift.

Him- I don't want to pay taxes on that money. I'm going to sue you!

Me- It's just a paperwork thing there is nothing to worry about.

Him- You better not report this!

[Zee]

This entire article was worth a look just for the enjoyment of reading the last sentence.

http://online.wsj.com/article/SB1000...192072820.html

I think most speak with "forked tongue", no? But, that isn't a language, is it?

[gkaiseril]

This individual head the committee that reviews tax code amendments!

If he does not understand the code how can anyone else?