Accountant Laws

[Jiggers]

The 11th Commandment

"I didn't make any money on that transaction" does not fit on any known tax schedule, form, or line on the tax return.

(I have seriously asked clients where I should put that statement on their return and only received a "DUH!" look!)

[sea-tax]

Wow jiggers good work ! I will allow them they all seem good laws to me.

Mind you these are laws not ammendments.

[Jiggers]

The 12th Commandment

Thou shalt keep a mileage log to prove the business use of your vehicle.

"Surely, this log thing doesn't apply to me" is not usable in an audit!

[Bird Legs]

Sold that property in 2005

Just wanted to report it in 2006 because I will have less income, therefore my tax would be less.
WHAT!!!!you mean you have to report it in the year you sell it?

[jainen]

more of a custom

>>report it in 2006 because I will have less income<<

I think this is more of a custom than a law.

[Jiggers]

The 13th Commandment

Thou shalt always keep a sense of humor, no matter what the *&^%+#@ Client says or does!

[Jiggers]

The 14th Commandment

Thou shalt run a professional tax preparation business and lose more clients to the funeral director than to the competition!

[sea-tax]

>>report it in 2006 because I will have less income<<

I think this is more of a custom than a law.

I have to agree with jainen , not sure we can allow that one. But I like the effort.

[sea-tax]

13th and 14th look good to me I second them. btw has anybody been keeping track of these.

[Jiggers]

The 15th Commandment

Thou shalt not question Jiggers' numbering system!

[jainen]

two more

Here's two more. I haven't been able to think of a clever way to dress them up, so they'll just have to stand on their own merits.

Pickup trucks are 100% business--that should be obvious!

Realtors have no personal life. Since everyone is a potential client, everything they do is deductible.

[Jiggers]

The 18th Commandment

Thou shalt not question thy minister/client's tax records!

Do you presume that he shall break the commandment: Thou shalt not lie!

[jainen]

The amount of refund

The amount of refund is less important than how quickly you can get it.

The amount of tax is less important than the amount of penalty.

[newbie]

Proper Tax Authority is not your beautician's brother's sister-in-law's gardener's aunt's cousin who said that her "CPA" said you could do that!

Nor is it the corner pub, where so many clients get such great advice.......(hiccup, hiccup)!

[Joe Btfsplk]

Donation deduction

I forgot to tell you I gave a contribution to Willaim Jefferson's re-election campaign.