Mushi caught two mice last night in two separate incidents. Had those mice been allowed to roam freely in my house and run across my desk during a client interview, it could have greatly reduced my client retention ratio for next year. Therefore, I am going to deduct his food, liter, and vet bills as the cost of extermination under outside services.
Announcement
Collapse
No announcement yet.
Off-topic about a cat
Collapse
X
-
See United States v. Fletcher No. 02-2307 (8th Cir 3/06/03)
James Otis & Company (JO&C) provided tax consulting, tax preparation, and audit representation services to self-employed taxpayers. Donald Fletcher conducted seminars for prospective JO&C clients, during which he advocated reducing or eliminating tax liability by converting what appeared to be ordinary personal expenditures into tax deductible business expenses. He told the prospective clients that JO&C knew of "secret" provisions hidden in the Code -- provisions that accountants and attorneys were not trained in -- and spoke about deducting a cat as a rodent control device, the cost of dog food as a security device, and the cost of a bird as aerial surveillance. Clients who were persuaded to use JO&C's services signed a participation agreement agreeing to pay JO&C either a percentage of their gross income or a percentage of the tax savings generated by JO&C's services. Based on advice and assistance provided by JO&C, one client who operated a home day care center deducted veterinary and food costs for her family pets as security and rodent control expenses. A doctor and his wife deducted as a security expense $17,384 in health care costs incurred for the heart condition of the wife's intravenously fed, non-mobile, eleven-year-old German shepherd. A dentist deducted $12,000 in wages allegedly paid to his minor children when no such wages were ever paid
Comment
-
Cats, dogs, or clients. What's the difference?
If you post something about a cat there are many more chances of getting responses then if you ask a tax or ethics question about partners A and B. Partner A is the friendly, sweet one and B is the b......
Perhaps it will help to name them Buttercup and Hairychest.
Jeannie
Comment
-
I knew an "A" & "B"
Years ago I had a client who had twin sons, both of which he had named "Ernie". One was "Ernie A" and the other was "Ernie B". Neither the "A" or B" was the initial for a middle name - they were simply "Ernie A" and "Ernie B".
This is a true story, and sometimes I thought the family might have been good candidates for a "Bob Newhart" episode. Do I need to add that this took place in North Carolina?"The only function of economic forecasting is to make astrology look respectful" - John Kenneth Galbraith
Comment
-
I can see where this thread is heading
Originally posted by S T View Post
...dogs or cats, can provide stress relief and are calming.
...cuddles for "pettings" during client interviews and provides stress relief to the clients during the tax appointment, I could deduct...bills?
I'm pretty sure she would have qualified under the criteria established in this and other posts (1) Business picked up sharply and immediately, as guys who previously said "The wife handles my paperwork" displayed a surprisingly newfound curiousity about the details of the tax code (2) A few male clients privately expressed a wish to "cuddle" with her (3) The jury's still out on the stress factor -- she may have caused as much as she relieved.
Expenses; expenses. Hmmm.....what could I justify?
Comment
-
Seems pretty clear
Originally posted by veritas View PostJames Otis & Company (JO&C) provided tax consulting, tax preparation, and audit representation services to self-employed taxpayers. Donald Fletcher conducted seminars for prospective JO&C clients, during which he advocated reducing or eliminating tax liability by converting what appeared to be ordinary personal expenditures into tax deductible business expenses. He told the prospective clients that JO&C knew of "secret" provisions hidden in the Code -- provisions that accountants and attorneys were not trained in -- and spoke about deducting a cat as a rodent control device, the cost of dog food as a security device, and the cost of a bird as aerial surveillance. Clients who were persuaded to use JO&C's services signed a participation agreement agreeing to pay JO&C either a percentage of their gross income or a percentage of the tax savings generated by JO&C's services. Based on advice and assistance provided by JO&C, one client who operated a home day care center deducted veterinary and food costs for her family pets as security and rodent control expenses. A doctor and his wife deducted as a security expense $17,384 in health care costs incurred for the heart condition of the wife's intravenously fed, non-mobile, eleven-year-old German shepherd. A dentist deducted $12,000 in wages allegedly paid to his minor children when no such wages were ever paid
Still, I wonder what an IRS agent would say about a reasonable "security" expense (I've heard of junkyard owners deducting guard dog expenses). Suppose somebody had an office in a bad neighborhood and bought a firearm to keep there for protection. Is that deductible?
Comment
-
JohnH, you think fast on your feet
--- to be from North Carolina.
From the mountains to the sea, intelligence is scattered at the same rate as those in the population who see no reason to replace misssing front teeth and no reason to remove junked cars from their front yard.
But it has nothing to do with whether you have a dog or a dog guarding your business.
Back to the subject of sweaters - We did have a client call in for an appointment and asked if we offered any other services while men was waiting like a massage or a tanning booth. Strange.
Comment
-
Actually,
Originally posted by JohnH View PostYears ago I had a client who had twin sons, both of which he had named "Ernie". One was "Ernie A" and the other was "Ernie B". Neither the "A" or B" was the initial for a middle name - they were simply "Ernie A" and "Ernie B".
This is a true story, and sometimes I thought the family might have been good candidates for a "Bob Newhart" episode.
Do I need to add that this took place in North Carolina?
Odd thing, though -- I've noticed that many people are who are quite strictly politically correct and would be outraged if such references were made to ethnic groups and their environment, think nothing at all of vile and crude stereotyped remarks about those they lump together as "Southern trash," i.e., toothless, tobacco-chawin', redneck ignoramuses. It's one of the few remaining groups that it's still "safe" to disparage and I suppose there's always a need to be superior to somebody.
Comment
Disclaimer
Collapse
This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.
Comment