Tax Guru – Ker$tetter Letter

After linking to this article a few days ago on the ways to reduce taxes on the sale of a small corporation under Sections 1045 and 1202, I was curious to see how well these topics were covered in my main reference sources.

TheTaxBook has good coverage of these on Page 18–9  

QuickFinders online has them covered in their Small Business and Tax Planning For Small Business Handbooks.

Tax Coach Software doesn’t appear to have any coverage of these.  I will be writing to the authors to ask them to consider adding it to their growing list of tax planning modules.

When you’re married, IRS doesn’t consider either spouse to be a Head of Household.

Courtesy of the Late Show

10. Everything that goes to the IRS, I lick.

9. Every time I write the number “8,” I draw a hat on top to make it look like a snowman.

8. I try to deduct items that don’t exist, like jimrod… They’ll be figuring that one out for years.

7. With each tax return, include some of your favorite “Yo accountant’s so fat” jokes — like “Yo accountant’s so fat, he gets to claim his giant ass as a dependent.”

6. This time of year, I don’t wear underpants .

5. I don’t think it would be possible to make tax time more fun .

4. Aww crap — it’s tax time?

3. The big stacks of papers on my desk? I pour some maple syrup and eat ’em like pancakes.

2. Every year I get to leave the office for five minutes to be part of this stupid Top Ten list .

1. When I finish my work for the season, I treat myself to a whore.

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