Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

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Dave’s Top Ten

Posted by taxguru on April 16, 2004

Once again, David Letterman failed to invite me to be part of his annual Tax Day Top Ten. Of course, my being 1,200 miles away from the Ed Sullivan Theater does make it a bit more difficult.

Top Ten Things You Don’t Want To Hear From Your Accountant

10. “Listen, I’m not good with math”

9. “The good news is you’re getting a huge refund — the bad news is you’ll have to hide in Costa Rica for a while”

8. “I’ll gladly waive my fee for a night with your wife”

7. “Hey, get me a drink!”

6. “Do you have any dedemptions or exuptions or whatever?”

5. “Relax, everything here will be fine — I used to work for Enron”

4. “Screw the computer — I do all my work on an Etch-A-Sketch”

3. “What’s your rush? The deadline is June 15th, right?”

2. “You can’t claim yourself as your own spouse”

1. “I was late filling your return so I could appear on Letterman”

And the Extras that didn’t make it on the show, but are on the website.

“If I go down, I’m taking you with me”

“Are you cool with tax evasion?”

“Mininum-security federal prisons are actually pretty nice — just ask my other clients”

“What do you call that squiggly number between 7 and 9?”

“If the IRS calls, you’ve never heard of me, okay?”

“Your paperwork might say 1040-ES, but that dress says 1040-EZ”

“Isn’t White-Out delicious?”

“I have this little quirk where I can only fill out tax forms if I’m naked”

“Would you mind if I list my imaginary friend Curtis as one of your dependents?”

“If only there was a machine that could add numbers for you”

“I’m allergic to ink, so I’m going to fill out your form in my own blood”

“See you in six months for the audit”

“For legal reasons, we should probably take a few minutes to get our stories straight”

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Posted by taxguru on April 15, 2004

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Ordinary & necessary business expenses

Posted by taxguru on April 15, 2004

This reminded me of a professional wrestler client I had back in the Bay Area. We deducted huge amounts for his food in order to maintain his 400 plus pound fighting weight, and IRS never had any problems with any of that.

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Posted by taxguru on April 15, 2004

Tax Scammer Irwin Schiff, who is still amazingly able to attract gullible followers with his ridiculous claim that taxes are completely voluntary:


In a Lawsuit, U.S. Accuses a Tax Adviser of Fraud

Anti-tax author appears in Vegas federal court on tax charges

Linder attempts to sell “Fair Tax” approach to Bush administration – Replacing the income tax with a national sales tax is too fair and rational an idea to ever become a reality. Such a radical change would remove far too much power from our rulers to ever be acceptable to them.

How Did He Make That Money? – Some analysis of John Kerry’s 1040. I will have more on this in the next few days.

Civilize the Tax Code

A Tax Code Report Card

The Taxman’s Dirtiest Secret

Bush: Tax Cuts Boosting Economic Growth – A simple basic fact that the Left wants to ignore.

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Posted by taxguru on April 15, 2004

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Posted by taxguru on April 15, 2004

28 Hours Needed to Fill Out Tax Forms – Why I have no sympathy when clients complain about how long it takes us to prepare a tax return. If we were to charge based on the amount of time IRS itself estimates it takes to prepare the various forms, our fees would be hundreds of times higher.

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Posted by taxguru on April 15, 2004

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Posted by taxguru on April 15, 2004

Teresa Fights To Keep Her Tax Returns Private – One of the prices to pay for being in or seeking high office, or married to someone who is, is the requirement to give up the privacy the rest of us have.

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Posted by taxguru on April 14, 2004

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Posted by taxguru on April 14, 2004

Many Taxpayers Deduct Too Little

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