As I was gathering info on deductible expenses in preparation for tax day I got a chuckle out of the following information my CPA shared with me:
"Some business expenses, even though they may be directly related to your trade or profession, are never tax-deductible:
Bribes and kickbacks
Contributions to political parties or candidates
Dues and membership fees for social clubs
Lobbying expenses
Penalties and fines"
Question: Would somebody goes so far as to ADMIT to taking bribes and kickbacks in order to claim these crimes in a tax return?
Doh!
With best wishes for a "non-taxing" April 18 to all,
God’s Perfect Mercy – A Meditation for Divine Mercy Sunday
-
We live in times in which mercy, like so many other things, has become a
detached concept in people’s minds, separated from the things that really
help u...
1 week ago


No comments:
Post a Comment