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,
A Summary of Our Salvation – A Homily for the Fourth Sunday of Advent
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On the Fourth Sunday of Advent we are close to the unfolding of the great
mystery of the Word made flesh. It is easy for us to look right past it,
but we...
1 day ago
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