The trio could only possibly be funnier if they weren't talking about you. At this time of year, it can be difficult to find humor in the steady march of time toward April 15. But a publication for tax professionals -- Tax Pro Today -- has collected a few anecdotes from tax preparation specialists that you might find humorous.
Let's take a quick look at what people who prepare taxes for a living find funny...
A few stories and lines from tax pros include the following:
- "Cash is not income."
- Many people want to deduct expenses -- for their household pets.
- "I don't have to pay taxes if I have an S-Corp."
- Many people believe that once they begin to receive Social Security benefits, they no longer have to pay taxes.
- "Commuting is using my vehicle for business."
The list of misconceptions about taxes is probably endless. The one that really struck us is the misconception some have that if they file an extension, they won't be audited. Like those clients being audited, we wish audit avoidance was that simple.
However, an extension doesn't mean you avoid an audit and it doesn't mean you don't have to pay your taxes on time. It simply gives you an extension to file necessary forms, documentation and the like.
If you are being audited, and believe you might face civil or criminal penalties, discuss the details of your dilemma with an experienced Orlando tax attorney; someone who has spent his career focused on tax issues, tax law and criminal tax defense.
April 15 is just days away.
The Law Offices of Horwitz & Citro, P.A. can begin today to help you with critical, can't-wait issues such as filing false returns, tax evasion, failure to properly withhold taxes, false statements and much more.