How to cheat on your taxes . . . but not

Take a look at this fun and informative article from the New York Times on how to cheat on your taxes!

Well, maybe that description is a bit misleading, but here’s the thing–From a few short anecdotes by accountants on far-fetched ideas for deductions to a description of the government’s dream taxpayer, there’s a lot in this article to catch your attention about the notoriously dull task of paying taxes.

Accordingly, don’t expect any real tips or sound strategies for cheating the IRS (this is a legit accounting blog, after all!), but you may learn a lot about how the government approaches its collections and how the tax code became so complex.

For example, did you know that the present U. S. tax code is over 5,000 pages or that of the nation’s leading corporations “more than half are being audited at any given time?”

If you like this topic be sure to take a look at “planet money: the economy explained,” a podcast and blog with a lot of really great material on issues pertaining to finance, marketplaces and global economics. An NPR program, they do a really good job presenting the topic in an entertaining way without dumbing things down. Their content is regularly updated, and if we find a story over there that interests us we’ll be sure to share it with you.

For example, is it just me or does “Every Job In America, In 1 Graph” sound ridiculously intriguing? I mean come on! All of them?!?

Let us know what you think of this post, and how you found out about it . . . Tweet us, like this post on Facebook, or leave a comment on this post. We want to hear from you!

Remember tax season begins the 31st. So get in touch with us, and we’ll take care of the boring stuff!

 

 

 

 

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Seattle CPAAbout Seattle CPA
Seattle CPA+John Huddleston has written extensively on tax related subjects of interest to small business owners. Since 2002, he has owned his own small business, Huddleston Tax CPAs. He is a graduate of Washington State University and the University of Washington School of Law.

Huddleston Tax CPAs of Seattle & Bellevue
Certified Public Accountants Focused on Small Business

(800) 376-1785
40 Lake Bellevue Suite 100, Bellevue, WA 98005

Huddleston Tax CPAs & accountants provide tax preparation, tax planning, business coaching, Quickbooks consulting, bookkeeping, payroll and business valuation services for small business. We serve Seattle, Bellevue, Redmond, Tacoma, Everett, Kent, Kirkland, Bothell, Lynnwood, Mill Creek, Shoreline, Kenmore, Lake Forest Park, Mountlake Terrace, Renton, Tukwila, Federal Way, Burien, Seatac, Mercer Island, West Seattle, Auburn, Snohomish and Mukilteo. We have a few meeting locations. Call to meet John Huddleston, J.D., LL.M., CPA, Tawni Berg, CPA, Jennifer Zhou, CPA, Jessica Chisholm, CPA or Chuck McClure, CPA. Member WSCPA.