Greatest Tax Deduction or NOT

[bobm]

Yesterday , my wife sent a greetings letter from Uncle Sam to a tax payer to appear for an audit. Seems that the tax payers' tax preparer put in a tax deduction claim for this tax payers' last year's Federal Tax bill as a business expense. Federal tax code specifically states that one's Federal Taxes can NOT be claimed as a expense ! Guess who is responsible to pay their own adjusted tax bill as well as any penalties and interest ? It is prudent for all tax payers to carefully read and understand the prepared tax return BEFORE it is filed.

 

[dickiebird]

Sounds like a legitimate business expense to me.

THANX RICH

 

[baymule]

The tax preparer should have known better than that!