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Tax

If I steal it, can I deduct it?

In case there are any questions, crime definitely doesn't pay.

The IRS makes that crystal clear in Publication 17 (2009), "Your Federal Income Tax." Section 12 of the publication ("Other Income") includes the following, as featured in the brilliant FailBlog:


Epic-fail-tax-advice-fail
See more Epic Fails.

Possession, apparently, is nine-tenths of the tax law.

Profile

Bill Sheridan

2/6/2010
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Maryland Association of Certified Public Accountants, Inc. Events & CPE Catalog
Maryland Association of Certified Public Accountants, Inc.
1965 Greenspring Dr, Suite 211 Timonium, MD 21093
(800) 782-2036
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