/s Personal deductions to be leary of ...

[easytax]

From the Tax Pro Today series:

 

[kcjenkins]

Clearly, her mistake was the standard "too much information" error.  Had it been listed simply as 'office supplies' it would never be questioned.  LOL

[jklcpa]

She should have had a business meeting with someone, documented it, and shared a piece of that candy.  /s

[Richcpaman]

No.

 

If she was "audited" for 89 cents?

 

Me?  I give candy bars to my clients.  And I might have one as a snack.  And I am deducting ALL of them.  No M&E deduction, or anything like that.

 

She was in tax court for other reasons.

 

Rich

[BulldogTom]

I have a candy dish on my desk, and I ask every one of my clients to take a piece.  I tell them if I am audited, I am going to call every single one of them as a witness at tax court to get my $24 deduction every year.

 

Tom

Newark, CA

[Max W]

This story does not add up.  The form shown is 2106 and the 89 is written in the dollars column, so when the entry clerk entered it, it would be $89, not 89 cts.

2nd. being that is on a 2106 and there do not appear to be any other expenses, the amount whether 80cts of $89 would not have exceeded the 2% bar, so it seems unlikely that the IRS would waste their time on something that would not generate additional tax.  There must be more to the story than this.

 

To paraphrase Paul Harvey- What's the rest of the story?

[jklcpa]

LOL  It's not real.    It's posted by SnickersBrand© and labeled as comedy on Youtube, the same Snickers© that has the current commercial starring the Brady Bunch.

[JohnH]

LOL  It's not real.    It's posted by SnickersBrand© and labeled as comedy on Youtube, the same Snickers© that has the current commercial starring the Brady Bunch.

Sweet humor.

[Gail in Virginia]

I thought that it was a little nutty myself.