Tall tales of taxes

[jainen]

Two brothers I know introduced me to an investor who was helping them set up a new LLC. He wanted to be sure the tax records would be in order. I gave him my bona fides but cautioned that the quality of my work would always depend on the accuracy of the information provided to me.

“Have no concerns on that point,” said the brother who handles the books. “I believe that honesty is the best policy. I always report all income, and I have a strict rule to never commingle personal expenses.”

“That’s a highly admirable standard,” replied the money-man. “In fact, I wish I could say the same myself.”

“Why don’t you say it then?” said the third partner dryly. “My brother did.”

[JohnH]

Hopefully he was telling you the truth, although I've got to admit that sometimes when people feel compelled to tell me how honest they are, my cyincal side kicks in and I get uneasy.

Reminds me of the old phrase about inviting the local politician over for dinner -

"The louder he proclaimed his honesty, the faster we counted our spoons."