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April 5, 2018  —  Volume 13, No. 13

  TaxCoach Briefs: Guaranteed Smiles For April 17th
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TaxCoach Briefs
 
 
 
Guaranteed Smiles For April 17th
 

We realize that most of you are pretty busy this week. So, rather than giving you anything that requires you to think, here are some of my favorite tax quotes to put your busy season in a broader perspective. Enjoy!

 

“Worried about an IRS audit? Avoid what’s called a red flag. That’s something the IRS always looks for. For example, let’s say you have some money left in your bank account after paying taxes. That’s a red flag.”
Jay Leno

 

“The only difference between a taxman and a taxidermist is that the taxidermist leaves the skin.”
Mark Twain

 

“The difference between death and taxes is death doesn’t get worse every time Congress meets.”
Will Rogers

 

“Two years ago it was impossible to get through on the phone to the IRS. Now It’s just hard to get through. That’s progress.”
Charles Rossotti (former IRS Commissioner)

 

“A liberal is someone who feels a great debt to his fellow man, which debt he proposes to pay off with your money.”
G. Gordon Liddy

 

“Day in and day out, your tax accountant can make or lose you more money than any single person in your life, with the possible exception of your kids.”
Harvey Mackay

 

“If you get up early, work late, and pay your taxes, you will get ahead -- if you strike oil.”
J. Paul Getty

 

“If you are truly serious about preparing your child for the future, don’t teach him to subtract - teach him to deduct.”
Fran Lebowitz

 

“Our party has been accused of fooling the public by calling tax increases ‘revenue enhancement.’ Not so. No one was fooled.”
Dan Quayle

 

“The question is: What can we, as citizens, do to reform our tax system? As you know, under our three-branch system of government, the tax laws are created by: Satan. But he works through the Congress, so that’s where we must focus our efforts.”
Dave Barry

 

“I wouldn’t mind paying taxes… if I knew they were going to a friendly country.”
Dick Gregory

 

“Income tax returns are the most imaginative fiction being written today.”
Herman Wouk

 

“The avoidance of taxes is the only intellectual pursuit that carries any reward.”
John Maynard Keynes

 

“I love America, but I can’t spend the whole year here. I can’t afford the taxes.”
Mick Jagger

 

“Be wary of strong drink. It can make you shoot at tax collectors... and miss.”
Robert Heinlein

 

“Next to being shot at and missed, nothing is really quite as satisfying as an income tax refund.”
F. J. Raymond

 

“On my income tax 1040 it says ‘Check this box if you are blind.’ I wanted to put a check mark about three inches away.”
Tom Lehrer

 

“I just filled out my income tax forms. Who says you can’t get killed by a blank?”
Milton Berle

 

“The taxpayer – that’s someone who works for the federal government but doesn’t have to take the civil service examination.”
Ronald Reagan

 

“It's income tax time again, Americans: time to gather up those receipts, get out those tax forms, sharpen up that pencil, and stab yourself in the aorta.”
Dave Barry

 

“The income tax created more criminals than any other single act of government.”
Barry Goldwater

 

“A dog who thinks he is man’s best friend is a dog who has obviously never met a tax lawyer.”
Fran Liebowitz

 
 
 
 
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TaxCoach Briefs:

Vol. 13, Number 13;

April 5, 2018

 
Guaranteed Smiles For April 17th
 
New Content
 
Ed Lyon In The News
 
Members Only
 
 
Interesting Image

Edward A. Lyon, JD,

Publisher

 
Preferred Partner
 
Interesting Image
 
 
 
 
New Content
 
Easily half of the questions I’ve taken on this year’s Tuesday Technical Call have involved the new Qualified Business Income deduction foisted on us by the Tax Cuts and Jobs Act of 2017. So I’ve created a Powerpoint® mini-presentation explaining rules that you can use for your own education and present to clients. You’ll find it as #7 on the Seminar Presentations page in TaxCoach.

 

Knowing the new rules as well as I have come to know them, I’m sure you’ll have lots of questions that simply don’t have answers. Naturally, we’ll keep an eye out for those answers as they become available so we can add them to the presentation!

 

 

Ed Lyon In the News

 

I’ve spent quite a bit of time over the last few weeks doing radio and podcast and interviews on the new tax law. For those of you who want to see how I use those opportunities to promote TaxCoach’s vision of proactive tax planning, here are some links:

 

Yes, Taxes Can Be Entertaining

 

A New Frontier: The Present and Future of the Digitial Economy

 

Navigating the New Tax Reform Bill

 

The New Tax Law

 

 

Members Only
 
Next Tuesday Technical & Case Study Call-In:
Tuesday, April 24 at 2:00 pm Eastern (11:00 am Pacific)
 
On this monthly call, we take all those technical tax questions we discourage on the Wednesday Marketing & Management Call-Ins. Bring us your knottiest, gnarliest question, and we'll see if we can find your answer!
 
 
Next Wednesday Marketing & Management Call-In:
Wednesday, April 11 at 1:00 pm Eastern (10:00 am Pacific)
 
Join Ed, Keith, Lisa, and other TaxCoach members to ask any questions you have about TaxCoach strategies, features, or philosophy, or just to talk marketing and practice management.
 
 

Next Monthly Partner Webinar (All-Stars and CTM Partners):

Tuesday, April 10 at 4:00 pm Eastern (1:00 pm Pacific)

 

The All-Stars program itself currently has one spot open. If you're interested in joining, call Alyssa at (513) 321-2820 to schedule a pre-interview to see if the program is right for you.

 
 
 
 
Want to see how TaxCoach can improve your business? CLICK HERE for a 15-day free trial.
 
 
 
 
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