Ok, so it’s 9:53 a.m. on Friday morning and I have an exam in less than 23 hours and 7 minutes. Federal Income Tax. 400 Questions. Multiple Choice. Do you sense my excitement? I’m so over it I can’t even begin to tell you. I’ve spent the past 3 days doing some studying, but mostly reading PINK Magazine. It’s one of my favorites. Of course, I love anything pink. So, anyway, back to Federal Income Tax. When you do your taxes, if you do your taxes, how many of you use the 1040 instruction booklet that the IRS gives you? Let me see a show of hands – I assume everyone…because even the IRS knows that their rules are ridiculous and that there is way too much for any one person to logically remember. So, then I ask you – why must I be responsible for knowing every allowable deduction, every inclusion and exclusion from gross income for the purposes of this exam?? I have a sure fire short cut technique:
Assume that everything you get in life is taxable by the IRS. Don’t forget that dime you found yesterday. Claim it as income. If you don’t you might end up like our dear friend Wesley Snipes. Poor guy.
So, I should probably do some work and then go spend the rest of my life in the library getting ready for this exam tomorrow.
Me. My Code. My Double Shot. Thank you Starbucks.
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