Comments on: How To Deal With An Aggressive Accountant http://www.bargaineering.com/articles/how-to-deal-with-an-aggressive-accountant.html personal finance blog with anecdotes, advice and commentary. Sun, 08 Nov 2009 14:46:17 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Matt http://www.bargaineering.com/articles/how-to-deal-with-an-aggressive-accountant.html/comment-page-1#comment-46118 Matt Tue, 28 Nov 2006 07:37:00 +0000 http://www.bargaineering.com/articles/how-to-deal-with-an-aggressive-accountant.html#comment-46118 I tend to stick with only deductions that don't substantially raise the probability of an audit. Deducting my mortgage payments (now that I have a house) is a no-brainer. Not deducting my home office or cash donations to charity are also no-brainers. I was a bit nervous about last year's Schedule C expenses, but I could rigorously document every single one of them, and it seemed unlikely that an audit which failed to catch me at anything would trigger a further probe into my finances. (Note that at no time have I done anything which is actually against the law. I've spent a lot of money on black-belt accountants and tax lawyers to make sure of that. But there are some details of my overseas finances that might provoke some skepticism if I'm ever closely audited, and I want to avoid having the IRS pierce the corporate veil at any cost. So it's worth it to me to forego suspicious options that wouldn't save me much money anyway.) I tend to stick with only deductions that don’t substantially raise the probability of an audit. Deducting my mortgage payments (now that I have a house) is a no-brainer. Not deducting my home office or cash donations to charity are also no-brainers. I was a bit nervous about last year’s Schedule C expenses, but I could rigorously document every single one of them, and it seemed unlikely that an audit which failed to catch me at anything would trigger a further probe into my finances.

(Note that at no time have I done anything which is actually against the law. I’ve spent a lot of money on black-belt accountants and tax lawyers to make sure of that. But there are some details of my overseas finances that might provoke some skepticism if I’m ever closely audited, and I want to avoid having the IRS pierce the corporate veil at any cost. So it’s worth it to me to forego suspicious options that wouldn’t save me much money anyway.)

]]> By: fivecentnickel.com http://www.bargaineering.com/articles/how-to-deal-with-an-aggressive-accountant.html/comment-page-1#comment-45876 fivecentnickel.com Mon, 27 Nov 2006 02:54:20 +0000 http://www.bargaineering.com/articles/how-to-deal-with-an-aggressive-accountant.html#comment-45876 <strong>Weekly Roundup - 11/24/06</strong> Here’s a quick look at some of the articles that caught my eye over the past week… Jim talked about how to deal with an aggressive accountant. Flexo noted that the U.S. Mint is going to try dollar coins (again). Personally, I think that thi... Weekly Roundup – 11/24/06

Here’s a quick look at some of the articles that caught my eye over the past week…
Jim talked about how to deal with an aggressive accountant.
Flexo noted that the U.S. Mint is going to try dollar coins (again). Personally, I think that thi…

]]> By: dimes http://www.bargaineering.com/articles/how-to-deal-with-an-aggressive-accountant.html/comment-page-1#comment-45606 dimes Sat, 25 Nov 2006 21:35:55 +0000 http://www.bargaineering.com/articles/how-to-deal-with-an-aggressive-accountant.html#comment-45606 I've actually been in the opposite situation, as the tax preparer whose client wants to take a lot of deductions he or she is not entitled to. That's a weird feeling. I’ve actually been in the opposite situation, as the tax preparer whose client wants to take a lot of deductions he or she is not entitled to. That’s a weird feeling.

]]> By: Steve http://www.bargaineering.com/articles/how-to-deal-with-an-aggressive-accountant.html/comment-page-1#comment-45525 Steve Sat, 25 Nov 2006 09:58:08 +0000 http://www.bargaineering.com/articles/how-to-deal-with-an-aggressive-accountant.html#comment-45525 When it comes to taxes, I think it is important to go for every deduction possible. I also believe, that I love the country I live in (Australia) and I am happy to contribute to the growth and beauty of it. When it comes to taxes, I think it is important to go for every deduction possible.

I also believe, that I love the country I live in (Australia) and I am happy to contribute to the growth and beauty of it.

]]> By: Tricia http://www.bargaineering.com/articles/how-to-deal-with-an-aggressive-accountant.html/comment-page-1#comment-45417 Tricia Fri, 24 Nov 2006 22:23:27 +0000 http://www.bargaineering.com/articles/how-to-deal-with-an-aggressive-accountant.html#comment-45417 Finding the accountant that's right for you is something that I believe is pretty important. In my area, thanks to word of mouth I know how "by the book" all of the accountants in the area are. I have yet to take my tax return to any of them because it's fairly simple at the moment. But when the time comes I know exactly which one to go to because their style matches my personality. Finding the accountant that’s right for you is something that I believe is pretty important. In my area, thanks to word of mouth I know how “by the book” all of the accountants in the area are. I have yet to take my tax return to any of them because it’s fairly simple at the moment. But when the time comes I know exactly which one to go to because their style matches my personality.

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