Off-topic Talk Where overpaid, underworked S2000 owners waste the worst part of their days before the drive home. This forum is for general chit chat and discussions not covered by the other off-topic forums.

The IRS Audit

Thread Tools
 
Old Feb 18, 2010 | 01:44 PM
  #1  
The Raptor's Avatar
Thread Starter
Gold Member (Premium)
20 Year Member
Community Builder
Active Streak: 30 Days
Liked
 
Joined: Jul 2001
Posts: 59,361
Likes: 1,613
From: La Crescenta, CA
Default The IRS Audit

At the end of the tax year, the IRS office sent an inspector to audit the books of a local hospital. While the IRS agent was checking the books he turned to the CFO of the hospital and said "I notice you buy a lot of bandages. What do you do with the end of the roll when there's too little left to be of any use? "Good question," noted the CFO. "We save them up and send them back to the bandage company and every now and then they send us a free box of bandages. "Oh," replied the auditor, somewhat disappointed that his unusual question had a practical answer. But on he went, in his obnoxious way. "What about all these plaster purchases? What do you do with what's left over after setting a cast on a patient? "Ah, yes," replied the CFO, realizing that the inspector was trying to trap him with an unanswerable question. "We save it and send it back to the manufacturer, and every now and then they send us a free package of plaster. "I see," replied the auditor, thinking hard about how he could fluster the know-it-all CFO. "Well," he went on, "What do you do with all the leftover foreskins from the circumcisions you perform? "Here, too, we do not waste," answered the CFO. "What we do is save all the little foreskins and send them to the IRS Office, and about once a year they send us a complete dick."

Reply
Old Feb 18, 2010 | 01:48 PM
  #2  
offroad2000's Avatar
Registered User
 
Joined: Apr 2008
Posts: 806
Likes: 0
From: Lugoff, SC
Default

8/10

http://www.foxnews.com/story/0,2933,586581,00.html
Reply
Old Feb 18, 2010 | 01:55 PM
  #3  
zzziippyyy's Avatar
20 Year Member
 
Joined: Mar 2005
Posts: 78,840
Likes: 7
From: On yo puter screen
Default



12/10
Reply
Old Feb 18, 2010 | 01:55 PM
  #4  
CourageOO7's Avatar
Registered User
 
Joined: Aug 2003
Posts: 3,170
Likes: 0
From: SLC, UT
Default

I liked it.
Reply
Old Feb 18, 2010 | 02:55 PM
  #5  
clawhammer's Avatar
Registered User
 
Joined: Oct 2005
Posts: 25,683
Likes: 1
From: Houston, Texas
Default

10/10
Reply
Old Feb 18, 2010 | 04:32 PM
  #6  
hammerhead300's Avatar
Registered User
 
Joined: Mar 2008
Posts: 638
Likes: 0
From: Omaha NE
Default

How true. 9/10
Reply
Old Feb 18, 2010 | 04:58 PM
  #7  
rich85tpi's Avatar
Registered User
 
Joined: Apr 2008
Posts: 414
Likes: 0
From: Elmsford, NY
Default

Funny!

But I have the uptmost respect for all the IRS agents and the important work they do. (in case anyone is reading this)
Reply
Old Feb 18, 2010 | 09:30 PM
  #8  
essi1553's Avatar
Registered User
 
Joined: Jan 2010
Posts: 534
Likes: 0
From: Cherry Hill, NJ
Default

Originally Posted by rich85tpi,Feb 18 2010, 05:58 PM
Funny!

But I have the uptmost respect for all the IRS agents and the important work they do. (in case anyone is reading this)
in case big brother is reading so do i, if not I hope the irs bites the big one. You can't get so tough on people who earn a living, and use that money to pay for people who ride the welfare train as far as it will take them.

My sympathy goes to small business owners...
Reply
Old Feb 19, 2010 | 02:17 AM
  #9  
Malloric's Avatar
Registered User
 
Joined: Feb 2005
Posts: 1,309
Likes: 0
Default

Death and taxes....

I never did understand how about half of income tax goes to support the military...
I'd also be happier if I could opt out of part/all of the 15.2% SE tax and fund my own retirement. Unfortunately it's a Ponzi scheme so that won't be happening any time soon.

On the upside, we get to write damn near everything off. Mileage more than pays all the operating costs on my car, most of my cell phone bill, 20ish% of my rent and utilities (aside from cable TV). Hell, I even take my damn dry cleaning with me when working out of my tax home so I can deduct that. Vacations tend to occur immediately before and after business travel and often involve *ehem* overestimating duration. The 25%/$49,000 SEP-IRA is a lot more generous than 10%/16,500 401K limit.

Trust me, it's not all bad.
Reply
Old Feb 19, 2010 | 05:15 AM
  #10  
mxt_77's Avatar
Registered User
 
Joined: Jan 2003
Posts: 8,482
Likes: 3
From: Wylie, TX
Default

Originally Posted by essi1553,Feb 19 2010, 01:30 AM
You can't get so tough on people who earn a living, and use that money to pay for people who ride the welfare train as far as it will take them.
Keep in mind that the IRS doesn't make any decisions about how your tax dollars are spent. They just do the collecting and enforce the regulations enacted by your legislators.
Reply



All times are GMT -8. The time now is 03:09 AM.