Tax Scare – Halloween Tax Tips and Tricks

Tax and Taxes – Scariest Halloween Subject

Tax Planning for this year has been challenging.

Here are some Tax Tips:

Roni  Deutch posted the following on her blog:

Top 10 Halloween Season Tax Tips

Halloween is one of my favorite holidays. I always look forward to my law firm’s annual celebration. However, there is more to Halloween than costumes and trick-or-treating. The end of the year is only a few weeks away, and Halloween season is a good time to start thinking about taxes. To help my readers save a little money this year, I have put together ten spooky Halloween tax tips.   Read more >>>

Wayne Davies posted the following on his blog:

Halloween Tax Tips: How to Eliminate All Fear of the IRS

Ready for a scary tax story?  A few years ago, one of my clients (let’s call him Mr. Jones) got one of those IRS “love letters” requesting more information. The IRS wanted to meet with Mr. Jones in person to discuss the situation.

Mr. Jones (a small business owner) was required to show up at the local IRS office with all his records. The IRS was questioning the legitimacy of several business deductions. The IRS was doing what it is allowed by law to do — demand that the taxpayer prove that those deductions were valid.

Turns out that Mr. Jones lost the audit and ended up owing the IRS a significant amount of money — the additional tax, plus penalty and interest for late payment of that tax. Why did Mr. Jones’ lose the audit? Mr. Jones made two “classic” taxpayer mistakes:  Read more >>>

Here are some Tax Tricks:

Michelle Malkin posted the following on her blog:

Halloween tax trickery: Iowa goes after pumpkins

This sounds like an Onion parody, but it’s on the wires and everyone keeps sending it to me this morning:  Read more >>>

Kruse & Crawford posted the following on their blog:

A Halloween Tax Story

This is from the Associated Press. I generally don’t cut-and-paste other articles on this blog, but this one struck me as the banner-waving-poster-child of taxes run amok.  Read more >>>

The scariest Income Tax Scare Cartoon I have ever seen:

Scariest Income Tax Cartoon