Tag Archives: BozoTaxTips

Bozo Tax Tip #5: Just Don’t File

Posted on April 12, 2007 by Russ

A few weeks ago, I had lunch with a friend who is a fellow tax preparer. He told me a story of “Abe.” This Abe definitely wasn’t like Honest Abe. He had gone fifteen years without filing a tax return. … Continue reading →

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Bozo Tax Tip #6: Add Some Phony Deductions

Posted on April 10, 2007 by Russ

A few years ago, a prospective client came to me. He had used Western Tax Service, and the IRS was about to audit him. Western, for those unfamiliar with them, had a great way of attracting clients: they invented phony … Continue reading →

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Bozo Tax Tip #7: Barter Your Way to No Taxes

Posted on April 10, 2007 by Russ

Have you heard about Kyle McDonald, the guy who bartered his way from one red paperclip to a house in Saskatchewan? Yes, barter can do that for you. Say you have a box of binders you don’t need. Meanwhile, your … Continue reading →

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Bozo Tax Tip #8: Use Consecutive SSN’s When Cheating the IRS

Posted on April 8, 2007 by Russ

Let’s thank Michael Graham of Queens, New York for coming up with this gem. Mr. Graham decided to file phony tax returns with the IRS. He used consecutive social security numbers on his tax returns. He did get one tax … Continue reading →

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Bozo Tax Tip #9: Only Income Earned in the US Is Taxable

Posted on April 7, 2007 by Russ

This is definitely an issue I’m aware of because of my practice areas. I deal with plenty of individuals who earn their living while residing abroad or through foreign sources of income. “It’s tax exempt, isn’t it?” They’re not happy … Continue reading →

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Bozo Tax Tip #10: Deduct the Dog

Posted on April 5, 2007 by Russ

With just twelve days until Tax Day, it’s time to present our annual list of things not to do. All of the items on this list have been done by bozo taxpayers. Some have been successful while others have had, … Continue reading →

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