Thinking of Taxes

Share on facebook
Share on google
Share on twitter
Share on linkedin
What other people have said about them over the years.

Unsplash-Karol Kasanicky(Originally posted 02/01/2018)

As those of you who are business owners recently experienced, yesterday was the deadline for mailing W-2 forms to your employees and 1099 forms to the other folks you paid last year.

To a CPA, that means we’re kicking off the income tax filing season. It started me thinking about taxes and what other people have said about them over the years.

For example:

“The difference between death and taxes is death doesn’t get worse every time Congress meets.” —Will Rogers

“In 1790, the nation which had fought a revolution against taxation without representation discovered that some of its citizens weren’t much happier about taxation with representation.” —Lyndon B Johnson

“You must pay taxes. But there’s no law that says you gotta leave a tip.”  —Morgan Stanley

“The government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” —Ronald Reagan

“The United States has a system of taxation by confession.” —Hugo Black

“Next to being shot at and missed, nothing is really quite as satisfying as an income tax refund.” —F.J. Raymond:

“It’s income tax time again, Americans: time to gather up those receipts, get out those tax forms, sharpen up that pencil, and stab yourself in the aorta.” —Dave Barry

“Alexander Hamilton started the U.S. Treasury with nothing and that was the closest our country has ever been to being even.”—Will Rogers

“I am proud to be paying taxes in the United States. The only thing is, I could be just as proud for half of the money.” —Arthur Godfrey

“A person doesn’t know how much he has to be thankful for until he has to pay taxes on it.”  —Anonymous

“This is the season of the year when we discover that we owe most of our success to Uncle Sam.” —The Wall Street Journal

“Income tax has made more liars out of the American people than golf.” —Will Rogers

“Worried about an IRS audit? Avoid what’s called a red flag. That’s something the IRS always looks for. For example, say you have some money left in your bank account after paying taxes. That’s a red flag.” —Jay Leno

“The taxpayer—that’s someone who works for the federal government but doesn’t have to take the civil service examination.” —Ronald Reagan

Your Small Business and Company Vehicles

Or what does first year bonus depreciation mean to small business owners.

Read More

IRS Is Withholding Withholding Form Changes Until the 2020 Tax Year

It will take at least two years for the IRS to figure out how to improve the accuracy of employee withholding.

Read More

Your CPA’s Holiday Season Wish List

Every year as Thanksgiving approaches, we turn our thoughts to . . . income taxes.

Read More

You Can’t Run a Successful Small Business if You Can’t Negotiate

If you find yourself avoiding negotiations or if you feel you’re on the short end of too many deals, it’s time to improve your negotiation skills.

Read More
Share on facebook
Share on twitter
Share on linkedin

Leave a Comment

About Us

Since 1981, we bring measurable results to business owners who want to preserve wealth, boost operating capital, minimize their tax burden, and soar in today’s challenging business environment.

Recent Posts

Sign up for our Newsletter

Scroll to Top
%d bloggers like this: