Tuesday, April 15, 2008

Fool-Proof Tax Prep Advice

Today's the day but don't despair! Dave Barry gives some helpful tax preparation tips:

Step one is to gather together your tax forms, your financial records, and, if you plan to itemize your deductions, at least two liters of vodka.

Step two is to go through all of your receipts, separate the ones that are for tax-deductible expenses, and mail them to me, because I need some. The way my accounting system works is, when I get home at night, I take off my pants. (Usually inside the house.) If I find what might be tax-related documents in my pockets, I put them into a two-ply grocery bag labeled TAXES.
At tax time, I go through this bag, hoping to find receipts that say things like, ''BUSINESS SUPPLIES TO BE USED FOR BUSINESS -- $417.23.'' Instead, I find some ticket stubs for Shrek the Third and several hundred wadded-up snippets of paper on which the only legible printing says ''Thank You.'' Now, because I am mentioning Shrek the Third in this column, I can legally deduct the $10 cost of my ticket, plus a large popcorn, which I estimate cost $53, for a total of $63, or, rounding off, $250. But that still leaves me a little short of what I need, deductionwise.

This is where the vodka comes in.



[HT: Andrew Sullivan ]

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