Thursday, March 26, 2009

Tax Deduction

As many people start thinking about starting their income taxes, here's a little story I found:
Here's the kind of accountant you've got to admire. Last year he deducted eighty cartons of cigarettes from my income tax. Called it loss by fire!
Quote from Jacob Braude's Complete Speaker's & Toastmaster's Library: Business and Professional Pointmakers. Published in 1965.

Please consult a tax attorney before attempting such a write-off. Also, consuming cigarettes in any quantity is unhealthy, both physically and financially.

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