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Mar 25, 2019
1:46:58pm
grandpacoug Walk-on
Early in my business(buying, building and selling Real Estate, I would always

Do my taxes with tons of legal write-offs (accelerated depreciation for wxample) and even though I was living an above average lifestyle, my bottom line would show no taxable income. It qualified us for free lunches for our kids! My wife drew the line at that and wouldn't allow it. That is how screwed up our tax system is. Many years later, I recieved one of the very first "lifestyle audits" when the IRS changed audit procedures. Passed with flying colors, just like the first audit back in 84.

grandpacoug
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venomous viper
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grandpacoug
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Sep 6, 2002
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Apr 22, 2024
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