True Tax Story


Subject: True Tax Story
From: Unicorn (unicorn@indenial.com)
Date: Thu Feb 20 2003 - 11:54:19 EST


"True Tax Story"

A two page indictment alleges that, in 1995,
James Groff sent the IRS a fake check for $4.4
million. He allegedly told the IRS that the check
was to cover his tax bill of $2.6 million, a sum
including income taxes, interest & penalties.

He asked the IRS to return the $1.8 million
difference to him, the indictment alleges.

Groff's trial on the charge was scheduled to begin
June 1. If convicted, he faced a maximum penalty
of five years in prison and a $250,000 fine. He still
owes the taxes, penalty and interest.

**************************

"Senior CPA"

There was once an accounting firm where the
senior CPA knew everything there was to know
about accounting. He could answer any question.
He knew all the tax laws: There wasn't a better
accountant anywhere.

Every morning when he came to work, he would
unlock his desk drawer, open it up and look inside
for a moment, and then close and lock it again.
This puzzled all of his co-workers, because it was
the only eccentricity that this genius exhibited. For
years no one dared to breach etiquette and snoop
through his desk, but his odd behavior became
something of a legend around the office.

One day when the elderly man was home sick, one
junior accountant could control himself no longer.
Taking a letter opener he carefully pried open the
desk lock. Inside he found one sheet of paper, and
written in large letters was:

"DEBITS ON THE LEFT...CREDITS ON THE RIGHT"



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