One funny tax time story is about a man who accidentally put his cat's vet bills in his business expenses. When the tax officer questioned it, he tried to claim his cat was his 'office morale booster'. Another is a woman who found an old receipt from a decade ago in her tax papers and couldn't remember what it was for, but it was for a very large amount. And then there was the case of a self - employed painter who tried to deduct the cost of his new fishing gear as 'equipment for stress relief related to work'.
A guy once tried to claim his collection of comic books as a tax - deductible 'business library' because he was a freelance writer. It was a hilarious attempt but the tax people didn't go for it.
Sure. There was a story about a man who tried to claim his pet dog as a business expense. He said the dog was a'security guard' for his home office. But of course, the tax office didn't buy it.
A rather comical case involved a restaurant owner. He tried to write off an excessive amount for 'food spoilage'. However, when the tax inspector checked, they found that his records were completely fabricated. His excuse was that his staff ate a lot of the food, but that clearly wasn't a valid reason for such a large spoilage claim.
A common one is when people misinterpret tax deductions. For example, thinking that buying a new suit for a job interview is a tax - deductible expense when it usually isn't. Another is when people forget to sign their tax forms and wonder why they haven't received any refunds or are being chased for missing forms.
Sure. One story is about a guy who thought he could deduct his pet dog's food as a business expense because he worked from home and the dog 'guarded' his office. Of course, the IRS didn't see it that way and he had to pay back the wrongly deducted amount.
Sure. One story is about a guy who tried to claim his pet dog as a business expense because he said the dog 'guarded' his home office while he worked. Another is a person who accidentally put their grocery bill in the tax return instead of actual business receipts. And there was also a woman who thought she could deduct the cost of her new wardrobe for work, but it was clearly just regular clothing and not a work uniform.
Sure. One funny story is that a friend of mine was filling out his tax return. He accidentally added an extra zero to one of his expense deductions. When the IRS questioned it, he was so embarrassed. He had to go through all his receipts again to correct it, and he learned to double - check everything from then on.
One hilarious story is of a guy who thought his comic book collection was a legitimate business investment and tried to write it off on his tax return. Another is a person who included the cost of a new TV as an 'office equipment' expense just because they sometimes watched the news for 'business awareness'.
One funny tax day story is that my friend was in such a rush to file his taxes at the last minute. He had all his papers scattered everywhere. As he was trying to enter the numbers into the online form, his cat jumped on the keyboard and accidentally submitted the form with some wrong entries. He then had to call the tax office to explain the situation and they had a good laugh about it.