“Well, well, well. What do we have here?”
Raymond chuckled as he looked over Line 212 of Schedule C, Part III, of the tax return he was auditing.
“Oh the tangled web we weave, Dorsky Bakery”. Raymond had to glance at the front page of the return to see who it was that had weaved said web.
Raymond knew that intangible assets such as Goodwill bought by a business were amortizable and therefore deductible, but to see line items like Goodness, Quality, Tastiness, and Novelty being treated the same way… Raymond laughed again.
“My word that’s creative accounting.”
Raymond chuckled as he looked over Line 212 of Schedule C, Part III, of the tax return he was auditing.
“Oh the tangled web we weave, Dorsky Bakery”. Raymond had to glance at the front page of the return to see who it was that had weaved said web.
Raymond knew that intangible assets such as Goodwill bought by a business were amortizable and therefore deductible, but to see line items like Goodness, Quality, Tastiness, and Novelty being treated the same way… Raymond laughed again.
“My word that’s creative accounting.”
No comments:
Post a Comment