The Blog of John MacDonald

okay, so maybe this comic isnt art….but on the scale of unique things we have been asked to deduct, this is a fair representation. Interestingly enough, while never able to verify it, sometimes I think clients who have ambitions of deducting their pets, or trips to the Amazon as business development wait until the pressure of the last week and the crazy long hours to attempt to breach the wall of good judgement by their tax accountant. But….thanks to ever increasing ambitions to hold tax accountants responsible for the returns they prepare, I think we actually are less tolerant. Gone are the days of tax guys who split the refund with clients….we are increasingly agents of the Federal Government, like our US CPA Brethern who are actually called “enrolled agents” Unlike the cartoon, tax compliance is become less art and more enforcement. This makes tax planning the part we do for 10 months each year increasingly important!

I love it when people say it can't be done. Its like waving a red flag in front of a bull.....I can't help myself. If your taxes are too complicated, if your debts are out of control, if your competition has crushed you, if the new product bombed....if it can't be done....bring it on! Now, lets be sure of something, the great benefit of doing the undoable is that our value proposition is massive and as a result, we do well when you do!!!

So while its great fun doing the impossible, its very profitable too!