No story for this picture - just fits the topic.
Ever seen this before ? Yeah, I have been audited again. As a small business person I get audited quite a bit, the 3/5th rule only applies to me, not the IRS. It's like playing poker, kinda fun if you know the game. I started my first business when I was still in college. As an accounting major my professors and I had a great time the first time I was audited, most of them were CPA's and lawyers. At any rate I don't mind going up against the brainwashed but this year I am at a logistic disadvantage so it makes it hard to fight back. The audit is about revenue. My books reflect total revenue and the IRS wants to be able to add up 1099's and come up with total revenue. As anyone can see this will lead to double taxing the part of my revenue steam that isn't covered by a 1099 or some other government approved document and they wonder why people don't claim cash they receive for services. I guess those 10,000 new IRS agents that they hired for enforcement of the new health care law don't have anything better to do. We'll see what happens.
I did take Barb to La Paz earlier in the week on a day trip - she was worried about someone taking my tools. I think she feels a little better now knowing that the local folks are very respectful of our property.
My sand pile is getting a little low.