tax humor

[cellio]

Overheard tonight: I have a question for the IRS. Can I depreciate the cost of purchasing my slaves and, if so, under what category? Is that a valid business expense?

Upon being told that slavery is illegal, he said that the IRS doesn't care; you also have to declare your income from selling crack. Fair enough.

(Still behind on LJ, by the way.)

Comments

[xiphias.livejournal.com]

For tax purposes, they probably count as livestock.

[cellio]

Great minds think alike. :-) I told him the same thing -- clarifying that I don't mean edible livestock but, rather, the ox that plows his field. There's a tax difference between inventory and assets. :-)

[starmalachite.livejournal.com]

You never heard of braised ox tail?

BTW, cellio, Crystal here. Any chance you'll be making it to Conterpoint?

[cellio]

Ok, ok... s/edible livestock/livestock you intend for food. Happy? :-)

Oh, and hi! Glad to see you here.

I don't know yet if I can make it to Conterpoint; waiting for a potential date conflict to resolve.