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Archive for July 14, 2006

What category to put your expenses in…

Tax Tip

When you record the business explanation for expenses on your receipts, pick a category for that expense and try to be consistent. It is a lot easier to do the book keeping when all expense categories are consistent. It is not so important what you call the category… eg you could call the category “Fudge Expenses,” because it is not the category that makes it deductible, any reasonable expense can be written off. Your tax preparer can either rename the category or create a category in your business activities portion of your tax return.

Dan White

That Darn Cat!


You don’t have to own a cat to appreciate this one… (Actually cats own people)

A couple was dressed and ready to go out for the evening. They
turned on a night light, turned on the phone answering machine,
covered their pet parakeet and put the cat in the backyard.

They phoned the local cab company and requested a taxi. The taxi
arrived and the couple opened the front door to leave their house.
The cat they had put out into the yard scoots back into the house.

They don’t want the cat shut in the house because she always tries
to eat the bird The wife goes out to the taxi while the husband goes
inside to get the cat. The cat runs upstairs, the man in hot pursuit.

Waiting in the cab, the wife doesn’t want the driver to know the house
will be empty for the night. She explains to the driver that her husband
will be out soon. “He’s just going upstairs to say good-bye to my mother.”

A few minutes later, the husband gets into the cab.”Sorry I took so
long,” he says as they drive away. “Stupid bitch was hiding under the bed.
Had to poke her with a coat hanger to get her to come out! She tried to
take off so I grabbed her by the neck. Then I had to wrap her in a blanket
to keep her from scratching me. But it worked. I hauled her fat ass
down-stairs and threw her out into the back yard!”

The cabdriver hit a parked car…

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