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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (60361)	12/18/2012 5:42:02 PM
From: pcstel	3 Recommendations Read Replies (1) \| Respond to of 71588

Let's see... I try and only repeat something 3 times... I think we're going on like 6 or 7... Only problem is.. Your story keeps changing. It would be great if you could repeat the same story 3 times in a row.. But, your story changes from post to post. First you only have cap gains and interest and your wife does the taxes, then you have 2 startups and a fleet of accountants. I have always specifed to my accountants NON AGRESSIVE with my taxes. You start futzing with trusts and fancy ass tax dodges and they just turn into a big maze that consumes your life. There is no "aggressive" in terms of my taxes. The tax codes are complex and that is why we pay for accountants who understand what the law provides. What you claim is either legal, and you have documents to support those deductions, or your deductions are illegal because you have making claims of deductions which you have no means to support. You have already claimed that you don't keep receipts because you can't be bothered. Try and tell that to the IRS or State Authority when they come for an audit. I don't think they will be quite as "understanding" on your statements regarding lack of aggressiveness. If you accountants are following the law, then they should require that you have receipts for the deductions you claim. You start futzing with trusts and fancy ass tax dodges and they just turn into a big maze that consumes your life. What does a Trust have to do with a "Tax Dodge"¿ You do realize the purpose of a Trust? Don't you? Having a Trust is not being Aggressive, it is used to reduce you exposure to risk, and to establish a road map of clear instructions on what is to happen upon your death. It is also used to prevent "probate" and the associated fees that lawyers will leach off of your assets upon your death. The Government provides clear rules on taxes as they refer to trusts. I can see that you would do the opposite of me... you seem to want to be involved with every little detail of every nickel you have. Maybe that's why we see things so differently... There is no doubt about this statement. I would mark it down to the difference between an actual millionaire and a "daydream believer". With you being the latter. JMO And so it goes, PCSTEL