Do you spend most of your time looking for loopholes and finding out ways for people and organizations to avoid paying taxes?
When you do, do you feel as if you are doing something morally wrong?
Many taxes are used for social servies to help people who are less well-off. Does the work of a tax accountant somehow work against these social services (because of the focus on finding ways for people to pay less tax)?
2007-10-29 13:55:28 · 3 answers · asked by winback 1 in Business & Finance ➔ Taxes ➔ United States
There is absolutely NOTHING morally or legally wrong with using the law to minimize someone's tax liability. If a taxpayer is entitled to a claim that reduces his tax liability, he's be a fool to not avail himself of it.
Why pay more than you have to? If you were buying a car and the salesman said he'd take $12,000 for the car, would you offer him $15,000 instead? Of course you wouldn't! Nobody in their right mind would! It's NO different with taxes!
2007-10-29 14:24:43 · answer #1 · answered by Bostonian In MO 7 · 2⤊ 0⤋
I don't think that tax accountants look for loopholes. IRS is a smart organization; there are no loopholes.
If you know of even a single loophole in the IRS tax structure/system, let us know.
2007-10-29 18:23:00 · answer #2 · answered by MukatA 6 · 0⤊ 0⤋
I'm not an accountant, But I'm sick & tired of paying taxes for every one else (Especiall for those who don't pay taxes because they had children.) While I forced to have less because of the taxes I have to pay.
http://i114.photobucket.com/albums/n268/fuzzynuts_2006/TaxExemptions.jpg
2007-10-29 14:05:26 · answer #3 · answered by Anonymous · 0⤊ 2⤋