Discussion:Vote Now, Vote Often!

Vote for one or the other:

A. I prefer chocolate-covered marshmallow Easter eggs.

B. I prefer Girl Scout cookies.

And here's the tax issue: If I now prepare her income tax return, does the FMV of the Easter egg get included in my taxable income? SE income, too?

I would delcare the marshmallow egg as lunch to avoid paying the tax. hehee

da more chocolate dey give you, deminimus their tax prep fee will be

Respondent examined returns for a period of 3 years and determined that several items of a confectionery nature should be included in petitioner's gross income. Petitioner performed services as an independent contractor for his sister-in-law's incorporated bakery for which he also received more traditional pecuniary compensation. The parties stipulate that over the years in question, petitioner received approximately 33 ea pans of brownies w/o nuts, 56 ea pans of brownies with nuts, 15 ea bundt cakes, 3 linear feet of continuously deposited coffee cake (experimental), 235 pounds of Fudge Nuggets, 4 ea meat pasties (curry flavor), 1 gross lemon pies, 6 pecks sesame granola, 19 dl custard sauce, and one malformed chocolate rabbit. Petitioner argued that the receipt of confectionery goods was merely incidental to the services he performed and properly constituted a gift. The Court, relying heavily on Duberstien, concurred that the goods were gifts, and ruled for the petitioner. Despite allegations of impropriety on the part of Justice Harmn (he had frequently been seen entering court with traces of a 'milk mustache'), Respondent decided not to appeal.

You will prepare her return for no charge because you want to.

Michael

I can already visualize, almost taste, the various chocolate/bunny/etc humor.

I am thinking it would be a fun bet that I am quite sure would be interesting. I could turn a a viewing at a wake into a hug and grope, errr consoling opportunity.

OK, back to taxes.

Must be all the probing questions and all of client interaction throughout the year!

You guys crack me up...Taxnerd, that just wasn't right man.

Michael

and can we get down on all fours and lick them off (the candy or the cookies)

Harry, now you know, you never ask questions about girl scouts . . . or even girls for that matter.