Levy Levity
Next stop on the Caffeine Torpor tour is Tucson. Flying there this morning, coming home late tomorrow night. I see it’ going to be 72 during the day today but, as usual with business travel, it won’t matter whether I’m there or Nome. Well, not really, it’s still something of a treat to walk out for lunch or a coffee in my shirtsleeves.
I don’t really practice tax anymore (except on my Mom), but I read the journals and engage fitfully in continuing education, and yesterday I ran across this item about a city tax department employee in Middletown, Ohio who received a suspension for inserting humorous copy in the city’s tax form instructions.
They apparently have a 5-year limit for deducting business net operating losses without turning a profit, because one of the things she was dinged for was this:
Free advice: If you don’t have a profit in a five-year period, you might want to consider another line of work
While I appreciate the spirit in which Ms. Stubbs offered her levity, I guess I wouldn’t go so far as to declare her a martyr. I recall inserting similar stuff into internal memoes, etc., when I worked in tax and, as it might be with Ms. Stubbs, it was a sign that I needed to consider another line of work.
