Tax Accounting Quotes & Sayings

People don't come back any more. Haven't you noticed that, Monsieur? — Patrick Modiano

Let us leave good sense behind like a hideous husk and let us hurl ourselves, like fruit spiced with pride, into the immense mouth and breast of the world! Let us feed the unknown, not from despair, but simply to enrich the unfathomable reservoirs of the Absurd! — Filippo Tommaso Marinetti

Suppose that throughout your childhood you were good with numbers. Other kids used to copy your homework. You figured store discounts faster than your parents. People came to you for help with such things. So you took accounting and eventually became a tax auditor for the IRS. What an embarrassing job, right? You feel you should be writing poetry or doing aviation mechanics or whatever. But then you realize that tax collecting can be a calling too. — James Hillman

Accounting for the unpaid care economy can drive progressive policies such as paid family leave, social security credits for early childcare, tax credits, and quality early childhood education. — Sri Mulyani Indrawati

1. Project What is the project? Why is it unique? Why is the business needed? Why will customers love your product? 2. Partners Who are you? Who are the partners? What are your educational backgrounds? How much experience do you all have? How are you and your partners qualified to make the project a success? 3. Financing What is the total cost of the project? How much debt and how much equity is there? Are partners investing their own money? What is the investor's return and reward for their risk? What are the tax consequences? Who is your CFO or accounting firm? Who is responsible for investor communications? What is the investor's exit? 4. Management Who is running your company? What is their experience? What is their track record? Have they ever failed? How does their experience relate to your industry? Do you believe this is the strongest management team you can assemble? Can you pitch them with confidence? — Donald J. Trump

I've always thought that anyone who needs to join a herd so badly must be a bit of a sheep himself. — Carlos Ruiz Zafon

The U.S. tax code was written by A students. Every April 15, we have to pay somebody who got an A in accounting to keep ourselves from being sent to jail. — P. J. O'Rourke

If we are not careful, it is all too easy to fall into becoming more of a human doing than a human being, and forget who is doing all the doing, and why. — Jon Kabat-Zinn

Identity theft involving these cards is a growing form of white collar crime, facilitating illegal immigration, banking and accounting fraud, tax evasion, and other nefarious activities. — Ron Lewis

Use Your Stimulation Hunger for Career Advancement Jerry's need for stimulation, especially in the morning, had led to problems in meeting daily responsibilities. Even at work, Jerry had frequently resorted to surfing the Internet or playing computer games surreptitiously when he became bored with his routine accounting work. A plan that required Jerry to ignore his stimulation hunger could never have worked for long. Instead, Jerry and his therapist developed a plan to use his stimulation hunger to become more successful in his career. Instead of continuing to do the repetitive, uninteresting accounting and tax work that he found so mind-numbing, Jerry went to his supervisor and expressed — Judith Kolberg

What is thus improperly regarded as profit, instead of as part of capital, is consumed by the entrepreneur or passed on either to the consumer in the form of price-reductions that would not otherwise have been made or to the labourer in the form of higher wages, and the government proceeds to tax it as income or profits. In any case, consumption of capital results from the fact that monetary depreciation falsifies capital accounting. — Ludwig Von Mises

Let's talk about how to fill out your 1984 tax return. Here's an often overlooked accounting technique that can save you thousands of dollars: For several days before you put it in the mail, carry your tax return around under your armpit. No IRS agent is going to want to spend hours poring over a sweat-stained document. So even if you owe money, you can put in for an enormous refund and the agent will probably give it to you, just to avoid an audit. What does he care? It's not his money. — Dave Barry

I talked to one accountant, a very nice fellow who I would have been glad to have his family marry into mine. He said, "What these other accounting firms have done is very unethical. The [tax avoidance scheme] works best if it's not found out [by the IRS], so we only give it to our best clients, not the rest, so it's unlikely to be discovered. So my firm is better than the others." [Laughter] I'm not kidding. And he was a perfectly nice man. People just follow the crowd ... Their mind just drifts off in a ghastly way ... — Charlie Munger

I know. Life is so unfair. I'm still not going to pee on Karou's ex-boyfriend for you." "What? I wasn't even going to ask you to." In her most reasonable tone, Zuzana explained explained, "I just want you to pee in a balloon so I can drop it on him. — Laini Taylor

True love is unconditional. And if it is a 'Conditions Apply' scenari, then it isn't true love. It is as good as a mutual fund ... — Ravinder Singh

Quality investing focuses on a company's ability to invest capital at high rates of return: post-tax levels of high-teens (and higher) are possible. Three elements drive corporate cash return on investment: asset turns, profit margins and cash conversion. Asset turns measure how efficiently a company generates sales from additional assets, which can vary greatly depending on the asset intensity of the industry itself; margins reflect the benefits of those incremental sales; and cash conversion reflects a company's working capital intensity and the conservatism of its accounting policies. — Lawrence A. Cunningham

I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life. Now, that's crazy. And if you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or whomever around their office. On average. And so I think that actually people in my situation should be paying more tax. I think the rest of the country should be paying less. — Howard Warren Buffett

[Jesus] tilted His head back, pulled up one last time to draw breath and cried, "Tetelestai!" It was a Greek expression most everyone present would have understood. It was an accounting term. Archaeologists have found papyrus tax receipts with "Tetelestai" written across them, meaning "paid in full." With Jesus' last breath on the cross, He declared the debt of sin cancelled, completely satisfied. Nothing else required. Not good deeds. Not generous donations. Not penance or confession or baptism or ... or ... or ... nothing. The penalty for sin is death, and we were all born hopelessly in debt. He paid our debt in full by giving His life so that we might live forever. — Charles R. Swindoll

The doorbell rang, and I assumed it was Fran and Roger having come back because
they had forgotten something. I took my time, lacing my boots, and the buzzer became more impatient.
"I'm coming, shithead!" I yelled. Yes, I should have known better. For of course, it was not Roger or Fran. I threw open the door to find Declan Tyler standing there, looking half-insulted and half-amused.
"Got a pet name for me already?" he asked. — Sean Kennedy

The income tax is the biggest single intrusion suffered by the American people. It forces every worker to be a bookkeeper, to open his records to the government, to explain his expenses, to fear conviction for a harmless accounting error. Compliance wastes billions of dollars. It penalizes savings and creates an enormous drag on the U.S. economy. It is incompatible with a free society, and we aren't libertarians if we tolerate it. — Harry Browne