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A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax...

Date post: 28-Dec-2014
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A Tax Professional’s Ten Commandments 1. Thou shall stuff the IRS like a taxidermist. 2. Thou shall prepare the final tax return of the Jedi. 3. Thou shall be sure that a client’s return is not filed a day late or a tax dollar short. 4. Thou shall concentrate so quietly that it is possible to hear a PTIN drop. 5. Thou shall claim the Urned Income Credit for a crematory.
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Tool & Techniques World of Financial & Tax Planning By Jay Katz A Tax Professional’s Ten Commandments The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com
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Page 1: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

Tool & Techniques World of Financial & Tax PlanningBy Jay Katz

A Tax Professional’s Ten Commandments

The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com

Page 2: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

Tool & Techniques World of Financial & Tax PlanningBy Jay Katz

1. Thou shall stuff the IRS like a taxidermist.

The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com

Page 3: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

Tool & Techniques World of Financial & Tax PlanningBy Jay Katz

2. Thou shall prepare the final tax return of the Jedi.

The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com

Page 4: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

Tool & Techniques World of Financial & Tax PlanningBy Jay Katz

3. Thou shall be sure that a client’s return is not filed a day late or a tax dollar short.

The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com

Page 5: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

Tool & Techniques World of Financial & Tax PlanningBy Jay Katz

4. Thou shall concentrate so quietly that it is possible to hear a PTIN drop.

The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com

Page 6: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

Tool & Techniques World of Financial & Tax PlanningBy Jay Katz

5. Thou shall claim the Urned Income Credit for a crematory.

The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com

Page 7: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

Tool & Techniques World of Financial & Tax PlanningBy Jay Katz

6. Thou shall receive a copy of the Internal Revenue Code as a birthday present and not have to file a gift

tax return.

The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com

Page 8: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

Tool & Techniques World of Financial & Tax PlanningBy Jay Katz

7. Thou shall look a gift horse in the mouth without the necessity of a qualified appraisal.

The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com

Page 9: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

Tool & Techniques World of Financial & Tax PlanningBy Jay Katz

8. Thou shall render a tax opinion and receive after tax pennies for your thoughts.

The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com

Page 10: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

Tool & Techniques World of Financial & Tax PlanningBy Jay Katz

9. Thou shall stay up late until all the returns are in to find out who won the S election.

The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com

Page 11: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

Tool & Techniques World of Financial & Tax PlanningBy Jay Katz

10. Thou shall store your client’s incriminating information on the same type of computer used by

Lois Lerner.

The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com

Page 12: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

Tool & Techniques World of Financial & Tax PlanningBy Jay Katz

If this type of tax discussion strikes your fancy, join Jay Katz’ Linkedin Group:

The Tools & Techniques World of Financial and Tax Planning.

The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com

Page 13: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

Tool & Techniques World of Financial & Tax PlanningBy Jay Katz

Jay Katz is also the author of The Tools & Techniques of Income Tax Planning, 4th Edition--a single-volume reference that takes the reader through all the income tax topics your clients may encounter—no matter where they originate—providing easy-to-understand, practical guidance for situations that are often confusing. The Tools & Techniques of Income Tax Planning, 4th Edition, provides everything you need to put the optimal strategic plan in place, while taking into consideration the tax-related elements of:• The American Recovery and Reinvestment Act• The Affordable Care Act• The American Taxpayer Relief Act

Learn more today.

The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com

Page 14: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

The Tools & Techniques of Income Tax Planning | www.NationalUnderwriter.com

Page 15: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

The Tools & Techniques of Income Tax Planning | www.NationalUnderwriter.com

Page 16: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

The Tools & Techniques of Income Tax Planning | www.NationalUnderwriter.com

Page 17: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

The Tools & Techniques of Income Tax Planning | www.NationalUnderwriter.com

Page 18: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

The Tools & Techniques of Income Tax Planning | www.NationalUnderwriter.com

Page 19: A Tax Professional’s Ten Commandments from Jay Katz' Tool & Techniques World of Financial & Tax Planning

The Tools & Techniques of Income Tax Planning | www.NationalUnderwriter.com


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