Despite being CPAs and preparing thousands of tax returns, have you ever had cause to wonder exactly why some people put what they do on their 1040s under the category “occupation?”
For instance, does Steven Seagal list his primary occupation as “actor?” And if so, my question is, how does that unimaginable stretching of the truth not trigger an audit?
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access