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Holiday Gifts for Tax Collectors

It is the most taxing question many of us face each holiday season: What to get for our favorite tax professional. Whether the person on your list collects your taxes or helps you avoid them, finding the perfect gift is undoubtedly a capital gain. Once again, it is blogs to the rescue. In a series of posts at TaxProf Blog, the never-taxing blogger Paul L. Caron compiles a precisely calculated collection of holiday gifts for tax people. (One might ask: Aren't we all tax people?) His finds include a mahogany-framed reproduction of the original 1913 Form 1040; an assortment of IRS chocolates; coffee mugs with tax-related quotes, including Albert Einstein's statement, "The hardest thing in the world to understand is the income tax"; and Caron's own book, Tax Stories. Caron's tax-gift posts are here, here, here and here.

Will you be able to deduct your holiday purchases for tax professionals? Caron doesn't say, but he does point to a post by blogger Andrew Coyne, who proposes a Santa tax incentive in the form of a tax credit for children's gifts:

"As any parent can attest, Christmas presents are not a discretionary expense: only those without either children or a heart would think otherwise. Yet unlike other necessities, no provision is made for this in the tax laws."

Perhaps holiday shopping is all just a matter of deduction.

Posted by Robert J. Ambrogi on December 20, 2006 at 05:23 PM | Permalink | Comments (1)


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