So would you say "writing off business lunches or supplies" is governed by black and white or falls under the gray area and can be interpreted in different ways as taking legal copyrighted reprints and altering them to appear aged?
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Originally Posted by vintagecpa
LOL. I never thought my professional choice would get ripped on a baseball card forum. For the record, I am a CPA. I think it would be a stretch to blame the latest recession on CPA's (or Enron). I don't know a single CPA that sold a sub-prime mortgage. Yes, when I prepare peoples taxes, there is a certain amount of "writing off" that occurs. But there is this minor detail called the tax code that guides us as to what is legal and not legal. Most everything is in black and white. A very similar code exists with copyright laws. But I'm sure your not interested in hearing about those laws.
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