tax question for accountants

Question for the group:

Do I get a tax deduction for my flying (to medical meetings) and/or as
I'm a senior aviation medical examiner for the FAA? The IRS says
"no."

Anyone have any other information?

CigarBaron

On May 1, 8:03 am, Marc Schneiderman <garba...@telerama.com> wrote:
> Question for the group:
>
> Do I get a tax deduction for my flying (to medical meetings) and/or as
> I'm a senior aviation medical examiner for the FAA?  The IRS says
> "no."
>
> Anyone have any other information?
>
> CigarBaron


Yes, you're also a criminal!

In article <rqfj14thojs7tkgekpr28qfg7od21i69io@4ax.com>,
Marc Schneiderman <garbaron@telerama.com> wrote:

> Do I get a tax deduction for my flying (to medical meetings) and/or as
> I'm a senior aviation medical examiner for the FAA? The IRS says
> "no."
>
> Anyone have any other information?

On what grounds do they say no?!

You're going to the meeting for work-related meetings, right? You fly
as part of the travel required to get there, right? I don't think the
IRS could find any code that says you are required to take the cheapest
means available.

What is the difference in cost to fly business class (7 day advanced
purchase) on the most convenient airline?

Tell them you're Jewish, for crying out loud, "...and don't make me sick
my accountants on you!" :D

--
Please take off your pants or I won't read your e-mail.
I will not, no matter how "good" the deal, patronise any business which sends
unsolicited commercial e-mail or that advertises in discussion newsgroups.

On Thu, 01 May 2008 07:03:48 -0700, Miss Elaine Eos
<Misc@your-pants.PlayNaked.com> wrote:

>
>Tell them you're Jewish, for crying out loud, "...and don't make me sick
>my accountants on you!" :D

The auditor feels that my sitting on medical boards does not
constitute a money making entity of the office.
CigarBaron

"Marc Schneiderman" <garbaron@telerama.com> wrote in message
news:intl141qv65grsk80p67krqg2env29tv31@4ax.com...
> On Thu, 01 May 2008 07:03:48 -0700, Miss Elaine Eos
> <Misc@your-pants.PlayNaked.com> wrote:
>
>>
>>Tell them you're Jewish, for crying out loud, "...and don't make me sick
>>my accountants on you!" :D
>
> The auditor feels that my sitting on medical boards does not
> constitute a money making entity of the office.

Are you compensated for sitting on said boards?

On Fri, 2 May 2008 06:49:20 -0700, "Tom S." <t.m.s.work@cox.net>
wrote:

>
>Are you compensated for sitting on said boards?

Only one of the them. Does that make a difference?
CigarBaron

"Marc Schneiderman" <garbaron@telerama.com> wrote in message
news:6oko149qhhgcit1meo6htnb9bu5mtat6l1@4ax.com...
> On Fri, 2 May 2008 06:49:20 -0700, "Tom S." <t.m.s.work@cox.net>
> wrote:
>
>>
>>Are you compensated for sitting on said boards?
>
> Only one of the them. Does that make a difference?

In the case of the one board that you ARE compensated, that travel should be
deductible (whether airline, car, or Beech Baron). If membership on the
other boards contribute to your own practice, it can be said that the travel
related expenses to sit on them is also deductible.

On Sat, 3 May 2008 13:41:53 -0700, "Tom S." <t.m.s.work@cox.net>
wrote:

>
>"Marc Schneiderman" <garbaron@telerama.com> wrote in message
>news:6oko149qhhgcit1meo6htnb9bu5mtat6l1@4ax.com...
>> On Fri, 2 May 2008 06:49:20 -0700, "Tom S." <t.m.s.work@cox.net>
>> wrote:
>>
>>>
>>>Are you compensated for sitting on said boards?
>>
>> Only one of the them. Does that make a difference?
>
>In the case of the one board that you ARE compensated, that travel should be
>deductible (whether airline, car, or Beech Baron). If membership on the
>other boards contribute to your own practice, it can be said that the travel
>related expenses to sit on them is also deductible.

Thanks Tom.
CigarBaron
>

In article <intl141qv65grsk80p67krqg2env29tv31@4ax.com>,
Marc Schneiderman <garbaron@telerama.com> wrote:

> On Thu, 01 May 2008 07:03:48 -0700, Miss Elaine Eos
> <Misc@your-pants.PlayNaked.com> wrote:
> >Tell them you're Jewish, for crying out loud, "...and don't make me sick
> >my accountants on you!" :D

> The auditor feels that my sitting on medical boards does not
> constitute a money making entity of the office.
> CigarBaron

Ah, interesting point. I'm afraid I can't speak much to that without
reading more tax-code than I'm likely to do this year.

However, you might point out that continuing education also does not
constitute a money making entity of the office, yet you do it, and
deduct it, and the IRS allows it. I had a couple other examples, but
can't think of them, now.

Sitting on those boards is part of your "marketing" budget. It results
in you getting more patients than you would get if you did not sit on
those boards. It's similar to professional association membership.
(Heck, it *IS* professional association membership, isn't it?!)

--
Please take off your pants or I won't read your e-mail.
I will not, no matter how "good" the deal, patronise any business which sends
unsolicited commercial e-mail or that advertises in discussion newsgroups.

On Fri, 02 May 2008 07:47:51 -0700, Miss Elaine Eos
<Misc@your-pants.PlayNaked.com> wrote:

>
>Sitting on those boards is part of your "marketing" budget. It results
>in you getting more patients than you would get if you did not sit on
>those boards. It's similar to professional association membership.
>(Heck, it *IS* professional association membership, isn't it?!)

Yes on all questions.
CigarBaron

"Marc Schneiderman" <garbaron@telerama.com> wrote in message
news:mpko14le8m4so2ljd4aq9vqh08lfd7os8r@4ax.com...
> On Fri, 02 May 2008 07:47:51 -0700, Miss Elaine Eos
> <Misc@your-pants.PlayNaked.com> wrote:
>
>>
>>Sitting on those boards is part of your "marketing" budget. It results
>>in you getting more patients than you would get if you did not sit on
>>those boards. It's similar to professional association membership.
>>(Heck, it *IS* professional association membership, isn't it?!)
>
> Yes on all questions.

It should NOT be stated that you sit on those boards as a _marketing_ ploy,
but it should be said that it contributes greatly to patients and other
professionals being aware of your regular practice (i.e., you get very many
referrals from other medical professionals).

In article <J84Tj.109$tM1.23@newsfe20.lga>,
"Tom S." <t.m.s.work@cox.net> wrote:

> "Marc Schneiderman" <garbaron@telerama.com> wrote in message
> news:mpko14le8m4so2ljd4aq9vqh08lfd7os8r@4ax.com...
> > On Fri, 02 May 2008 07:47:51 -0700, Miss Elaine Eos
> > <Misc@your-pants.PlayNaked.com> wrote:
> >
> >>
> >>Sitting on those boards is part of your "marketing" budget. It results
> >>in you getting more patients than you would get if you did not sit on
> >>those boards. It's similar to professional association membership.
> >>(Heck, it *IS* professional association membership, isn't it?!)
> >
> > Yes on all questions.
>
> It should NOT be stated that you sit on those boards as a _marketing_ ploy,
> but it should be said that it contributes greatly to patients and other
> professionals being aware of your regular practice (i.e., you get very many
> referrals from other medical professionals).

That's what marketing is.

Of course, you're right that one should never admit that one conducts
business as a "ploy"... ;)

--
Please take off your pants or I won't read your e-mail.
I will not, no matter how "good" the deal, patronise any business which sends
unsolicited commercial e-mail or that advertises in discussion newsgroups.

"Miss Elaine Eos" <Misc@your-pants.PlayNaked.com> wrote in message
news:Misc-F93AB5.14023603052008@news.sf.sbcglobal.net...
> In article <J84Tj.109$tM1.23@newsfe20.lga>,
> "Tom S." <t.m.s.work@cox.net> wrote:
>
>> "Marc Schneiderman" <garbaron@telerama.com> wrote in message
>> news:mpko14le8m4so2ljd4aq9vqh08lfd7os8r@4ax.com...
>> > On Fri, 02 May 2008 07:47:51 -0700, Miss Elaine Eos
>> > <Misc@your-pants.PlayNaked.com> wrote:
>> >
>> >>
>> >>Sitting on those boards is part of your "marketing" budget. It results
>> >>in you getting more patients than you would get if you did not sit on
>> >>those boards. It's similar to professional association membership.
>> >>(Heck, it *IS* professional association membership, isn't it?!)
>> >
>> > Yes on all questions.
>>
>> It should NOT be stated that you sit on those boards as a _marketing_
>> ploy,
>> but it should be said that it contributes greatly to patients and other
>> professionals being aware of your regular practice (i.e., you get very
>> many
>> referrals from other medical professionals).
>
> That's what marketing is.

Yes.

Do you know that "marketing" is not in the dictionary? :~)

>
> Of course, you're right that one should never admit that one conducts
> business as a "ploy"... ;)

Yes, you want to tell them it's part of a conspiratorial plot.

In article <qW6Tj.31202$KJ1.25227@newsfe19.lga>,
"Tom S." <t.m.s.work@cox.net> wrote:

> > Of course, you're right that one should never admit that one conducts
> > business as a "ploy"... ;)

> Yes, you want to tell them it's part of a conspiratorial plot.

I wonder if anyone's ever tried to waste the allotted audit time doing
conspiracy theory stuff.

Auditor: <any question>?

Citizen: Who wants to know? Why do you ask? Are you with *THEM*...?
<pulls shades>

Misc "Where's Lee? I have an idea for a movie..."

--
Please take off your pants or I won't read your e-mail.
I will not, no matter how "good" the deal, patronise any business which sends
unsolicited commercial e-mail or that advertises in discussion newsgroups.

"Miss Elaine Eos" <Misc@your-pants.PlayNaked.com> wrote in message
news:Misc-240FC0.18152403052008@news.sf.sbcglobal.net...
> In article <qW6Tj.31202$KJ1.25227@newsfe19.lga>,
> "Tom S." <t.m.s.work@cox.net> wrote:
>
>> > Of course, you're right that one should never admit that one conducts
>> > business as a "ploy"... ;)
>
>> Yes, you want to tell them it's part of a conspiratorial plot.
>
> I wonder if anyone's ever tried to waste the allotted audit time doing
> conspiracy theory stuff.
>
> Auditor: <any question>?
>
> Citizen: Who wants to know? Why do you ask? Are you with *THEM*...?
> <pulls shades>
>
> Misc "Where's Lee? I have an idea for a movie..."
>
Me, too; The IRS tries to audit this dude that's really a cyborg, and his
wife is really an extraterrestrial alien. When the IRS agent disallows the
deduction, the cyborg devours the agent....