Thursday, March 27, 2014

Black Magic Tax Magic.


Black Magic Tax Magic
by james bezerra

Each month I move
25 thousand dollars
into your account and use it
to pay your bills
with company cash.
You use it to buy cigars
and cars and 200
dollar socks and whatever
else you think makes respect.
All the company
money is your money.
That’s the tax magic
of the LLC and we
play the tax code
like thin cat gut.
I charge rent
to your companies
with no Employees
to create debt
that isn’t real
to offset
the profit
on your Schedule C.
The  black magic
tax magic
of the LLC
is that you can
owe money
to yourself and
write it off.
You smoke
more Behikes
than any other
debtor I know.

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