And we’re the ones writing it off
One my favorite all-time Seinfeld moments is when Kramer tries to convince Jerry to blame his broken stereo on the Post Office, which leads to this exchange: Kramer : It’s just a write-off for them. Jerry : How is it a write-off? Kramer : They just write it off. Jerry : Write it off what ? Kramer : Jerry, all these big companies, they write off everything. Jerry : You don’t even know what a write-off is. Kramer : Do you? Jerry : No, I don’t. Kramer : But they do. And they’re the ones writing it off. “Write it off what ?” is something my wife and I say to each other every time we hear the phrase “write it off.” We say it a lot to each other during this glorious time of year, tax season. I have no idea what I am doing tax-wise. I realize many people say that, but I truly have no clue. I have no general concept of what “doing taxes” even means, and why a system is in place that requires the taxpayer to personally go back and account for errors pertaining to what he o...