Quotes by Laurence Foster

“If you can show 90 percent of the income came in the fourth quarter, your penalty will be diminished, goes away or will only be for the fourth quarter.”

“There may be a reason to have a gym installed in your home,”

“Were the sales in January created by a tax motive? Probably,”

“You always have to run the numbers to see which would be appropriate.”

“The third alternative is to take a chance -- estimate what your income will be, and pay that.”

“There may be a reason to have a gym installed in your home. It covers capital improvements as prescribed by a doctor that dont increase the value of your home.”

“If you havent tracked it, its easier to take the 10 cents a mile.”

“You do have the opportunity to catch up, so you can try to truncate the penalty,”

“There are two things you dont want to get -- a letter from the IRS and a letter from the draft board. Theyre not calling up to say hello,”

“You may have $100 in the bank and be expecting a 1099 for $1, but it says $1,000 because some computer had a bad day.”