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Tool & Techniques World of Financial & Tax Planning 
By Jay Katz 
The IRS Halloween Bag of Tricks 
The Tools & Techniques of Income Tax Planning 
www.NationalUnderwriter.com
Tool & Techniques World of Financial & Tax Planning 
By Jay Katz 
Declaring Halloween, the last day of October, 
National 1031 Like-Kind Exchange Day: Tax-Free 
Exchanges of Tricks for Treats with a safe harbor for 
any trick or treater who holds out his or her back and 
proclaims, “Quid or Quo.” 
The Tools & Techniques of Income Tax Planning 
www.NationalUnderwriter.com
Tool & Techniques World of Financial & Tax Planning 
By Jay Katz 
Instructing Blood Banks to report deposits of 10,000 
or more pints of blood by any person dressed as 
Dracula. 
The Tools & Techniques of Income Tax Planning 
www.NationalUnderwriter.com
Tool & Techniques World of Financial & Tax Planning 
By Jay Katz 
Announcing that wicked witches of the west will be 
granted three more hours to file returns than wicked 
witches of the east. 
The Tools & Techniques of Income Tax Planning 
www.NationalUnderwriter.com
Tool & Techniques World of Financial & Tax Planning 
By Jay Katz 
Issuing a revenue ruling holding that anybody 
dressed up as Robin Hood will have to report 
anything taken from the rich but will be 
disallowed a charitable deduction for anything 
given to the poor. 
The Tools & Techniques of Income Tax Planning 
www.NationalUnderwriter.com
Tool & Techniques World of Financial & Tax Planning 
By Jay Katz 
Issuing a revenue procedure announcing the 
IRS will not privately rule on whether a 
person dressed up as Superman will be 
allowed to file a joint return with Clark Kent. 
The Tools & Techniques of Income Tax Planning 
www.NationalUnderwriter.com
Tool & Techniques World of Financial & Tax Planning 
By Jay Katz 
Announcing that any person who steals a 
costume must report it as income and incur a 
penalty for identity theft. 
The Tools & Techniques of Income Tax Planning 
www.NationalUnderwriter.com
Tool & Techniques World of Financial & Tax Planning 
By Jay Katz 
On Halloween, revenue officers and revenue 
agents dressed as Vikings will do field audits 
of Capital One asking it to explain “What’s in 
their wallet.” 
The Tools & Techniques of Income Tax Planning 
www.NationalUnderwriter.com
Tool & Techniques World of Financial & Tax Planning 
By Jay Katz 
Will send qualifying appraisers to random 
neighborhoods to value the candy that each 
household in the neighborhood intends to give 
out. Any household with candy valued at $600 
or more must issue 1099-TREATS. 
The Tools & Techniques of Income Tax Planning 
www.NationalUnderwriter.com
Tool & Techniques World of Financial & Tax Planning 
By Jay Katz 
That the Commissioner has no comment on a 
new film described as an IRS Thriller called 
“Friday the 15th” a story about a mummy 
who attempts to file as Head of Haunted 
Household. 
The Tools & Techniques of Income Tax Planning 
www.NationalUnderwriter.com
Tool & Techniques World of Financial & Tax Planning 
By Jay Katz 
If this type of tax discussion strikes your fancy, 
join Jay Katz’ Linkedin Group: 
The Tools & Techniques World of Financial and Tax Planning. 
The Tools & Techniques of Income Tax Planning 
www.NationalUnderwriter.com
Tool & Techniques World of Financial & Tax Planning 
By Jay Katz 
Jay Katz is also the author of The Tools & Techniques of Income Tax 
Planning, 4th Edition--a single-volume reference that takes the 
reader through all the income tax topics your clients may 
encounter—no matter where they originate—providing easy-to-understand, 
practical guidance for situations that are often 
confusing. 
The Tools & Techniques of Income Tax Planning, 4th Edition, 
provides everything you need to put the optimal strategic plan in 
place, while taking into consideration the tax-related elements of: 
• The American Recovery and Reinvestment Act 
• The Affordable Care Act 
• The American Taxpayer Relief Act 
Learn more today. 
The Tools & Techniques of Income Tax Planning 
www.NationalUnderwriter.com

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The IRS Halloween Bag of Tricks

  • 1. Tool & Techniques World of Financial & Tax Planning By Jay Katz The IRS Halloween Bag of Tricks The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com
  • 2. Tool & Techniques World of Financial & Tax Planning By Jay Katz Declaring Halloween, the last day of October, National 1031 Like-Kind Exchange Day: Tax-Free Exchanges of Tricks for Treats with a safe harbor for any trick or treater who holds out his or her back and proclaims, “Quid or Quo.” The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com
  • 3. Tool & Techniques World of Financial & Tax Planning By Jay Katz Instructing Blood Banks to report deposits of 10,000 or more pints of blood by any person dressed as Dracula. The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com
  • 4. Tool & Techniques World of Financial & Tax Planning By Jay Katz Announcing that wicked witches of the west will be granted three more hours to file returns than wicked witches of the east. The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com
  • 5. Tool & Techniques World of Financial & Tax Planning By Jay Katz Issuing a revenue ruling holding that anybody dressed up as Robin Hood will have to report anything taken from the rich but will be disallowed a charitable deduction for anything given to the poor. The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com
  • 6. Tool & Techniques World of Financial & Tax Planning By Jay Katz Issuing a revenue procedure announcing the IRS will not privately rule on whether a person dressed up as Superman will be allowed to file a joint return with Clark Kent. The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com
  • 7. Tool & Techniques World of Financial & Tax Planning By Jay Katz Announcing that any person who steals a costume must report it as income and incur a penalty for identity theft. The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com
  • 8. Tool & Techniques World of Financial & Tax Planning By Jay Katz On Halloween, revenue officers and revenue agents dressed as Vikings will do field audits of Capital One asking it to explain “What’s in their wallet.” The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com
  • 9. Tool & Techniques World of Financial & Tax Planning By Jay Katz Will send qualifying appraisers to random neighborhoods to value the candy that each household in the neighborhood intends to give out. Any household with candy valued at $600 or more must issue 1099-TREATS. The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com
  • 10. Tool & Techniques World of Financial & Tax Planning By Jay Katz That the Commissioner has no comment on a new film described as an IRS Thriller called “Friday the 15th” a story about a mummy who attempts to file as Head of Haunted Household. The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com
  • 11. Tool & Techniques World of Financial & Tax Planning By Jay Katz If this type of tax discussion strikes your fancy, join Jay Katz’ Linkedin Group: The Tools & Techniques World of Financial and Tax Planning. The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com
  • 12. Tool & Techniques World of Financial & Tax Planning By Jay Katz Jay Katz is also the author of The Tools & Techniques of Income Tax Planning, 4th Edition--a single-volume reference that takes the reader through all the income tax topics your clients may encounter—no matter where they originate—providing easy-to-understand, practical guidance for situations that are often confusing. The Tools & Techniques of Income Tax Planning, 4th Edition, provides everything you need to put the optimal strategic plan in place, while taking into consideration the tax-related elements of: • The American Recovery and Reinvestment Act • The Affordable Care Act • The American Taxpayer Relief Act Learn more today. The Tools & Techniques of Income Tax Planning www.NationalUnderwriter.com