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Tuesday, July 11, 2006

Borg tax questions

New Page 2: "BORG QUESTIONS WITH H&R BLOCK ANSWERS

Q. Do we file as individuals or as a corporation?
A. As a corporation only if each borg is in 'good-standing' with the local planet's franchise tax commission. And properly capitalized!

Q. Can we deduct the cost of building/operating the Borg ships as a business expense? <<
A. Only if the operations can show a 'business intent' -- otherwise, it's just a fun loving hobby.

Q. Does assimilating a world count as a Capital Gain? Can we use our one-time deferment after we've assimilated the known Universe?
A. The one-time deferment is available only if you have not assimilated any other Known Universe's within a time period which extends exactly 24 months prior to and after the current assimilation.

Q. Can we claim mileage credit?
A. Only if you have a valid 'log book' and deviations from the standard rate per galaxy/mile equivalent are frowned on.

Q. If the IRS audits the Borg, is it against the tax codes to assimilate them? Rather, could we simply destroy them?
A. Destruction of the tax codes or documental evidence is plainly discussed in Section 7453 -- 'Rules of Practice, Procedure and Evidence' -- believe an adequate paraphrasing would be that 'if you can't find the body, you don't have a crime.....'
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