Q: How do we know Peter was a rich fisherman? AA By his net income.

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Q: What's grey has 6 legs, 2 arms and is twenty feet tall? A: A tax accountant riding an elephant.

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The tax advisor had just read the story of Cinderella to his four-year-old daughter for the first time. The little girl was fascinated by the story, especially the part where the pumpkin turns into a golden coach. Suddenly she piped up, "Daddy, when the pumpkin turned into a golden coach, would that be classed as income or a long-term capital gain?"

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Where do homeless accountants live? In a tax shelter.

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How do you know you have a great CPA? He has a tax loophole named after him.

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