Wednesday, April 30, 2008
In the new movie Deception, the hero is tax accountant Jonathan McQuarry (played by Ewan McGregor). At one point in the movie, the accountant says to a friend, Wyatt Bose (played by Hugh Jackman), that he once called an adult-themed telephone hotline and ended up talking to the woman at the other end about how section 179 applied to her Escalade. The friend replies, "You started talking to her about gift tax?" The accountant laughs and nods. Of course, section 179 has nothing to do with the gift tax.