Theory of Relativity vs. Income Taxes

In 1963, Time magazine published an excerpt from a letter written by Leo Mattersdorf, a friend, and accountant of Einstein, who had prepared the professor’s income tax returns and advised him on his taxes for many years:

Einstein: “The hardest thing in the world to understand is income taxes.”
Mattersdorf: “There is one thing more difficult, and that is your theory of relativity.”
Einstein: “Oh, no, that is easy.”
Mrs. Einstein: “Yes, for you.”

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About Accounting & Business Partners

Accounting & Business Partners is a CPA firm with an accurate, consistent and timely bookkeeping, payroll and tax departments. We believe that success lies in numbers. However, the drive behind the numbers is what truly matters. That’s why we look beyond the financial statements.

Accounting & Business Partners Team