fbpx
Celebrating William Shakespeare's 456th birthday -- and a dark episode from his history
Share on facebook
Facebook
Share on linkedin
LinkedIn
Share on email
Email

Shakespeare the Tax Cheat: A Drama in Two Sonnets

One April day, in 1564
(We know the month, but sadly not the date)
The Bard the world would someday all adore
Was born to write the plays we’d see as great.

Today we think of Shakespeare’s clever quatrains.
Yet he was so much more than just a scrivener.
His businesses included trading grains
And storing them for buyers making dinner.

But sometimes business prompts a hard discussion:
What separates a trader from a hoarder?
How much to charge with no ill repercussion?
It seems he charged too much for law and order.

And so it came in 1598
He faced tax prosecution from the state.

Sign up for The Briefs

Over 20,000 CPAs, tax professionals, and financial advisors subscribe to The Briefs. Subscribe now to receive expert insight on growing your business, links to the latest Tax Beat and Tax Tactics articles. You will also receive invitations to webinars, events, and special offers. Published weekly.

To cheat, or not to cheat, that is the question:
We all know no one likes to pay their taxes.
But sadly, taxes aren’t a mere suggestion
And Shakespeare put himself above the masses.

The verdict? Well, today, we’re left without one.
The answer, “free” or “guilty,” lost to mystery.
It’s safe to think that penalties were none —
Or else we’d see the stain on Shakespeare’s history.

So, how are we to think about this Bard?
The artist, now revealed as merely human.
We still revere his words with high regard,
Accompanied by moneywise acumen.

And no, we can’t resent his pain at paying.
We sympathize with seeing him disobeying!

Tax Beat is a weekly column with a unique angle: making taxes entertaining. Every week Ed explores the humorous aspects of taxes and current events. 

Edward Lyon

Edward Lyon

Edward A. Lyon is CEO of the Tax Master Network, where he's coached tax professionals to add planning and financial services to their business since 2005. Go here to join the network. Go here to upgrade your membership or discuss opportunities in financial services.
Edward Lyon

Edward Lyon

Edward A. Lyon is CEO of the Tax Master Network, where he's coached tax professionals to add planning and financial services to their business since 2005. Go here to join the network. Go here to upgrade your membership or discuss opportunities in financial services.

save your clients thousands and build a million dollar business

Get your FREE Copy Of Selling Tax Savings

Previous Issues of The Briefs

Big Yellow Taxi

Here’s what you don’t know about those big-box stores on the edge of town.

Membership includes everything you need to grow your business:

Have questions before you sign up? Schedule a 30-minute meeting.

Get the tools you need
to build your business and impress your clients for $99

Recent articles from Ed Lyon and Tax Master Network

Big Yellow Taxi

Here’s what you don’t know about those big-box stores on the edge of town.

Get Your Free E-Book

Enter your email to receive “Selling Tax Strategies” directly to your inbox!