March 7, 2011
Unusual Tax Deductions
CNN has posted a feature on “10 of the wackiest things taxpayers have tried to deduct." Among the entries: a taxpayer who kept records of his visits to prostitutes and tried to deduct their cost, as well as the cost of pornography, as medical expenses. The full story is here.
Wait. The punchline is still coming: The taxpayer in question was a lawyer.
Things like this almost make me want to teach tax, but then I remember that my law school income tax class wasn't filled with things like this.
March 7, 2011 | Permalink