DAVID S. BABOIAN, CPA, PC

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1/28/2017

January 28th, 2017

Read Now
 
TAX TIP OF THE DAY... 10 Crazy Sounding Tax Deductions allowed by IRS Tax Court!!!

1. Breast augmentation allowed for exotic dancer Chesty Love... deductible as stage props.
2. 
Paying your lover... live-in girlfriend deducted as rental property manager. 
3. Deducting cat food even if you don't own a cat... business owner set out cat food to attract stray cats that killed snakes and rats.
4. Drunk driver allowed to deduct resulting 
auto body repairs.  
5. Babysitting fees... allowed as charity so Mom could do volunteer work.
6. Free beer... allowed as promotional expense by business owner.
7. Manicured lawn deducted... allowed because business customers visited the home regularly.
8. Dog moving expense allowed... finally a dog treated as a dependent!!!
9. Body oil deducted... allowed for professional body builder to "glisten".
10. Swimming pool deduction allowed... plus chemicals, pool insurance, and pool heater electric... all because a doctor recommended exercise to alleviate a medical condition.  

Source and more details:  
http://www.forbes.com/sites/robertwood/2015/01/26/10-crazy-sounding-tax-deductions-irs-says-are-legit/#2715e4857a0b13ab9b6b6505

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  • Home
  • Services
    • What we do
    • Are we right for you?
    • $99 Jump-start
  • Client zone
    • Individual clients >
      • Identity Theft - IRS Affidavit
      • Personal Financial Statement
    • Business & rental clients >
      • Example expenses
      • Mileage log
      • Petty cash log
      • Sales tax
      • W9 for subcontractor
      • Example Profit & Loss
      • Obamacare Self-employment Ledger
    • Payroll services >
      • Employee paystub portal
      • EMPLOYER set up forms
      • EMPLOYEE set up forms for new hires
    • Web Links
  • About us
    • Contact
    • Our team
    • Dave's resume
    • Dave's bands
    • Haunted Chamber
    • Picture gallery
  • Secure email