You Deducted What?! Devious Deductions and Eccentric Tax Evaders

By Admin, June 7, 2012

you-deducted-what-devious-deductions-and-eccentric-tax-evaders

You Deducted What?! covers strange but legitimate deductions, failed tax deductions, and celebrity tax evaders. Here are some of the facts: Legitimate Tax Deductions: The cost of cat food was written off as a business expense for a junkyard owner with a rat and snake problem. Failed Tax Deductions: One man tried to deduct his mink coat as a business expense, claiming it was a conversation starter when visiting clients. Celebrity Tax Evaders: Wesley Snipes owed the IRS $15 million but paid it off and went to federal prison for three years

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