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You Deducted What?! Devious Deductions and Eccentric Tax Evaders

Devious Deductions and Eccentric Tax Evaders covers strange but legitimate deductions, failed tax deductions, and celebrity tax evaders. Here are some of the facts: Legitimate tax deductions Cat food: 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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One comment

  1. I really wish I could deduct vet costs…with 3 dogs I spend quite a load of cash there.

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