8 Strange Tax Deductions That Worked

Experience our Premium benefits to help your business. Add messages@docstoc.com to your address book | Unsubscribe. The Most Extraordinary Business Tax Deductions 1. Breast Augmentation (and Other Plastic Surgery) One of the most well known business deduction cases is that of Cynthia Hess, also known as "Chesty Love," an exotic dancer who wrote off her breast enlargement surgery as a tax deduction. The IRS rejected her claim, but a tax judge overruled their decision, determining that the surgery was directly tied to an increase in her income. 2. Food and Grooming for Your Pet Both dogs and cats have been successfully deducted as business expenses, but the circumstances are limited. Food, training and veterinary costs can usually be written off for guard dogs, dog breeders, farm dogs and sometimes even cats if they catch rats in a business facility. 3. Legal Defense When You Embezzle Money In 2003 Daniel Gordon, president of GEM, was taken to court and charged with money laundering, conspiracy to falsify records and wire fraud. A tax court judge found his legal costs to be partially deductible as "ordinary and necessary" business expenses. 4. Free Beer (Even if You Aren't a Bar) Deducting alcohol on your taxes can be tricky, but in one case a gas station owner named Edward J. Sullivan provided free beer as a promotional scheme and was able to successfully deduct the brews after proving that giving away free beer brought more business to his station. CLICK HERE FOR THE REST »   Docstoc, Inc. 409 Santa Monica Blvd., Ste 2A Santa Monica, CA 90401 We send this email to members of docstoc.com to update you on your friends' messages and our updates. If you wish to unsubscribe, we provide a settings link at the bottom of this page, or send us an email letting us know. If you have any questions you can e-mail or call us anytime by using our Contact Us page. Docstoc® is not responsible for 3rd party products, services, sites, etc. Our use of 3rd party trademarks does not signify or suggest the endorsement, affiliation, or sponsorship, of or by us of those trademark owners or their products or services, or they of us. Privacy Policy: For full information please read our Privacy Policy. You may unsubscribe from this mailing: Unsubscribe. *Disclaimer: Legal information is not legal advice. Read More.