Outrageous Tax Deductions
Essex & Associates:: www.essexinc.biz February 21, 2011
Greetings!
The following is a list of the most outrageous tax deductions proposed by clients and our response.
Entertainment expense?
An over-the-road truck driver wanted to deduct the cost of female companionship while traveling.
I thought people became over-the-road drivers to avoid females telling them how to drive.
Contracted services?
The cost of a tattoo on the client's derriere.
That's called putting a billboard on the moon.
Protection services?
All the expenses associated with a dog, because it served as the owner's security system.
Man's best friend is not a good tax deduction. That's the accountant's best friend.
A home office?
A corporate executive wanted to deduct 60 percent of the exec's home as an office, when almost no business activity occurred at the home.
His home/office is an oxymoron just like accountant/comedian, nice toupee, Senate Ethics Committee.
Dependent?
A woman wanted to claim her spouse as a dependent.
He probably depends on her for everything. Just what she needs, another child.
Business expense?
A doctor wanted to deduct his hair styling costs, including hair dye.
We are recommending a hat.
Business expense?
A woman in sales wanted to write off the cost of hair care, manicures and jewelry because she needed to look good.
I guess beauty is skin deep, and ugly is not deductible.
Charitable donation?
A client wanted to take a substantial deduction for used designer suits donated to a charity.
He may have to replace these suits with ones with stripes.
Wishing you many happy returns,
Wayne
Wayne T. Essex Ph.D.
Essex & Associates
Tax, Accounting, HR, Payroll
7501 Paragon Road
><> 937.432.1040 <><
