Taxes » Tax Deductions » 10 Craziest Tax Deductions For 2011He'd better be a doctor or a porn star7 of 12The self-employed sometimes take liberties with the dues and subscriptions deduction, as this Massachusetts CPA found out by accident."A self-employed real estate professional had thousands of dollars in dues and subscriptions. When we reviewed the details of the account, the client was trying to deduct some personal subscriptions to adult magazines. We convinced the client to treat those items as a nondeductible personal expense."« Back to the Tax Deductions page. Related Articles:Tax breaks for businessesDependents pay off on taxesMiscellaneous deductionsDon't dare deduct these!Related Links:Tax breaks for homeownersDeducting job-search costs10 overlooked tax breaksDeducting job expenses advertisement
Taxes » Tax Deductions » 10 Craziest Tax Deductions For 2011
The self-employed sometimes take liberties with the dues and subscriptions deduction, as this Massachusetts CPA found out by accident.
"A self-employed real estate professional had thousands of dollars in dues and subscriptions. When we reviewed the details of the account, the client was trying to deduct some personal subscriptions to adult magazines. We convinced the client to treat those items as a nondeductible personal expense."
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