All of my articles that have been
about deductions and credits have been beneficial ones that will save
you money and give you a great return. This time I have decided to list
some deductions people have filed on their taxes that they shouldn't
have. Included are reports of arson, drug trafficking, and a few others
that should definitely show you that the Internal Revenue Service is
serious about what you put down on your taxes, and they are looking.
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Making sure your
family has the best air quality possible is a noble effort, however
futile it is with all the pollution we fill our atmosphere with every
day. A man took this ideal and ran with it, so much so that he listed a
deduction as “pure bubble.” The IRS agent who audited and inquired
further about the man's efforts to make his home have the purest air
possible was laughing so hard at this guy trying to deduct his purified
air he waived all penalties, but not enough to put his deduction though,
as it was still denied.
Being
a drug lord is hard, but you're probably looking into the wrong line of
work if you think the tax system of our Government is going to look
highly on you claiming your drugs on your taxes. One entrepreneur listed
a crop of marijuana as a deductible expense, and his honesty was not
the best policy in this situation. His tax dollars were safe, but his
cash crop and his property went “up in smoke” for lack of a better term.
It's
common knowledge that the wedding industry is enormous, and
extravagant. Being a 60 billion dollar industry means it's also very
expensive. One cheap father had the brilliant idea to invite a few of
his business clients to the wedding, which he attempted to use as
leverage to write off his daughter's entire wedding as an entertainment
expense for his business! This, to no one's surprise, was flagged by the
IRS and he was forced to not only foot the bill for the wedding, but
pay some hefty fines as well. Sometimes if you know they will say no,
don't try it.
Your
animals are special to you. They are even considered family by most. The
Internal Revenue Service, however, does not consider your animals
dependents. To some who have no children and only animals it may seem
unjust, but having them under your care doesn't save you more on your
taxes. It may suck you can't deduct that overpriced toy you bought them
that they don't even give a second look to, but they're still your
friends forever.
You may
think a professional doing a procedure on your body for modification
purposes may sound like something you can claim on your taxes, tattoos
are an elective procedure. This prohibits you from using them as a
deduction, and the IRS will not look too kindly on your personal forms
of self expression. Yet another reason to think twice before you lay
down under the knife or the needle.
In
order to prevent these kinds of deductions going on your record and your tax filings, let
Online Tax Pros make sure you qualify for everything you can claim, and
step in to tell you what you can't claim. We are ready to get the most
out of your return so your taxes don't have to be a scary situation like
these peoples'. E file with us this tax season!
Visit our site: http://www.onlinetaxpros.com
And our blog: http://www.onlinetaxprofessionals.blogspot.com
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