Tax Day
April 17th, 2007 by
Senior Editor: Jeff
Taxes are due today. Remember, with the Fair Tax, April 15th (17th) would be just another day… but just in case you need some last minute ideas for deductions from a few tax preparers (from Business Week, 4/23/07):
“Lots of clients with expensive pets or big veterinarian bills ask if they can list their pets as dependents. And only some of them are kidding.” -Mat Tecosky
“A woman wanted to know if she could deduct the value of the excess skin she had removed after losing 200 pounds. She’d donated that excess to a skin bank.” - James Weikart
“Someone tried to deduct his house, which he’d given away to his local fire department to burn up in a training exercise. He couldn’t–because the value of his property went up once the house was gone.” -Steve Bennett
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