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Estate Planning

: North Carolina Estate Planning Blog

Duh! Prostitutes and Porn are Not Tax Deductible

By Gregory Herman-Giddens

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A New York tax lawyer, of all people, was denied medical expense deductions for $100,000 or so in expenses for his prostitute and pornography habit.  See the TaxProf's posting on the U.S. Tax Court case of Halby v. Commissioner, T.C. Memo 209-204.

Much more scintillating than than the tax problems of Obama's cabinet members and Charles Rangel!

 

Full post as published by North Carolina Estate Planning Blog on September 18, 2009 (boomark / email).

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