The 9 weirdest tax write-offs
I found a humorous article on MSN Money entitled "The 9 weirdest tax write-offs." It will get your creative juices flowing on ways to minimize taxes as we enter the tax season. My favorite quote from the article (on an interesting approach to depreciation deductions) is:
Then there was the client who approached Manhattan CPA Marc Albaum about a very personal tax matter. "He had made some money being a sperm donor and wanted to know if he could take a depletion allowance," Albaum recalls. "I told him he really needed to be an oil well or something like that."