Posted on | February 28, 2013 | 2 Comments
Strange But Legitimate Tax Deductions from TurboTax.com
Tax season is anticipated by some and dreaded by others. For accountants and tax professionals, however, it can be a time of amusement. Tax professionals are used to helping people get the maximum deductions on their taxes, but there are some deductions that take the cake. TurboTax professionals often highlight the odd, but legitimate, tax deductions that they see every year.
Fido’s New Pad Can Pad Your Refund
Did you know that you can claim a deduction for moving expenses for your pet? If you are relocating for a new job, you can deduct the cost of your moving expenses, including extra expenses incurred to move your pet.
Swimming in Cash
Many people think of swimming pools as expensive investments that drain money from your bank account. If you, however, have a medical condition that is relieved through swimming, you may be able to deduct the cost of maintaining your pool as a medical expense.
Lose Weight, Gain Money
If your doctor has recommended weight loss as a means to improve your health, you may be able to deduct the cost of medical weight loss treatments.
Your “Enlargement” Can Result in a Refund Enlargement
An exotic dancer was able to claim breast enlargement surgery as a business expense. She argued that enhancing her appearance allowed her to earn more money in her business.
Tax professionals see it all between January and April. When you are ready to file your taxes, the professionals at TurboTax.com can help you to get every deduction and the maximum refund on your taxes.