Thursday, April 9, 2009

Wacky Tax

From Newsweek

Cleverly worded tax deductions so it's not obvious which particular taxpayer is getting help.

4. Clarinets and Other Medical Necessities
Way back in 1962, the IRS approved a write-off that was so out there, it's still a favorite of tax lawyers. The agency allowed parents to deduct their children's clarinet and music lessons. The reason? Orthodontists argued that it would help with kids' overbites.

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