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14 Tax Breaks You Won’t Believe Are Real

Source: https://kiplinger.com/slideshow/taxes/T054-S011-tax-breaks-deductions-you-won-t-believe-are-real/index.html - Jan 4, 2019

Okay, admit it: As you’ve struggled with your tax return, trying to come up with some extra deductions to pump up your refund or reduce what you owe, you’ve taken a few flights of fancy. “Can I claim a deduction for all those blood donations at the Red Cross?” Nope. “How about a charitable contribution for all the time I donate to the church?” No, again. “Can I take my dog as a dependent?” Come on!

On the other hand, your fellow taxpayers have successfully claimed write-offs for many things that most of us wouldn’t even imagine, ranging from cat food to body oil used by a professional bodybuilder.

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Category: General Business