Musings of a Burbank CPA: Topless Dancer Redefines ‘Ordinary and Necessary’

Now here we have a new definition of ordinary and necessary business expenses in a case won by a topless dancer for inplants!  See this posting in AccountingWeb by Julian Block for more details of the case and why she won:

http://www.accountingweb.com/article/topless-dancer-redefines-ordinary-and-necessary/223296

Now be aware that there were some extreme circumstances here (she went to an extreme measure to get tips and make publicity for herself on talks shows like Howard Stern, plus because of the size of the implants she was going to have them removed when she retired from dancing.) but it is an interesting case of  ”if you can prove a business purpose, it is probably deductible.” 

  Uncle Sam Whittling Bus DeductionDollar Stopsign For financial,  accounting and tax musings,

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