Tax write offs for prostitutes

[Twoply 0]

A few of my friends fly out to Vegas every weekend to work the scene. They bring home enough cash to fund their individual lifestyles.
At a recent party, we were talking about what is fair for them to write off. I suggested they write off their airfare costs. It became a lively conversation that night.

So I ask, should a legal prostitute be able to write off airfare?

[livendive 8]

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So I ask, should a legal prostitute be able to write off airfare?

Absolutely. She should also be able to write off condoms and advertising costs and anything any other sole proprietor would be allowed to deduct.

Blues,
Dave

"I AM A PROFESSIONAL EXTREME ATHLETE!"
(drink Mountain Dew)

[Broke 0]

So that would also mean the lease to her car and autoinsurance

Divot your source for all things Hillbilly.
Anvil Brother 84
SCR 14192

[ExAFO 0]

Would douche be another deduction? What about the high colonic machine--is that deductible under IRC 162 or to be capitalized/amortized under IRC 263?

Illinois needs a CCW Law. NOW.

[livendive 8]

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So that would also mean the lease to her car and autoinsurance

Only a percentage equal to the percent that her miles to and from the aiport are of the total miles. But that makes me think...I've only been deducting a percentage of the interest I pay on my truck loan. Given that my business miles comprise >50% of my total miles, shouldn't a portion of my auto insurance also be tax deductible? Sweet!

Blues,
Dave

"I AM A PROFESSIONAL EXTREME ATHLETE!"
(drink Mountain Dew)

[JohnMitchell 16]

I take the straight mileage deduction for tax write offs. All of our vehicles are paid for and get fairly good mileage. I think it's 48 cents a mile this year. My accountant knows for sure.

[itllclear 1]

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I think it's 48 cents a mile this year

48.5 cents!

http://www.irs.gov/newsroom/article/0,,id=163828,00.html

"Harry, why did you land all the way out there? Nobody else landed out there."

"Your statement answered your question."

[JohnMitchell 16]

Yee haw!

[DrewEckhardt 0]

Quote

A few of my friends fly out to Vegas every weekend to work the scene. They bring home enough cash to fund their individual lifestyles.
At a recent party, we were talking about what is fair for them to write off. I suggested they write off their airfare costs. It became a lively conversation that night.

So I ask, should a legal prostitute be able to write off airfare?

Only if she's a contractor and not an employee at a brothel, because statutory employees are not allowed to deduct commuting costs.