Speaking of claiming sex toys as tax deductions… anyone else notice that Monday is Valentine’s Day?
It’s one of those Hallmark Holidays, sure, but that doesn’t mean that you can’t get into the spirit. Some investors and businesses operating through the right structures will often take that a step further, and claim a small tax deduction for gifts to professional associates such as trustees and employees… potentially, including those purchased in mid-February.
Because after all, nothing quite says “I love you” like a 31.5% discount on chocolates and flowers (and sex toys?) from buying those gifts using pre-tax dollars… right?