NY Tax Lawyer’s $100K in Deductions for Prostitutes Disallowed | ABA Journal - Law News Now: "A New York tax lawyer has lost a bid to deduct more than $100,000 in payments for prostitutes and pornography.
The federal Tax Court denied the deductions, claimed by lawyer William Halby as medical expenses for sex therapy. TaxProf Blog reported on yesterday's ruling, first noted by Tax Update Blog.
The U.S. Tax Court opinion (PDF) involved more than $100,000 in deductions for 2004 and 2005. Halby noted his visits to prostitutes in a tax journal, but they were not part of a physician-ordered therapy and they are illegal in New York, the Tax Court said."
Hat tip to Ted Hertel.
No comments:
Post a Comment