http://espn.go.com/nfl/story/_/id/94038 ... ers-source
"Because No. 24 is part of Revis' identity he can claim the $50,000 as a business expense in a tax deduction, Robert Raiola, an accountant with FMRTL in Cranford, N.J., whose clients include athletes, told ESPN.com's Darren Rovell. Barron, in turn, has to claim it as income."
If I wear Nike shoes for 6 years does that mean it becomes part of my identity and I can write off every pair of nikes I buy from there on out? Cmon....that is a tax write off? Really???
Identity = tax write off
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appdaze
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ASUMountaineer
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Re: Identity = tax write off
Yet, the majority of representatives and senators tell us that the tax code does not need to be reformed/simplified.appdaze wrote:http://espn.go.com/nfl/story/_/id/94038 ... ers-source
"Because No. 24 is part of Revis' identity he can claim the $50,000 as a business expense in a tax deduction, Robert Raiola, an accountant with FMRTL in Cranford, N.J., whose clients include athletes, told ESPN.com's Darren Rovell. Barron, in turn, has to claim it as income."
If I wear Nike shoes for 6 years does that mean it becomes part of my identity and I can write off every pair of nikes I buy from there on out? Cmon....that is a tax write off? Really???
Poster formerly known as AppState03 (MMB) and currently known as ASUMountaineer everywhere else.