World’s Strangest

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11 Things You Might Not Know About Income Tax

© David Woo/Corbis Every American’s least favorite day of the year is just around the corner. In commiseration, here are some things you might not know about the income tax. 1. More People Think It’s Okay to Cheat Taxes are never popular, but recently they have gotten even less so. In 2011, 16% of Americans said it was [...]

The Quick 10: 10 Weird Tax Deductions Other People Got Away With (but you probably won’t)

With tax season upon us, I bet many of you are scrambling to get paperwork together (I am). Here are a few deductions you may want to consider while you’re scrounging for crumpled receipts. They’ve worked at least once, although we can’t guarantee they’ll work again… 1. Fancy dresses… but only if they’re so tight you [...]

Top 11 Oddball Tax Deductions

People have deducted swimming pools, breast implants, and body oil from their income for tax purposes -and the IRS allowed it! You can deduct anything if you can justify it as a legitimate business expense. Eleven people did just that in this article from Kiplinger. 1. Pet food. A couple who owned a junkyard were allowed [...]