Welcome to our forum.
Going over my itemized deductions with my accountant, she informed me that I can deduct the cost of running the spa as well as all chemicals for the year. This added up to a nice deduction. Hope this might help someone.
It has been discussed here before about the savings you can recieve with a doctor or chiropractor's presciption for a spa. You can save on sales tax and possibly deduct the cost of the spa if certain things apply.Going over my itemized deductions with my accountant, she informed me that I can deduct the cost of running the spa as well as all chemicals for the year. This added up to a nice deduction. Hope this might help someone.
It seems to me that some of the deductions people take are based on the subjectivity of the accountants interpreting the tax laws. I just hope that the IRS agrees with her....................and he's always saying things like "ya know, I think we can say this and get away with it" or "this will fly under the radar if we do it this way and only for this much...". It's certainly not black and white.
I'm scared we will get audited by the Feds this year as our deductions for mortgage interest is over 40% our income. I know that has to look suspicious,