By Todd Ganos – … Armed with this understanding, let’s move on to the pay-off.
Congress has given certain individuals priority status such that certain expenses are categorized as above the line deductions. For example, line 23 gives teachers the ability to deduct certain expenses above the line. Line 24 gives military reservists and certain government officials the ability to deduct certain duty-related expenses above the line.
But, check out who else – other than the aforementioned public servants – gets to deduct business-related expenses as above the line deductions. Performing artists! You have got to be kidding me! Teachers, military reservists, government employees, and . . . performing artists? Forgive me but I don’t see the connection. more> http://tinyurl.com/ccyhukd
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