{"id":115983,"date":"2008-03-14T12:24:57","date_gmt":"2008-03-14T16:24:57","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/funniest-tax-guy-in-america-releases-2008-celebrity-tax-deductions\/"},"modified":"2008-03-14T12:24:57","modified_gmt":"2008-03-14T16:24:57","slug":"funniest-tax-guy-in-america-releases-2008-celebrity-tax-deductions","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/funniest-tax-guy-in-america-releases-2008-celebrity-tax-deductions\/","title":{"rendered":"&#8216;Funniest Tax Guy in America&#8217; Releases 2008 Celebrity Tax Deductions"},"content":{"rendered":"<p class=\"s2pred\"><strong>NEWS SOURCE: TaxTuneup.com Inc.<\/strong><\/p>\n<p>CINCINNATI, Ohio, March 14 (SEND2PRESS NEWSWIRE) &#8212; Edward A. Lyon, founder of TaxTuneup.com Inc., announces release of his 2008 Celebrity Deductions list. Supreme Court Justice Oliver Wendell Holmes called taxes &#8220;the price we pay for civilization.&#8221; But he never said we have to pay retail! As April 15 approaches, let&#8217;s take a look at what some of our favorite bold-face names might deduct this year:<\/p>\n<p> Lindsay Lohan&#8217;s Drug Rehab. Competition for the celebrity drug rehab category is always fierce. Actress\/trainwreck Lohan takes this year&#8217;s top spot (beating out Britney Spears, Eddie Van Halen, and Amy Winehouse), with not one but two trips to rehab plus 84 minutes of &#8220;hard time&#8221; in the Lynwood jail. Bonus: Drug and alcohol rehab is the only deductible medical expense with a two-drink minimum!<\/p>\n<p> Paris Hilton&#8217;s Acting Lessons. Celebutante Paris Hilton revealed last year that she&#8217;s hired a top acting coach to win better roles. Will that investment pay? Her first feature, &#8220;The Hottie and the Nottie,&#8221; grossed just $25,000 in its opening weekend. We know Paris can deduct her lessons as a business expense. The real question is whether the rest of us can deduct our tickets as casualty\/theft losses! <\/p>\n<p> Kevin Federline&#8217;s Divorce Lawyer. Why is divorce so expensive? Because it&#8217;s worth it! Especially when your train-wreck ex sports a net worth estimated as high as $123 million! Most of K-Fed&#8217;s legal fees will be a nondeductible personal expense. But he can still deduct legal fees for determining tax-deductible spousal support.<\/p>\n<p> Al Gore&#8217;s Nobel Peace Prize. Former Vice-President Gore is a true Renaissance man. He invented the Internet and global warning. He won an Oscar and a Nobel Peace Prize. He was even smart enough (and confident enough) to donate his cash to charity before he won, avoiding a pesky limit on deducting charitable gifts.<\/p>\n<p> Harry Potter&#8217;s Hogwarts Tuition. Harvard University runs $34,998 for 2008 tuition and fees. Plus $10,622 for room and board. That&#8217;s probably more than Hogwarts costs &#8211; but without cool classes like Charms, Care of Magical Creatures, or Arithmancy (whatever that is!) Secondary school and college tuition are a nondeductible personal expense &#8211; but Harry can use a Coverdell Education Savings Account to earn tax-free income to pay for it. <\/p>\n<p> Kristen&#8217;s Train Fare. &#8220;Kristen&#8221; and her fellow &#8220;Emperor&#8217;s Club&#8221; fashion models, pageant winners, and students earned tens of thousands servicing former New York Governor Elliot Spitzer. Kristen&#8217;s an independent contractor (not an employee), so she deducts &#8220;business&#8221; expenses on Schedule C. These include the train fare she had to pay to visit Spitzer because, as everyone knows, there are no prostitutes in Washington D.C. <\/p>\n<p> <strong>About Edward Lyon<\/strong><br \/> Edward A. Lyon is a nationally recognized author, speaker, and consultant. He has appeared on over 200 radio and television broadcasts, including CNN, Fox News, CNBC, MSNBC, and Roseanne Barr&#8217;s short-lived talk show, which dubbed him &#8220;the funniest tax guy in America.&#8221;<\/p>\n<p> For more information, visit <a href=\"http:\/\/www.taxtuneup.com\" target=\"_new\" rel=\"noopener\">www.taxtuneup.com<\/a> or contact Edward A. Lyon, JD at +1-513-321-2821.<\/p>\n<p>News issued by: TaxTuneup.com Inc.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.send2press.com\/wire\/images\/08-0101-Send2Press_72dpi.jpg\" width=\"500\" height=\"375\" alt=\"TaxTuneup.com Inc.\"\/><\/p>\n<p><small>Original Image: <a href=\"https:\/\/www.send2press.com\/wire\/images\/08-0101-Send2Press_72dpi.jpg\" class=\"autohyperlink\" rel=\"nofollow\">https:\/\/www.send2press.com\/wire\/images\/08-0101-Send2Press_72dpi.jpg<\/a><\/small><\/p>\n<p> # # # <\/p>\n<p><small>Original Story ID:  (3762) :: 2008-03-0314-001<\/small><\/p>\n<p><small>Original Keywords: TaxTuneup.com Inc., Edward A. Lyon, JD, Celebrity Tax Deductions, the funniest tax guy in America, nationally recognized author, speaker, and consultant TaxTuneup.com Inc.   <\/small><\/p>\n<p class=\"s2pred\"><strong>NEWS SOURCE: TaxTuneup.com Inc.<\/strong> | Published: 2008-03-14 12:24:57<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CINCINNATI, Ohio, March 14 (SEND2PRESS NEWSWIRE) &#8212; Edward A. Lyon, founder of TaxTuneup.com Inc., announces release of his 2008 Celebrity Deductions list. Supreme Court Justice Oliver Wendell Holmes called taxes &#8216;the price we pay for civilization.&#8217; But he never said we have to pay retail! As April 15 approaches, let&#8217;s take a look at what some of our favorite bold-face names might deduct this year.<\/p>\n","protected":false},"author":9780,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"singles-wide.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19937],"tags":[],"class_list":["post-115983","post","type-post","status-publish","format-standard","hentry","category-press-releases-archive","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":467,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/115983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/9780"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=115983"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/115983\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=115983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=115983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=115983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}