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	<title>Tax  Lawyer&#039;s  Blog &#187; Deductible Expenses</title>
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	<description>Pappas on Taxation</description>
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		<item>
		<title>TIGTA: 82% of Investment Theft Loss Claims are Erroneous</title>
		<link>http://www.pappasontaxes.com/index.php/2011/11/26/tigta-82-of-investment-theft-loss-claims-are-erroneous/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/11/26/tigta-82-of-investment-theft-loss-claims-are-erroneous/#comments</comments>
		<pubDate>Sat, 26 Nov 2011 14:30:38 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Announcements]]></category>
		<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[IRS Audits]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[capital losses]]></category>
		<category><![CDATA[investment theft losses]]></category>
		<category><![CDATA[ordinary losses]]></category>
		<category><![CDATA[ponzi scheme]]></category>
		<category><![CDATA[tax fraud]]></category>
		<category><![CDATA[tax losses]]></category>
		<category><![CDATA[theft losses]]></category>
		<category><![CDATA[TIGTA]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=28065</guid>
		<description><![CDATA[Taxpayers and their advisors have good reason to want to categorize losses as theft losses rather than investment losses. Theft losses are treated as ordinary losses and are deductible in the year incurred.¹ Investment losses are treated as capital losses and are limited to the amount of capital gains plus $3,000. It is, therefore, not surprising that TIGTA has [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/11/26/tigta-82-of-investment-theft-loss-claims-are-erroneous/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Constructive Dividends and the Substance Over Form Doctrine</title>
		<link>http://www.pappasontaxes.com/index.php/2011/09/19/constructive-dividends/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/09/19/constructive-dividends/#comments</comments>
		<pubDate>Mon, 19 Sep 2011 13:45:49 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[C Corporations]]></category>
		<category><![CDATA[Corporate Tax]]></category>
		<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[IRS Audits]]></category>
		<category><![CDATA[c corporation]]></category>
		<category><![CDATA[constructive dividends]]></category>
		<category><![CDATA[jack townsend]]></category>
		<category><![CDATA[shareholder loans]]></category>
		<category><![CDATA[shareholder wages]]></category>
		<category><![CDATA[substance over form]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=25832</guid>
		<description><![CDATA[Jack Townsend has an excellent post today (all of his posts are excellent) about C corporation constructive dividends. In United States v. Ellefsen, ___ F.3d ___, 2011 U.S. App. LEXIS 18684 (8th Cir. 2011), the appeals court addressed the issue of whether the IRS properly reclassified payments made by a C corporation to a trust, [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/09/19/constructive-dividends/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tax Equality Proposal: Abolish the Standard Deduction and Let Poor People Itemize</title>
		<link>http://www.pappasontaxes.com/index.php/2011/09/17/tax-equality-proposal-abolish-the-standard-deduction-and-let-poor-people-itemize/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/09/17/tax-equality-proposal-abolish-the-standard-deduction-and-let-poor-people-itemize/#comments</comments>
		<pubDate>Sat, 17 Sep 2011 14:24:25 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[Tax Policy]]></category>
		<category><![CDATA[Taxes 101]]></category>
		<category><![CDATA[charitable contributions]]></category>
		<category><![CDATA[howard gleckman]]></category>
		<category><![CDATA[itemized deductions]]></category>
		<category><![CDATA[miseducation on taxes]]></category>
		<category><![CDATA[soak the rich]]></category>
		<category><![CDATA[tax lies]]></category>
		<category><![CDATA[tax the rich]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=25774</guid>
		<description><![CDATA[In a recent post I criticized Howard Gleckman of Tax Vox for claiming that lower-income taxpayers who don&#8217;t itemize their deductions receive no benefit from their charitable contributions even though these taxpayers &#8220;gave about 3.5% of their income in 2009&#8243; to charity. The reason for this, Gleckman asserted, is that [T]hese taxpayers can only take the deduction [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/09/17/tax-equality-proposal-abolish-the-standard-deduction-and-let-poor-people-itemize/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>CEOs who Reduce Corporate Tax Liabilities Deserve High Compensation</title>
		<link>http://www.pappasontaxes.com/index.php/2011/08/31/ceos-who-reduce-corporate-tax-liabilities-deserve-high-compensation/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/08/31/ceos-who-reduce-corporate-tax-liabilities-deserve-high-compensation/#comments</comments>
		<pubDate>Thu, 01 Sep 2011 02:17:50 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[C Corporations]]></category>
		<category><![CDATA[Corporate Tax]]></category>
		<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[Politics of Taxes]]></category>
		<category><![CDATA[Tax Policy]]></category>
		<category><![CDATA[corporate taxes]]></category>
		<category><![CDATA[excecutive compensation]]></category>
		<category><![CDATA[peter whoriskey]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=25336</guid>
		<description><![CDATA[Peter Whoriskey of the Washington Post apparently thinks he&#8217;s stumbled onto something important in Some Companies Pay Their CEOs More than Uncle Sam: It has become a bipartisan article of faith in some quarters that the income tax on U.S. corporations must be lowered. But for many large U.S. companies, the burden of U.S. taxation [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/08/31/ceos-who-reduce-corporate-tax-liabilities-deserve-high-compensation/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Does the Charitable Contribution Deduction Unfairly Favor the Rich?</title>
		<link>http://www.pappasontaxes.com/index.php/2011/08/27/does-the-charitable-contribution-deduction-unfairly-favor-the-rich/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/08/27/does-the-charitable-contribution-deduction-unfairly-favor-the-rich/#comments</comments>
		<pubDate>Sat, 27 Aug 2011 14:04:35 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Politics of Taxes]]></category>
		<category><![CDATA[Tax Policy]]></category>
		<category><![CDATA[big government]]></category>
		<category><![CDATA[charitable contributions]]></category>
		<category><![CDATA[class wafare]]></category>
		<category><![CDATA[howard gleckman]]></category>
		<category><![CDATA[income equality]]></category>
		<category><![CDATA[reduce charitable contributions]]></category>
		<category><![CDATA[small government]]></category>
		<category><![CDATA[soak the rich]]></category>
		<category><![CDATA[tax the rich]]></category>
		<category><![CDATA[tax vox]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=25093</guid>
		<description><![CDATA[You have to have class-warfarism steeped in the marrow of your bones to criticize a person for giving too much money to charity. But this is precisely what pro-taxers do when they claim that the rich unfairly benefit, at the expense of the poor, from the charitable contribution deduction.¹ Howard Gleckman ² of Tax Vox [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/08/27/does-the-charitable-contribution-deduction-unfairly-favor-the-rich/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Mortgage Interest Deduction in Jeopardy</title>
		<link>http://www.pappasontaxes.com/index.php/2011/08/14/mortgage-interest-deduction-in-jeopardy/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/08/14/mortgage-interest-deduction-in-jeopardy/#comments</comments>
		<pubDate>Mon, 15 Aug 2011 00:06:19 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[Legislative Watch]]></category>
		<category><![CDATA[Tax Policy]]></category>
		<category><![CDATA[home mortgage deduction]]></category>
		<category><![CDATA[interest deduction]]></category>
		<category><![CDATA[second home interest]]></category>
		<category><![CDATA[tax deductions]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=24578</guid>
		<description><![CDATA[Kenneth Harney of The Washington Post says that elimination or scale-back of the mortgage interest deduction is on the table in deficit negotiations: After decades of being considered politically sacrosanct, why are homeowner mortgage write-offs suddenly on the chopping block? Sheer size is the No. 1 reason. The congressional Joint Committee on Taxation estimates that [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/08/14/mortgage-interest-deduction-in-jeopardy/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Tax Court Says No Theft Loss for Foreclosure</title>
		<link>http://www.pappasontaxes.com/index.php/2011/08/04/tax-court-says-no-theft-loss-for-foreclosure/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/08/04/tax-court-says-no-theft-loss-for-foreclosure/#comments</comments>
		<pubDate>Thu, 04 Aug 2011 12:39:04 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Court Cases]]></category>
		<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[Taxes 101]]></category>
		<category><![CDATA[cancellation of debt]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[joe kristan]]></category>
		<category><![CDATA[nadel v commissioner]]></category>
		<category><![CDATA[tax court]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=24190</guid>
		<description><![CDATA[There is an epidemic of blame shifting in the housing crisis. People who knew or should have known that they would not be able to honor the terms of the mortgage notes they signed when they expected housing values to rise are, now that housing prices have declined, attempting to shift the blame to their lenders for giving [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/08/04/tax-court-says-no-theft-loss-for-foreclosure/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Accountant Tries to Deduct Value of His Own Services</title>
		<link>http://www.pappasontaxes.com/index.php/2011/07/26/accountant-tries-to-deduct-value-of-his-own-services/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/07/26/accountant-tries-to-deduct-value-of-his-own-services/#comments</comments>
		<pubDate>Tue, 26 Jul 2011 18:42:45 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Court Cases]]></category>
		<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[Taxes 101]]></category>
		<category><![CDATA[162 expense]]></category>
		<category><![CDATA[mondello v commissioner]]></category>
		<category><![CDATA[ordinary and necessary]]></category>
		<category><![CDATA[tax court]]></category>
		<category><![CDATA[value of services]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=23934</guid>
		<description><![CDATA[Are you sure we don&#8217;t need to regulate unenrolled tax preparers? Here&#8217;s the story of an accountant named Mondello who tried, with a straight face, to  take a deduction on his income tax return for the value of his services (Mondello v. Commissioner, T.C. Summ. Op. 2011-97 (July 25, 2011)): Petitioner operated his Web site business [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/07/26/accountant-tries-to-deduct-value-of-his-own-services/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Business Vacations and Taxes</title>
		<link>http://www.pappasontaxes.com/index.php/2011/07/10/work-vacations-and-taxes/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/07/10/work-vacations-and-taxes/#comments</comments>
		<pubDate>Sun, 10 Jul 2011 15:00:55 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[Taxes 101]]></category>
		<category><![CDATA[business vacations]]></category>
		<category><![CDATA[ordinary and necessary]]></category>
		<category><![CDATA[travel expenses]]></category>
		<category><![CDATA[work vacations]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=23547</guid>
		<description><![CDATA[Karen Hube writes about the blurry line between what is deductible and not deductible when you go on a work vacation: The federal government — unlike your spouse and kids — may be willing to cut you a break for the hard work you carve out of your precious vacation days. The time spent clicking [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/07/10/work-vacations-and-taxes/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Economic Substance Doctrine</title>
		<link>http://www.pappasontaxes.com/index.php/2011/06/25/economic-substance-doctrine/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/06/25/economic-substance-doctrine/#comments</comments>
		<pubDate>Sat, 25 Jun 2011 10:49:22 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Court Cases]]></category>
		<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[amanda yoder]]></category>
		<category><![CDATA[economic substance doctrine]]></category>
		<category><![CDATA[frivolous tax position]]></category>
		<category><![CDATA[klamath v United States]]></category>
		<category><![CDATA[missouri law review]]></category>
		<category><![CDATA[tax evasion]]></category>
		<category><![CDATA[tax scams]]></category>
		<category><![CDATA[tax shelters]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=22703</guid>
		<description><![CDATA[Amanda Yoder, a 3L at University of Missouri Law School and an editor of its Law Review, has written a thorough piece on the economic substance doctrine¹ titled One Prong, Two Prong, Many Prongs: A Look Into the Economic Substance Doctrine. Ms. Yoder discusses the two approaches the courts have traditionally used in economic substance doctrine cases and [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/06/25/economic-substance-doctrine/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tax Court: Unrepaid Loan to Business Associate is Business Bad Debt</title>
		<link>http://www.pappasontaxes.com/index.php/2011/06/22/tax-court-unrepaid-loan-to-business-associate-is-business-bad-debt/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/06/22/tax-court-unrepaid-loan-to-business-associate-is-business-bad-debt/#comments</comments>
		<pubDate>Thu, 23 Jun 2011 00:27:56 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Court Cases]]></category>
		<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[business bad debt]]></category>
		<category><![CDATA[capital loss]]></category>
		<category><![CDATA[dagres]]></category>
		<category><![CDATA[debt cancelation]]></category>
		<category><![CDATA[journal of accountancy]]></category>
		<category><![CDATA[ordinary loss]]></category>
		<category><![CDATA[personal bad debt]]></category>
		<category><![CDATA[tax court]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=22558</guid>
		<description><![CDATA[CPAs Alice Upshaw and Darlene Pulliam analyze a recent Tax Court ruling that found that &#8220;a taxpayer’s loan to a business associate was made in connection with the taxpayer’s trade or business, and therefore, the forgiveness of that loan was a bad-debt loss under IRC § 166(a). The IRS had argued that the loan was personal and [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/06/22/tax-court-unrepaid-loan-to-business-associate-is-business-bad-debt/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Reasons Some People Earning More than $200K Pay Zero Taxes</title>
		<link>http://www.pappasontaxes.com/index.php/2011/06/16/reasons-some-people-earning-more-than-200k-pay-zero-taxes/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/06/16/reasons-some-people-earning-more-than-200k-pay-zero-taxes/#comments</comments>
		<pubDate>Thu, 16 Jun 2011 19:56:52 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[Kay Bell]]></category>
		<category><![CDATA[tax deductions]]></category>
		<category><![CDATA[tax loophole]]></category>
		<category><![CDATA[tax losses]]></category>
		<category><![CDATA[tax the rich]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=22218</guid>
		<description><![CDATA[Kay Bell has published a very interesting chart that shows the primary reasons people don&#8217;t pay taxes: Primary Reasons for No Income Tax Liabilities on 2008 returns reporting $200,000 or more AGI Some observations: 1.   Miscellaneous itemized deductions are by far the biggest contributor to zero tax liability returns. The biggest of these deductions are employee business expenses and [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/06/16/reasons-some-people-earning-more-than-200k-pay-zero-taxes/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>IRS Allows $151 Million of Erroneous Deductions to Cadavers, Convicts and Kids</title>
		<link>http://www.pappasontaxes.com/index.php/2011/06/09/irs-allows-151-million-of-erroneous-motor-vehicle-deductions/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/06/09/irs-allows-151-million-of-erroneous-motor-vehicle-deductions/#comments</comments>
		<pubDate>Thu, 09 Jun 2011 14:01:04 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[IRS procedure]]></category>
		<category><![CDATA[government waste]]></category>
		<category><![CDATA[irs inefficiency]]></category>
		<category><![CDATA[irs waste]]></category>
		<category><![CDATA[qualified motor vehicle deduction]]></category>
		<category><![CDATA[tax increases]]></category>
		<category><![CDATA[TIGTA]]></category>
		<category><![CDATA[wall street journal]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=21983</guid>
		<description><![CDATA[In my previous post we talked about the absurdity of giving more taxpayer money to government entities like the IRS who have a history of wasting the money taxpayers have already given it. Yesterday, right on cue, I received a report from The Treasury Inspector General for Tax Administration titled Millions of Dollars in Questionable Qualified Motor Vehicle [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/06/09/irs-allows-151-million-of-erroneous-motor-vehicle-deductions/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>IRS to Target Rental Losses</title>
		<link>http://www.pappasontaxes.com/index.php/2011/03/09/irs-to-target-rental-losses/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/03/09/irs-to-target-rental-losses/#comments</comments>
		<pubDate>Wed, 09 Mar 2011 23:33:53 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Business Transactions]]></category>
		<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[IRS Audits]]></category>
		<category><![CDATA[IRS audit]]></category>
		<category><![CDATA[material participation]]></category>
		<category><![CDATA[rental losses]]></category>
		<category><![CDATA[tax audit]]></category>
		<category><![CDATA[TIGTA]]></category>
		<category><![CDATA[web cpa]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=21368</guid>
		<description><![CDATA[WebCPA reports that the IRS has agreed with recommendations in a newly released government report urging the agency to increase its examinations of individual tax returns that report losses from rental real estate activity: The report, by the Treasury Inspector General for Tax Administration, was conducted because a Government Accountability Office report in August 2008 [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/03/09/irs-to-target-rental-losses/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>IRS Says Breast Pumps are Tax Deductible</title>
		<link>http://www.pappasontaxes.com/index.php/2011/02/11/irs-says-breast-pumps-are-tax-deductible/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/02/11/irs-says-breast-pumps-are-tax-deductible/#comments</comments>
		<pubDate>Fri, 11 Feb 2011 04:57:55 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[7.5 percent floor]]></category>
		<category><![CDATA[breast pumps]]></category>
		<category><![CDATA[irs medical deduction]]></category>
		<category><![CDATA[itemized deductions]]></category>
		<category><![CDATA[medical expenses]]></category>
		<category><![CDATA[tax deductions]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=21209</guid>
		<description><![CDATA[Bloomberg.com reports that the IRS will announce that breast pumps and other medical equipment that help women lactate are deductible See advance copy of IRS Announcement 2011-14, 2011-9 I.R.B. ___  (Feb. 28, 2011): Breast pumps and associated supplies will be considered medical equipment eligible for the same tax breaks as contact-lens solution, bandages and prescription [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/02/11/irs-says-breast-pumps-are-tax-deductible/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Double the Charitable Deduction to Spur the Economy</title>
		<link>http://www.pappasontaxes.com/index.php/2011/02/01/double-the-charitable-deduction-to-spur-the-economy/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/02/01/double-the-charitable-deduction-to-spur-the-economy/#comments</comments>
		<pubDate>Wed, 02 Feb 2011 00:13:37 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[Tax Policy]]></category>
		<category><![CDATA[The Economy]]></category>
		<category><![CDATA[charitable deduction]]></category>
		<category><![CDATA[increase charitable deduction]]></category>
		<category><![CDATA[president obama]]></category>
		<category><![CDATA[stimulus]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=21120</guid>
		<description><![CDATA[From Paul Caron: Huffington Post, A New Big Idea: Create Jobs and duce Poverty by Doubling the Charitable Deduction, by Dan Froomkin: Even as the United States suffers from a staggering unemployment crisis and vast income inequality, the nation&#8217;s wealthiest families are sitting on huge piles of unproductive cash. So with nothing remotely like a second [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/02/01/double-the-charitable-deduction-to-spur-the-economy/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>No Charitable Contribution for Letting Fire Department Burn Down Your House</title>
		<link>http://www.pappasontaxes.com/index.php/2010/11/05/no-charitable-contribution-for-letting-fire-department-burn-down-your-house/</link>
		<comments>http://www.pappasontaxes.com/index.php/2010/11/05/no-charitable-contribution-for-letting-fire-department-burn-down-your-house/#comments</comments>
		<pubDate>Fri, 05 Nov 2010 11:43:22 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Court Cases]]></category>
		<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[charitable contribution]]></category>
		<category><![CDATA[demolition costs]]></category>
		<category><![CDATA[itemized deduction]]></category>
		<category><![CDATA[kirk herbestreit]]></category>
		<category><![CDATA[tax deduction]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=19740</guid>
		<description><![CDATA[Last year I wrote a blog post titled IRS is Right to Deny Charitable Contribution Deduction of Home to Fire Department. Yesterday in Rolfs v. Commissioner, 135 T.C. No. 24 (Nov. 4, 2010) , the Tax Court agreed. Paul Caron summarizes: The Tax Court held that held a married couple could not claim a charitable contribution deduction for a house that [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2010/11/05/no-charitable-contribution-for-letting-fire-department-burn-down-your-house/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Obama Proposes Trickle-Down Tax Break for Businesses</title>
		<link>http://www.pappasontaxes.com/index.php/2010/10/31/obama-favors-trickle-down-tax-break-for-businesses/</link>
		<comments>http://www.pappasontaxes.com/index.php/2010/10/31/obama-favors-trickle-down-tax-break-for-businesses/#comments</comments>
		<pubDate>Sun, 31 Oct 2010 14:33:35 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[Tax Policy]]></category>
		<category><![CDATA[The Economy]]></category>
		<category><![CDATA[179 deduction]]></category>
		<category><![CDATA[179 expense]]></category>
		<category><![CDATA[capital expenditures]]></category>
		<category><![CDATA[depreciation]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[small business]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=19618</guid>
		<description><![CDATA[Here&#8217;s some good news. President Obama said on Friday that he wants to give small businesses an unlimited 179 deduction for capital expenditures: “What I want to do to accelerate this recovery is to allow businesses of all sizes to immediately deduct the entire cost of these investments — 100 percent — all next year, through the [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2010/10/31/obama-favors-trickle-down-tax-break-for-businesses/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>No Tax Breaks for Breast Feeders</title>
		<link>http://www.pappasontaxes.com/index.php/2010/10/27/no-tax-breaks-for-breast-feeders/</link>
		<comments>http://www.pappasontaxes.com/index.php/2010/10/27/no-tax-breaks-for-breast-feeders/#comments</comments>
		<pubDate>Thu, 28 Oct 2010 03:58:07 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[IRS procedure]]></category>
		<category><![CDATA[breast feeding supplies]]></category>
		<category><![CDATA[health care accounts]]></category>
		<category><![CDATA[irs rules]]></category>
		<category><![CDATA[tax deductions]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=19615</guid>
		<description><![CDATA[Dan Kocieniewski of the New York Times writes that the IRS will continue to prohibit the use of health care account funds to purchase breast feeding supplies: Denture wearers will get a tax break on the cost of adhesives to keep their false teeth in place. So will acne sufferers who buy pimple creams. People [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2010/10/27/no-tax-breaks-for-breast-feeders/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>IRS&#8217;s Home Mortgage Indebtedness Ruling Much Ado About a Little Bit</title>
		<link>http://www.pappasontaxes.com/index.php/2010/10/20/irss-home-mortgage-indebtedness-ruling-much-ado-about-a-little-bit/</link>
		<comments>http://www.pappasontaxes.com/index.php/2010/10/20/irss-home-mortgage-indebtedness-ruling-much-ado-about-a-little-bit/#comments</comments>
		<pubDate>Wed, 20 Oct 2010 20:42:04 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Court Cases]]></category>
		<category><![CDATA[Deductible Expenses]]></category>
		<category><![CDATA[Individual Taxation]]></category>
		<category><![CDATA[IRS procedure]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[catalano v commissioner]]></category>
		<category><![CDATA[home equity debt]]></category>
		<category><![CDATA[home mortgage interest]]></category>
		<category><![CDATA[mortgage interest deduction]]></category>
		<category><![CDATA[pau v commissioner]]></category>
		<category><![CDATA[revenue ruling 2010-25]]></category>
		<category><![CDATA[tax court]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=19515</guid>
		<description><![CDATA[I got unduly excited when I read the following headline in the Journal of Accountancy: IRS Rules That Mortgages Over $1 Million Can Be Deductible Great, I thought. Now my heart surgeon client with a $2 million dollar home mortgage can deduct all of his interest. The taxosphere seems to have shared my excitement. See James Maule&#8217;s [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2010/10/20/irss-home-mortgage-indebtedness-ruling-much-ado-about-a-little-bit/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
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