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Indeed, it has increasingly come to apply to middle- and upper-income taxpayers who claim wholly legitimate deductions.
The alternative minimum tax is an anachronism that has long outlived its intended purpose, and kills legitimate deductions for people who work for a living.
For information on tax payments across state boundaries, read The Tax Foundation's work in this area The model assigns all taxpayers the full value of legitimate deductions and credits.
Even the losses incurred while gambling at the blackjack table or betting on the Super Bowl are legitimate deductions.
Darwin was an early critic of Extensionist theories, arguing that they went beyond the "legitimate deductions of science".
He says that the IRS summarily denies even clearly legitimate deductions associated with any businesses placed in a sham trust.
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One of the most revealing documents in the Berenson archives is the draft of a letter that he wrote to his lawyer explaining to the I.R.S. why the appearance of wealth was necessary, and why his books and pictures and travels were legitimate business deductions: They make a difference between personal expenditure & outlay on business.
A by-mail audit can nix inadequately documented (even if legitimate) business deductions but isn't likely to detect unreported income.
(Yes, Mr. Lazio was the guy chosen to run against the first lady after the mayor's marriage imploded and the Westchester D.A.'s husband failed to convince a jury that the cost of fighting a paternity case was a legitimate business deduction.
Mr. Bennett does, however, stick taxpayers with some of his Vegas bills, since the perks he has received as a high roller (lush suites, limos, free booze and who knows what else) are legitimate business-expense deductions for the casinos, which can lighten their tax load accordingly.
These are run by the Dispute Service, an independent, not-for-profit body that requires landlords to provide legitimate reasons for making deductions at the end of the tenancy.
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CEO of Professional Science Editing for Scientists @ prosciediting.com