Friday, September 9, 2005
We beat the MSM to the punch last week when we blogged the Tax Court's decision in Allemeier v. Commissioner, T.C. Memo. 2005-207 (8/31/05), which permitted a saleman of orthodontic appliances to deduct the expenses of obtaining an M.B.A. Recent MSM commentary on the case includes:
For prior TaxProf Blog coverage of the deductibility of M.B.A. expenses, see here and here.