Toupee

tax deductions toupee

It may help your looks, but a wig or toupee is not going to make it past the IRS.

One salesman said he wanted to write off his toupee as a business expense because it gave him more confidence and allowed him to do a better job at work.

But his tax preparer, enrolled agent Stephen DeFilippis, wasn't convinced, saying it was too much of a stretch for the IRS.

First published March 27, 2014: 2:40 PM ET

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