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More About:  tax code • whaling • tax breaks • musician • young adult • Americans • drug use • United States • alcoholism • alcohol • IRS • drugs • Alaska

Six Weird Tax Deductions

Are you a whaling captain? Parent of a kidnapped teen? You could benefit!

(Newser) - The tax code is more than 20,000 pages long and packed with loopholes galore. Newsweek lists six deductions you've probably never heard of:
  • Alaskan whaling captains can deduct up to $10,000 for money spent fixing their boats or on other whaling expenses. 
  • Parents of kidnapped children can
... More »

Majority of Alcoholics Are Young Adults

Study splits drinkers into 5 categories; 2 largest are in 20s

(Newser) - More than half of all alcoholics in the United States are young adults, reveals a new study that surveyed 1,484 US adults. The study, reported by CBS, divided problem drinkers into five types. Despite the stereotype of the alcoholic as middle-aged, the average age in the two largest groups—... More »

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