Bad Deductions in Iowa

Who: Tax preparers, Howard & Jill Musin

What: Judge ruled in favor of government, stating that the Musins (on their clients’ behalf) “took numerous, unrealistic positions as to business deductions for … quintessentially personal expenses.”

How Much: $21 million in bad deductions

More Info: The couple has already been prohibited from practicing before the IRS; they now face further sanctions.

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