Drunk Driver Gets a Break (Tax)

On Behalf of | Feb 18, 2015 | DUI |

A man who drank too much at a party was driving home when he wrecked his car. His insurance company refused to pay for the damage so he paid for it himself and deducted it from his taxes. He claimed it was a casualty loss. Although the IRS denied his deduction, the tax court later allowed his claim.