Who would've thought? In the tax arena of celebrity finances, you hear all sorts of perks they get because of their professions.
As tax expert Shannon Nash says about it show business is, in essence, the business of show, and often, the costly accoutrements needed to maintain that image can be deducted from a tax return.
For example, Nelly, who sings about his "bejeweled teeth" in his hit song "Grillz," has those same teeth as tax deductions. "I got my mouth lookin' somethin' like a disco ball," Nelly and co-singer Paul Wall rap in their hit single, celebrating their gold, platinum and jewel-encrusted dentures. Wall's oral ornamentation alone, featuring 65 princess-cut diamonds, is valued at $16,000.
In the same way high-priced costumes and attire, even physical conditioning and plastic surgery are considered deductible by many entertainers.
Nash adds that "As nasty as that is, those Grillz are part of Nelly's costume. He uses them to promote his song and his stage act, so it's probably a business deduction," author of "For the Love of Money: The 411 to Taking Control of Your Taxes and Building Your Net Worth."
Another odd one she mentions is that if you're Paris Hilton and your carrying around your chihuahua, Tinkerbell, it is considered a part of her image, you can get deductions for the canine accessories needed for the dog's upkeep and look.
Hey, what about my look? You know, my old Buddy Holly looking glasses...never mind, I've already tried it.
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