National Tax Reports Reveals Potential Changes to Tax Deductions for Sporting Events
Frank Ellis, a tax preparation expert from Traverse City, Michigan, has revealed deductions breaks that are available to taxpayers for college sporting events. While President Obama's 2015 budget included a proposal to end this, the author says that college sports fans can still deduct about 80% of the cost of donations made to get seats at such venues. Other aspects of the budget plan are revealed.
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