Jim Jones, The Game And Bizzy Bone Are Deducting "Make It Rain" Expenses From Taxes
Posted by Joseph Lee on 03.05.2013
And they could get away with it...
TMZ reports that Jim Jones, Bizzy Bone and The Game are all planning on deducting expenses on their income tax for making it rain.
Bone said: "I'm giving charity to females who need their light bills paid. So, of course, that's a write-off. You write off your kids, don't you?"
The Game said that making it rain "is good for business and promotion that comes with the lifestyle of a rapper. They bump our music in a strip club, so me giving the girls a little bit of change to shake their ass -- that comes with the business. Everybody wins."
Daz Dillinger added: "Hell yeah. I'm going to see about getting my taxes fixed as soon as possible."
Lil Flip says he's actually done it.
There are two ways a rapper could justify deducting strip club tips as a business expense: entertainment expenses or advertising/publicity. For entertainment, they could be deducted if the rapper is entertaining a client, customer or employee and the expense is not "lavish or extravagant". While it might be hard for Drake to justify spending $50,000, another rapper only spending $1,000 would have an easier time doing so.
The expenses could also be deducted if they are "reasonable ... and are directly related to [the rapper's] business." Since the rappers claim that doing it builds their image so people will buy their records, it may actually work as an excuse.
The only problem is proof, as you can't exactly get a receipt from a half-naked stripper.
