My Favorite Write-off
The (Well-Groomed) Face of the Company
Michelle Madhok frequently appears on television representing her Web-based fashion company, New York-based White Cat Media--so she has to look good. When Madhok began regularly scheduled guest spots, her grooming became a deductible expense. "Getting my hair done, cut, color, nails, facial--I can deduct my grooming because I'm the face of my company,” she says. “I realized early on that if I wasn't fixed up, I would look like a wreck next to the talent."