Tag surfboards

Surfboards
Tax-Deductable?
0

The Personal Health Investment Today Act of 2009 (PHIT), has provisions in it to give up to $2,000 in pre-tax dollars for fitness and other physical activity expenses (but only through using special pre-tax medical accounts). Although you may have to go through some hoops to get the accounts set up, if the bill passes you could have big savings. If you live in a state like New York or California, where the tax is over 7% the savings is well worth it.

There are other sport/activity related provisions in the bill (obviously, this is Congress), but it would be nice to save some money, while improving my health.

story via: wahinesurfing.com