'It's business expenses': That's what banker called $217,000 blown on strip club

$217,000 over 20 years is $10,850 per year. That’s not so outrageous. Based on recent posts here, many of our own PL’s spend at this level. The fact that he charged it to a corporate credit card, however, may be another story.

https://tuscl.net/discussion.php?id=7845…

What I read is that expenses have to be normal to the industry

https://www.thriftbooks.com/w/tax-savvy-…

But there are all sorts of ways to rig it. This guy just didn't want to be openly associated with strip clubs. That's want sunk him.

SJG