Rather than continue struggling with a floundering business, one man opted to take the easy...
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Rather than continue struggling with a floundering business, one man opted to take the easy way out and hire an arsonist to burn the building to the ground. In addition to planning on collecting a cool half a million in insurance money, the man also paid a $ fee paid to the arsonist. Not only is there the immediate issue of linking himself directly to a criminal act, theres also the added headache of worrying about the $ fee to the arsonist. Can he deduct the $ payment?
Rather than continue struggling with a floundering business, one man opted to take the easy way out and hire an arsonist to burn the building to the ground. In addition to planning on collecting a cool half a million in insurance money, the man also paid a $ fee paid to the arsonist. Not only is there the immediate issue of linking himself directly to a criminal act, theres also the added headache of worrying about the $ fee to the arsonist. Can he deduct the $ payment?
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