Celeb Tax Perks: Can Nelly Deduct His Grillz?

ABC News reports that several tax experts agree that ’s bejeweled teeth, celebrated in the hit ‘Grillz’, should be treated as a business expense and be deducted on the rapper’s income tax return. “As nasty as that is, those Grillz are part of Nelly’s costume. He uses them to promote his song and his stage act, so it’s probably a business deduction,” says CPA Shannon Nash, author of ‘For the Love of Money: The 411 to Taking Control of Your Taxes and Building Your Net Worth.’

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