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Jim Jones, The Game, Bizzy Bones

Deducting Making-It-Rain $$$

IS LEGIT!!!

3/5/2013 6:10 AM PST BY TMZ STAFF
EXCLUSIVE

0304-rain-game-jim-jones-bizzy-bone

Rapper Jim Jones is figuring out how to deal with Uncle Sam next month, and he's considering deducting expenses on his income tax for making it rain.  Well guess what, in theory he might have a fighting chance of winning.

Jones is not alone.  Bizzy Bone tells TMZ, "I'm giving charity to females who need their light bills paid.  So, of course, that's a write-off.  You write off your kids, don't you?"

The Game tells TMZ ... making it rain "is good for business and promotion that comes with the lifestyle of a rapper.  They bump our music in a strip club, so me giving the girls a little bit of change to shake their ass -- that comes with the business.  Everybody wins."

Daz Dillinger tells us, "Hell yeah.  I'm going to see about getting my taxes fixed as soon as possible."

And Lil' Flip tells TMZ he's actually done it ... deducted making-it-rain expenses from his taxes.

So here's the deal ... There are 2 possible ways a rapper could justify deducting strip club tips as a business expense:

1.  ENTERTAINMENT EXPENSES. These costs could be deducted if the rapper is entertaining a client, customer or employee and the expense is not "lavish or extravagant." So it might be hard for Drake to justify dropping 50K in a club, but another rapper who lets a grand fly would have a much better argument.

2.  ADVERTISING OR PUBLICITY. These expenses could be deducted if they are "reasonable ... and are directly related to [the rapper's] business." Funny thing ... a lot of rappers say making it rain is something they have to do to build their image so people will buy their records, so as crazy as it sounds, they may have a leg to stand on.

But there's another problem -- those pesky receipts. Strippers don't typically take a time-out to pull a receipt out of their G-string.

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88 COMMENTS

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16.

aquanet    

a year from know we'll see they owe back taxes of filing for bankruptcy Oh and dont forget the back child support and baby mama's they will owe money too..

494 days ago
17.

Mrugowsky    

It's encouraging that all the hip hop crews are becoming familiar with the law.

494 days ago
18.

exlax    

erin called and said she could use a few dollars if you don't sell the other sex tape she is marketing ... or get her fired from her gig at black vannila.com one of those washed up used athelete things!

494 days ago
19.

mark    

it's the greatest way to quickly let people know that you''ve been educated poorly, subscribe to ghetto values, have extremely poor taste and not even the slightest inkling of either class of dignity. disgusting hood rat behaviour.

494 days ago
20.

exlax    

she just want her change back from that half dollar that put his 50 sense in her.. thinkiking a nickle back was worth posting her own nude pics

494 days ago
21.

exlax    

rappers and stupid hookers should all get off on the daytona 500 on camera since she has surveallance in the bathroom

494 days ago
22.

exlax    

cry colored wolf erin andrews and I will not listen again

494 days ago
23.

billybob    

O.K. so tell your daughters to become a stripper or hooker, it's a safe bet, BECAUSE from time to time black n-philanthropists (God bless them!) with big golden balls will come and "Making-It Rain".

494 days ago
24.

exlax    

who is the most irrevelant? black or white that sues for lies?

494 days ago
25.

exlax    

I find more than 50 cents in my washing machine, at least it works

494 days ago
26.

Deanna    

GET BETTER NEWS.

494 days ago
27.

exlax    

my washing machine that can't sing don't try to kiss me either with a black mik in her face

494 days ago
28.

exlax    

glad the have their own doctor appointments

494 days ago
29.

exlax    

aids is almost a curable disease

494 days ago
30.

exlax    

next best thing is a drive by

494 days ago
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