Gender reassignment surgery tax-deductible, US court finds (AFP)

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The story of Cuba's first transsexual to undergo gender reassignment surgery is coming to the big screen in a documentary getting its premiere Wednesday on the Communist-ruled island, its director said."Mavi Sussel underwent (male-to-female) gender reassignment surgery in 1988 and the documentary is a journey inside this woman, and about the prejudices and problems she has faced, and the questioning of her womanliness," filmmaker Marilyn Solaya said, quoted on the official news agency AIN, ahead of the film's launch Thursday.

Legend has it that an exotic dancer was once allowed to deduct the cost of ‘enhancements’ as a business expense. That one may just be a popular tax-geek myth — but there are plenty of verified, documented cases of weird and wonderful tax deductions our fellow Americans have attempted to claim.

A federal court judge on Tuesday ordered Massachusetts officials to provide sex-reassignment surgery for a transsexual prison inmate, after determining that it was the only adequate treatment for the inmate's mental illness.

Despite the American Taxpayer Relief Act of 2012 passed in January, the government is still tasked with how to cut spending and reduce the deficit.

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It's that wonderful time of year. March madness, the beginning of spring and, of course, tax refunds! Most of us look forward to all three. But, unless you're a big-time gambler, the tax refund will be the one that has the biggest impact on your finances.

Taxes are due April 15, which means it’s time to start gathering your W2s, 1099s, child care receipts and bank statements.