In the end, jewelry can be reduced to three words: people, product and profits. Unless you've got a good jeweler, you can't do much with the other two.

The Jewelry Man.pumping the brakes while popping the clutch.

In "You're not gonna believe what my tax advisor told me I could write off" news, several of my CPA buddies agree that Nelly's bejeweled teeth - celebrated in the hit "Grillz" - should be treated as a business expense and be deducted on his income tax return.

Drive slow homey.EbenGregory are you telling me Nelly can write off his ice grill?

Yes.

The Jewelry Man is informed that because of the unique nature of their work, entertainers often claim deductions that most other people wouldn't try getting away with. Let a tax accountant tell it.in many cases, costly costumes, high-priced personal trainers, and even plastic surgery can be written off as a cost of doing business.

Here's Nelly to EbenGregory on his new ice grill: I got my mouth lookin' somethin' like a disco ball. My oral ornamentation alone, featuring 65 princess-cut diamonds, is valued at $16,000.

Here's CPA Shannon Nash to EbenGregory on Nelly writing off his ice grill: 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.

And speaking of nasty ice grills.

Here's some princess cut diamonds being dropped by EbenGregory on Nelly writing off his ice grill: Whoever said money can't buy happiness simply didn't know where to go shopping.

Check out my picture again.

Click here to Watch EbenGregory - Nelly To Deduct Ice Grill From Tax Return