Assume Sally is a professor who has a PhD in accounting and teaches tax courses. She decides
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Assume Sally is a professor who has a PhD in accounting and teaches tax courses. She decides that it would help her teaching to earn a law degree with a heavy emphasis on tax classes. Can she deduct the cost of the tax courses offered as part of her law degree? Explain and cite to specific provisions in the Code and Treasury Regulations.
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Section 162a provides a deduction for trade or business expenses Whether educational expenses qualif...View the full answer
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Accounting and auditing research tools and strategies
ISBN: 978-1118027073
8th edition
Authors: Thomas Weirich, Thomas Pearson, Natalie Tatiana
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