Which of the following expenses is deductible as an entertainment expense? a. The depreciation on an airplane
Question:
Which of the following expenses is deductible as an entertainment expense?
a. The depreciation on an airplane used to entertain customers
b. The cost of a hunting camp used to entertain customers
c. The dues of a racquet club used to keep in shape
d. The cost of a paintball party for clients paid for by a computer salesman at a computer fair
e. None of these are deductible
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Related Book For
Income Tax Fundamentals 2023
ISBN: 9780357719527
41st Edition
Authors: Gerald E. Whittenburg, Steven Gill
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